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SVTPerformance's Chain of Restaurants
Road Side Pub
No-judge zone: Who's personally hurting thanks to all this Covid BS?
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<blockquote data-quote="DAVESVT2000" data-source="post: 16546306" data-attributes="member: 3099"><p>Family business here - own operate commercial real estate.</p><p>Had to work with some of our mom and pop tenants - rent freeze, rent reductions, deferrals, etc.</p><p></p><p>But the bigger chains - Popeye’s, McDonald’s, Taco Bell, etc they are doing better than ever with drivethru and grub hub, Uber eats, etc.</p><p></p><p>Also had two vacancies, one in a strip mall and the other a 1.1 acre site, signed leases for both after numerous inquiries. Strip mall tenant moving in now. ground site, construction starts April 1.</p><p></p><p>Overall we will end the year flat or down about 10% compared to 2019.</p><p>But with new tenants and others getting caught up next year, 2021 rental income will be back ahead of 2019.</p></blockquote><p></p>
[QUOTE="DAVESVT2000, post: 16546306, member: 3099"] Family business here - own operate commercial real estate. Had to work with some of our mom and pop tenants - rent freeze, rent reductions, deferrals, etc. But the bigger chains - Popeye’s, McDonald’s, Taco Bell, etc they are doing better than ever with drivethru and grub hub, Uber eats, etc. Also had two vacancies, one in a strip mall and the other a 1.1 acre site, signed leases for both after numerous inquiries. Strip mall tenant moving in now. ground site, construction starts April 1. Overall we will end the year flat or down about 10% compared to 2019. But with new tenants and others getting caught up next year, 2021 rental income will be back ahead of 2019. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
No-judge zone: Who's personally hurting thanks to all this Covid BS?
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