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Jackson Sandland
  • San Francisco, CA
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56
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Fast Food business effect on property value

Jackson Sandland
  • San Francisco, CA
Posted Jul 23 2018, 18:08

I just found out that a rental property I own is within 200 feet of a potential new site for a fast food restaurant. I've read that a Starbucks will increase the value of your property quite a bit, followed by Dunkin' Donuts. Having a Whole Foods in your neighborhood will also increase your property value. I haven't been able to find anything about fast food. My instinct tells me this is probably not great although it does mean there is commerce nearby so hoping that is a positive. I don't know what type of fast food is going in, and I've been invited to make a statement regarding how I feel about this issue. I'm likely going to mention that if it's a Dunkin' Donuts than I support it, but if fast food depreciates the value of your property I will be against it. 

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