Fast Food Real Estate by Jeb Fuller

Fast Food
Real Estate

Written by Jeb Fuller — Top 1% National CRE Investment Advisor

The #1 Investor's Guide to Profiting from QSR Real Estate

Every time someone pulls through a McDonald's, Taco Bell, or Chick-fil-A, the real money isn't in the burger — it's in the building. Jeb Fuller shows you exactly how to buy the real estate that fast food chains lease, and how to collect rent from billion-dollar corporations for 20 years without lifting a finger.
40+
Years CRE Experience
Top 1%
National CRE Advisor
5–6.5%
QSR Cap Rates
15–20 Yr
Absolute NNN Terms
Corp.
Guaranteed Tenants
0
Landlord Responsibilities

What's Inside the Book

From understanding the QSR real estate landscape to closing your first drive-thru deal — the complete playbook for fast food NNN investing.

Part I

The QSR Real Estate Universe

How fast food chains own and lease the real estate beneath their restaurants. The difference between corporate and franchisee leases, and why QSR NNN is the most coveted asset class in commercial real estate.

Part II

Brand-by-Brand Analysis

McDonald's, Taco Bell, Chick-fil-A, Wendy's, Burger King — every major brand's lease structure, credit quality, and investment-grade rating dissected. Know exactly what you are buying before you buy it.

Part III

The Lease Deep Dive

Absolute NNN vs. NN leases, option periods, dark store clauses, and the 37 lease factors that determine whether you own a gold mine or a time bomb. The complete lease analysis framework.

Part IV

Finding and Underwriting Deals

Where QSR deals come from, how to evaluate location, traffic counts, sales volumes, and the 1031 exchange strategy that lets you trade up without paying capital gains.

Part V

Financing the Drive-Thru

How to finance a QSR NNN property, what lenders look for, LTV ratios, DSCR requirements, and the SBA vs. conventional vs. portfolio loan decision tree for fast food real estate.

Part VI

Building Your QSR Portfolio

How to build a multi-brand, multi-market QSR portfolio that generates predictable, passive income — with zero management headaches. The 10-property roadmap from first deal to financial freedom.

Brand-by-Brand Verdict

Not all fast food real estate is created equal. Here is Jeb Fuller's investment verdict on every major QSR brand.

McDonald's

GOLD STANDARD
Credit Rating
A-
Lease Type
Absolute NNN
Lease Term
20 yr

Taco Bell

STRONG BUY
Credit Rating
BB+
Lease Type
Absolute NNN
Lease Term
15–20 yr

Chick-fil-A

PREMIUM
Credit Rating
Corp.
Lease Type
Ground Lease
Lease Term
20 yr

Burger King

SELECTIVE
Credit Rating
B+
Lease Type
NNN
Lease Term
15–20 yr

Wendy's

SELECTIVE
Credit Rating
B+
Lease Type
NNN
Lease Term
15–20 yr

Franchisee

DUE DILIGENCE
Credit Rating
Varies
Lease Type
NNN
Lease Term
10–15 yr
"Every time someone pulls through a drive-thru, the landlord gets paid. The tenant runs the business, pays the taxes, maintains the building, and sends you a check every month for 20 years. That is not a real estate investment — that is a bond with a drive-thru window."

Jeb Fuller, Fast Food Real Estate

JF

Jeb Fuller

Jeb Fuller is a nationally recognized commercial real estate expert with over 40 years of experience as an investor, advisor, General Certified Appraiser, and licensed real estate broker. He is consistently ranked in the Top 1% of commercial real estate investment advisors nationwide.

He has personally brokered and evaluated hundreds of QSR NNN transactions — McDonald's, Taco Bell, Chick-fil-A, Burger King, and Wendy's — across 30+ states. He is the founder of SyndicatorsCapital.com and the creator of the QSR investing curriculum at UniversityOfSuccess.com.

General Certified AppraiserLicensed RE BrokerTop 1% CRE Advisor40+ Years ExperienceQSR NNN SpecialistNNN Expert

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