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Steak ’n Shake Drive-Through Restaurant
For Sale
Contact for pricing

1460 S Highway 27, Carrollton, GA 30117

Fee-simple ownership covers the land and building, with a new absolute NNN lease planned upon sale.

Property SizeContact for details
Days on Market143

Property Features for 1460 S Highway 27

General Information

Standard status Active
Property subtype Retail

Additional Details

Drive-Thru Yes
Listing Agency: Faris Lee Investments
Listed By: Hunter Steffien · License #CA 02036521
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments

Investment Insights

Based on property information with market context.

The offering includes the fee-simple interest in the land and building occupied by a Steak ’n Shake quick-service restaurant with drive-through service. A new absolute NNN lease with a 20-year term is to be executed upon the property’s sale, providing a defined lease structure for the transaction.

Located at 1460 S. Highway 27 in Carrollton, Georgia, the property sits within a retail trade area that includes Walmart, Lowe’s, Home Depot, TJ Maxx, Ross, Hobby Lobby, Target, Aldi, Kroger, and Publix. The surrounding area has nearly 75,000 permanent residents within a 10-mile radius.

Key Highlights

  • Fee‑simple interest includes the land and building
  • Steak ’n Shake quick‑service restaurant with drive‑through service
  • New absolute NNN lease planned upon sale

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
511k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 17% Apparel 16% Home Improvements & Furnishings 15%
Kroger Groceries
66,795 visits/mo 0.3 miles
Chick-fil-A Dining
51,770 visits/mo 0.4 miles
T.J. Maxx Apparel
44,176 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
40,121 visits/mo 0.2 miles
Ross Dress for Less Apparel
26,837 visits/mo 0.4 miles

Demographics for 30117, GA

37,644
Population
15,313
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
85%
High-School Grad
108.1 sq mi
ZIP Area
348
Density / Sq Mi
$58,463
Median Household Income
$31,273
Median Earnings
$1,066
Median Rent
$239,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Fee-simple ownership covers the land and building, with a new absolute NNN lease planned upon sale.
Where is this drive through restaurant located?
The property is located at 1460 S Highway 27 Carrollton, GA.
What are key features of this property?
This property features: Fee‑simple interest includes the land and building; Steak ’n Shake quick‑service restaurant with drive‑through service; New absolute NNN lease planned upon sale
(949) 633-2538 Call to check price and availability
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