TRAFFIC PATTERNS: Fast-Growing, Fast Food
Aug 1, 2005 12:00 PM
Despite all the talk about diets and the campaign against obesity, fast-food chains are thriving. Transaction volume jumped 35 percent in the past year, while total dollar volume rose 45 percent, according to Marcus & Millichap's latest Retail Research Report. Starbucks is selling at a median price of $455 per square foot and McDonald's is trading at about $420 a square foot.
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