Restaurant's Impact on Commercial Real Estate is Significant

Red Robin restaurant in Boise Idaho

According to a recent report by CBRE, 17% of US retail sales come from restaurants.

In 2019, over 40 restaurant transactions occurred in the Boise MSA – approximately 25% of all retail transaction. Third-party delivery services, such as Grubhub and DoorDash, are gaining significant traction leading to some delivery-only restaurants called "ghost kitchens."  These businesses are leasing industrial and less desirable retail spaces for lower rents.  

A recent BoiseDev article mentioned that Crave Delivery (which operates a "ghost kitchen" business model), will be coming soon to Ten Mile Crossing, occupying approximately 15,000 SF for their kitchen and delivery operation. 

Agent Relation: 
Bob Mitchell
Brent Wilson
Brian Wilson
Brianna Miller
Dustin Mortimer
Holly Chetwood
John Stevens
JP Green
Mark Schlag
Peter Oliver