WALNUT CREEK, CA -- Retailers that typically occupy
net-leased space are reacting to changes in consumer spending patterns and
attempting to diversify to capture higher returns on existing footprints.
Fast-food restaurants
are luring health-conscious individuals into establishments by revamping their
menus.
Chains with at least 20 locations are undergoing
preparations to list calories on their menus upon the full implementation of
the Affordable Care Act (ACA) in 2014.
McDonald’s and Wendy’s are leading the charge
in making new offerings healthier to broaden their customer bases.
The ACA will also impact drugstores due to an anticipated
increase in the number of prescriptions. Despite the uptick in demand, expansion
plans by major drugstores are waning as the number of desirable locations
fades.
The resurgent
national housing market should reverse this trend beginning in 2014 as
additional suburban corners become available.
Grocers, Target and Wal-Mart are also aiming
to capture a slice of the government and corporate-sponsored healthcare
dollars. Several of these chains are offering clinical services in addition to
pharmacies, which should boost revenues without a new major square-footage
commitment.
For a complete copy of the company’s report, please
contact
Ben Johnson
Marketing Director
Marcus &
Millichap
2999 Oak Road
Suite 210
Walnut Creek, CA 94597
(925) 953-1700 ext.
1736
(925) 953-1710 fax
(925) 270-9079 cell
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