Episode 11 – Retail Recap: Hopdoddy Growth, Cap Rates & Texas Retail Momentum
Restaurant Expansion, Investment Trends & Strong Retail Outlook
In this episode, hosts Jeremy Mercer, Rob Franks, and Secure Net Lease’s Bob Moorhead sit down with Ryan Redus from Hopdoddy to talk about restaurant growth, site selection, and what’s driving momentum across today’s retail market.
The conversation highlights Hopdoddy’s expansion strategy, how the brand is approaching new markets, and what goes into evaluating the right sites. Ryan also shares insights from his background in brand strategy and how data and real-world experience come together when making real estate decisions.
The team also breaks down current net lease trends, including cap rates, inventory levels, and buyer demand across major tenants like 7-Eleven, Chipotle, and Starbucks. Despite broader market uncertainty, activity remains strong, especially in high-growth markets like Texas.
Key Topics Covered:
Hopdoddy’s Expansion Strategy
- Texas remains the core focus, with continued growth in major markets
- A look at how the brand balances experience, operations, and new formats
Site Selection & Deal Strategy
- How data and market knowledge guide site decisions
- What makes a location successful beyond just the numbers
Retail Market Trends
- Inventory tightening across key net lease tenants
- Continued demand from both buyers and expanding retailers
Big Picture Takeaways
- Strong tenant activity across retail
- Texas continues to attract both national and emerging brands
This episode offers a high-level look at where retail is today and where it may be headed next.
To hear the full conversation and deeper insights behind these trends, listen to Episode 12 below.
