Despite declines in most Q1 YoY restaurant metrics in 2022, investor demand for net-lease and quick-service restaurants has been generally strong post-pandemic.
Mike McKean, founder of Retailsphere, tells GlobeSt.com that Q1 2022 is the first look at how the restaurant industry may fare in a post-pandemic world.
"With companies going to a more remote model, many office spaces now sit vacant that once helped bolster breakfast and lunch visits. And while in-person dining is increasing, it is likely this will impact the QSR segment, because consumers aren't looking for new to-go options right now."
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