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Restaurants, bars, coffee shops drive US retail market

Largest 50 quick-service restaurant operators opened over 2,700 locations in past year
A Chick-fil-a restaurant on Peachtree Road in Atlanta. Quick-service restaurants like Starbucks and Chick-fil-a are rapidly expanding locations across the United States. (CoStar)
A Chick-fil-a restaurant on Peachtree Road in Atlanta. Quick-service restaurants like Starbucks and Chick-fil-a are rapidly expanding locations across the United States. (CoStar)
CoStar Analytics
September 10, 2025 | 9:10 P.M.

Restaurants, bars, and coffee shops are fueling the retail real estate market, accounting for nearly a fifth of all new leasing over the past year, as Americans spend record sums dining out despite higher prices.

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