Submitted by fletchyjack1995 t3_zyk7t5 in washingtondc
Impossible-Expert277 t1_j273ls6 wrote
Chipotle moved right across the street (710 7th St NW) simply because, like a lot of other restaurants, their leases get jacked up sometimes 1.5 to 3x from the last lease (Depending on whether 10 or 20 year lease).
McDonald's has had stabbings, at least one death and drug dealing inside of it for almost two decades and they went nowhere. They moved cause of landlord per Councilmember Pinto ( “Monumental Sports owns this space & decided not to renew McD’s lease. New use should be announced soon.")
Notice Tom's Watch Bar, Caesar's, etc.? It's all about more revenue landlords think they will get, and they can keep property empty for a long time if they want.
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