QSR Sector Report 2023

The Quick Service Restaurant (QSR) sector, more commonly known as “fast-food,” is a wide-ranging sector comprised of restaurant concepts known for their speed and convenience. The sector is ever changing, with new players consistently entering and exiting the fold, vying for additional market share, often coinciding with broader consumer patterns.

QSRs comprise a significant portion of the net lease real estate market. From an investment perspective, QSRs offer easy access into the niche market as the price point is significantly less than traditional CRE. The average sale price is roughly $2.5 million. At this price point, like many other single tenant net lease sectors, turbulent financial markets present less of a headwind, with most transactions being at a low enough price point that debt markets, and the present uncertainty that comes with those, are not a major consideration facing investors.

READ THE 2023 QSR REPORT HERE

Report contains:

• QSR outlook
• QSR industry snapshot
• QSR cap rate information
• QSR sale reports
• QSR COVID-19 resiliency and recovery