Restaurant Brands International

WHEATON, IL — On Monday, the Wheaton City Council gave its unanimous approval for a drive-thru to be added to the restaurant space at 811 E. Butterfield Rd. that was once home to a Chipotle. The special use permit was unanimously approved by the Planning & Zoning Board at its March 11 meeting. The 4.1-acre property comprises a 9,920 square foot commercial building and a 13,438 square foot commercial building, according to city documents. Both buildings are part of a planned unit development and house multiple tenants, including Oberweis Dairy, Pearle Vision, Sport Clips and DuPage Medical Group. The site has 192 parking spaces, which would be reduced to 166 spaces to allow for the drive-thru. As proposed, traffic for the drive-thru would flow counterclockwise around the 13,438 square foot building, with space for five cars to wait in line. Related: Popeye's Restaurant Unanimously Approved By Wheaton City Council As of April 10, no restaurant had been identified to occupy the space once the drive-thru construction is completed.» Mehr auf patch.com

Restaurant Brands' recent dip reflects near-term challenges, but steady fundamentals and valuation support a cautious stance for investors.» Mehr auf zacks.com

NEW YORK--(BUSINESS WIRE)-- #BurgerKing--Secure Properties, a leading real estate investment firm specializing in net lease properties, has successfully closed the acquisition of a 12-property portfolio consisting of Burger King locations in Georgia and Alabama. The total purchase price for the portfolio was approximately $20 million. The properties are strategically located in high-traffic retail corridors and are 100% leased to four tenants. Eight of the locations are leased to independent operators, while.» Mehr auf businesswire.com