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Real Estate Site Criteria
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3500 sq ft + patio (mandatory)
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Construction mix
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Restaurant conversions 50%
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End caps 30%
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Freestanding new building 20%
Site Conditions
Other Criteria for Site Development:
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Growing area/high profile
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Strong/above average income demographics
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Good ingress and egress
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Highly visible site lines
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Good daytime/nighttime population
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Good parking availability
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Near traffic generator
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Minimum daily traffic 25,000 ADT on primary street
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We will not develop in new power centres or greenfield developments
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Typical landlord inducement requirement
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Restaurant conversions $50 sqft – the equivalent work or in situation assets
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New build – Shell improvement allowance of $120 sqft or equivalent work
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