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Heading to the ‘burbs: Real estate availability presents expansion opportunities for 2022Heading to the ‘burbs: Real estate availability presents expansion opportunities for 2022

Restaurant operators vie for the elusive 3,500-square-foot location with a double drive-thru

Mark Hamstra

May 18, 2021

5 Min Read
ROTF SLIDES 3
Jersey Mike’s is being presented with nearly twice as many available properties nationwide as the sandwich chain normally is, according to Mike Parkhill, senior vice president and director of real estate.JERSEY MIKE’S

The widespread restaurant and retail store closures of the past year have opened up new opportunities for restaurant operators seeking to expand their concepts, and that means a shift in growth patterns is expected in 2022.

Several expansion-minded operators said they have noticed a sharp increase in available sites to choose from. Many are counting on ongoing consumer demand for off-premise dining, and are seeking larger sites that can accommodate drive-thrus. And many are also focusing on suburban locations as the future of urban office occupancy remains uncertain.

“There are all different kinds of retail that just haven’t been doing well, and landlords are looking at ways to repurpose their property,” said Danielle Brunelli, president a...

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