SOLD – Steak ‘n Shake | Augusta

Marketing Description

• Approximately 15 years of lease term remaining
• Absolute NNN Lease | Zero Landlord Responsibilities
• Strong demographics and growth associated with Cyber Command at Ft Gordon Army Base
• 20-year base term with 10% rental bumps every 5 years
• Multi-unit operator

Investment Highlights

• Fast Food vacancies within the market are nearly non-existent
• Large tract of land at nearly 2 acres
• Signalized corner just off I-20 (over 76,000 cars per day)
• Dynamic daytime traffic generators between I-20, Fort Gordon, Doctors Hospital, ADP, T-Mobile, and Augusta’s primary professional submarket
• Recently installed Tesla charging stations in parking lot