6789 Shannon Pky
Union City, GA 30291
Steak 'n Shake · Retail Property For Sale

This investment offering is an excellent opportunity to acquire a recently constructed free-standing Steak ‘n Shake, including the land and building, located along a major retail corridor just south of downtown Atlanta. This Steak ‘n Shake Franchisee has 18 years remaining on their NNN lease that includes 5% increases every 5 years, and then 4 x 5 year options. This Steak ‘n Shake is well located, next to a Wal-Mart Supercenter, and a mix of hotel, retail, fast food, banks and more. The location is strong, being right off of Jonesboro Road, which is an established retail corridor in the area, with over 29,000 cars passing per day. In addition, there are nearly 93,000 people living within 5 miles, which is expected to grow. Another positive is that the restaurant is very close to a newly constructed, 987,840 SF, state-of-the-art distribution and warehouse development, Atlanta Metro Studios (http://atlantametrostudios.com/), in addition to film and television studios. This Steak ‘n Shake benefits tremendously from this new development, as does the entire area. This Steak‘n Shake is open 24 hours a day, 7 days a week, with the option of a sit down restaurant or drive thru, making it ideal for the daytime work population, residents, and travelers on I-85.