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Steak 'n Shake Drive-Thru Restaurant

4429 Union Road, Tifton, GA 31794

For Sale
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A fully occupied single-tenant property carries an NNN lease through 2030.

Property SizeContact for details
Days on Market20

Property Features for 4429 Union Road

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Net Operating Income $111,100

Financials

Asking Price $1,710,000
Cap Rate 6.5%

Site & Location

Drive-Thru Yes
Highway Access Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: MMG
Listed By: R. Jeffrey Burgfechtel · License #727734
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 4:26PM

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 MMG

Rey
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Investment Insights

Based on property information with market context.

The property at 4429 Union Road in Tifton is occupied by Steak 'n Shake and features a drive-through. Its NNN lease began January 1, 2016, and runs through December 31, 2030, with multiple five-year renewal options. Annual rent increases are set at 1%. The tenant is responsible for the roof, structure, and parking.

The property is reported at 100% occupancy and a 6.50% cap rate.

Key Highlights

  • Steak 'n Shake is the single tenant, with the property reported at 100% occupancy
  • Drive‑through restaurant
  • NNN lease runs through December 31, 2030, with multiple five‑year renewal options

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm HVAC Service Big Box & Wholesale Store Spa & Massage Center

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Blue Beacon Truck Wash Shops & Services
6,296 visits/mo 0.2 miles

Demographics for 31794, GA

28,012
Population
11,748
Households
2.4
Avg Household Size
37
Median Age
18%
College-Educated
85%
High-School Grad
114.5 sq mi
ZIP Area
245
Density / Sq Mi
$44,569
Median Household Income
$36,665
Median Earnings
$795
Median Rent
$111,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A fully occupied single-tenant property carries an NNN lease through 2030.
Where is this conventional restaurant located?
The property is located at 4429 Union Road Tifton, GA.
What is the asking price?
The asking price for this property is $1,710,000.
What are key features of this property?
This property features: Steak 'n Shake is the single tenant, with the property reported at 100% occupancy; Drive‑through restaurant; NNN lease runs through December 31, 2030, with multiple five‑year renewal options
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