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The Fort

#303 - Chris Hatch - Principal @ NNN Income - Born to Develop NNN Properties

Aug 22, 2023
Chris Hatch, a 6th generation Utahn and commercial real estate developer, discusses topics such as why Salt Lake City is a fantastic place to work and live, adopting a child from Tonga, developing sites for national retailers, what makes a great development site, and the science of the Drive-thru.
01:13:29

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Choosing a site for a drive-through restaurant requires careful consideration of customer access, including raised medians and location factors.
  • Diversifying tenant types and industries is crucial in building a single-tenant portfolio to mitigate risk and maximize returns.

Deep dives

Importance of site selection in drive-throughs

One of the most crucial factors in choosing a site for a drive-through restaurant is determining how customers will access the drive-through. Ingress becomes the primary concern for any drive-through brand. This includes evaluating if there are any raised medians that restrict access or the planned addition of raised medians in the future. The location of the site, such as being near a corner or having cross-axis easements, can also impact customer access. Site selection for drive-throughs requires careful consideration of these factors to ensure a successful business.

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