food trucks

September 9, 2016 Comments Off on Food Trucks and Commercial Real Estate Views: 320 Connect Classroom

Food Trucks and Commercial Real Estate

Food trucks, which are types of mobile restaurants, are beginning to partner with owners of suburban shopping centers. There have been several reasons for the unlikely match-up, not the least of which is that these trucks boost foot traffic. Collections of food trucks in parking lot areas are becoming destinations for some eaters.

Additionally, these moving kitchens can possibly create tenants for the centers. Foot traffic is naturally appealing to any retailer; the retailer will want to be where potential buyers are congregating. Furthermore, today’s food truck owner could be tomorrow’s storefront tenant, especially if that owner has a large following.

There are some issues with relying on food trucks for a customer draw. One main issue is that of regulation, which can differ from municipality to municipality.

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