1460 S Highway 27 | Carrollton, GA 30117
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1460 S Highway 27
Carrollton, GA 30117
Steak 'n Shake · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Sale Leaseback Opportunity - Brand new 20-year lease to be signed at close of escrow
- Strong National Tenant - Steak ‘n Shake is recognized across the country and has over 600 locations total
- Guaranty of Lease - Multi-unit operator
- Absolute NNN Lease - No landlord responsibilities make this an ideal purchase for an investor
- Situated in the Heart of Carrollton - Within blocks of dozens of national retailers and easy access to and from Highways 27 and 166
- Fixed Increases Throughout Term - Healthy 7.5% rent increases every five years, including options
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,006 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.47 AC
Zoning
RESIDENTIA
Parking
70 Spaces (10 Spaces per 1,000 SF Leased)
ABOUT 1460 S HIGHWAY 27 , CARROLLTON, GA 30117
The property boasts a great location in the trade area, near the busy intersection of Highway 27 and Highway 166 (53,376 total VPD). It’s also less than 3 miles from University of West Georgia (13,733 students and 1,200 employees), Carrollton High School, and Central High School.
PROPERTY TAXES
| Parcel Number | C06-0100059 | Improvements Assessment | $315,693 |
| Land Assessment | $178,800 | Total Assessment | $494,493 |
PROPERTY TAXES
Parcel Number
C06-0100059
Land Assessment
$178,800
Improvements Assessment
$315,693
Total Assessment
$494,493
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