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Legacy works with commercial developers across the United States, many of which prefer franchises as tenants for their investment properties. The benefits of having a franchise as a tenant are numerous. The business has proven marketing success, instant brand recognition, and a developed customer base. Plus, their stores typically have a predetermined layout which makes upgrades and interior design changes simple to execute. 

Legacy has worked with dozens of franchises and retail hotspots over the years, but these 10 are ranked as top contenders for 2022, broken down into our most popular categories: 

Convenient Stores

Dollar General

Dollar General is one of Legacy’s most popular franchise options for investment. This brand is one of the largest franchises in America, with over 15,000 locations nationwide. Their simple layout and minimal staffing requirements make them ideal tenants for many commercial real estate properties. 

Tom Thumb

Tom Thumb is one of the most popular grocery stores in Texas. Though they are a smaller franchise, they have cultivated a loyal customer base and have significantly lower startup costs compared to big chains like Walmart. 

7-Eleven

7-Eleven is America’s go-to for food, fuel, and drinks on the go. It is also touted as one of the best franchise opportunities in the U.S. because of the corporate office’s ongoing support and commitment to innovation in the industry. With veteran incentives for franchise ownership and only a $150,000 net worth requirement, they are a great option for commercial properties in smaller cities. 

Family Dollar

Family Dollar is the closest competitor to Dollar General and another popular option for Legacy Commercial Group. It is known for low startup costs and overhead fees, making them ideal for commercial properties in smaller cities and rural communities. 

Restaurants

Steak n’ Shake

Steak n’ Shakes are typically a major draw in the cities where they are established. Their novelty creates instant demand, and the franchises typically have lower overhead as compared to other popular chains. Steak n’ Shake only requires $10,500 in liquid capital from franchisees, making it an easy option for first-time owners. 

Taco Bell

Taco Bell is known as one of the most affordable fast food options in the U.S., guaranteeing instant traffic for new locations. There are approximately 6,685 locations nationwide, which makes them one of the smaller fast-food franchises in the nation. By choosing a Taco Bell tenant you can count on success from the get-go. 

McDonald’s

McDonald’s is known as one of the most difficult franchises to own because of their incredible popularity and iron-clad business model. The initial investment exceeds $1.2 million, but the tenants who can afford the startup fees are worth having. 

Automotive & Home Improvement 

Advance Auto Parts

Advance Auto Parts is one of the most common chains for automotive parts and care in the nation. They offer a variety of ancillary services including a variety of testing services, tool loans, and curbside services. This drives foot traffic and differentiates them from other retail outlets that provide parts only. 

Goodyear

Goodyear is the most popular retail space for tires in the U.S. Over 80% of sales come from tires alone, which makes them the go-to place wherever one is established. Goodyear franchises are relatively affordable, and though they do require experienced staffing, they can be very reliable tenants due to the support given at the corporate level. 

Ace Hardware

Ace Hardware is a go-to in smaller or rural communities because of the personalized service they provide that big box store home improvement chains simply cannot. This chain has over 5,000 locations nationwide and has a relatively low total initial investment less than $300,000 for most locations. 

If you are interested in investing in a franchise location, visit our Sales & Leasing page to find available properties.