Steak 'n Shake
For Sale
Contact for pricing
8100 Veterans Hwy, Millersville, MD 21108
National restaurant branding with a long-term NNN lease and scheduled annual increases.
Property SizeContact for details
Days on Market141
Property Features for 8100 Veterans Hwy
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
113,000 vehicles/day
Highway Access
Yes
Listing Agency:
Marcus & Millichap - RPH Multifamily Group
Listed By:
Moe Derbala · License #FL 618550
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:53AM
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 Marcus & Millichap - RPH Multifamily Group
Investment Insights
Based on property information with market context.
This offering features a Steak 'n Shake restaurant at 8100 Veterans Hwy in Millersville, Maryland. The sale-leaseback structure includes a 15-year NNN lease beginning at the close of escrow, with 2% annual increases and four five-year renewal options.
The property is positioned within a dense retail corridor in the Baltimore MSA. Nearby national tenants include McDonald's, Wendy's, KFC, Taco Bell, Starbucks, and Wawa. The site is visible and accessible from I-97, which carries more than 113,000 cars per day. Steak 'n Shake was founded in 1934, and the brand has more than 550 locations.
The property is positioned within a dense retail corridor in the Baltimore MSA. Nearby national tenants include McDonald's, Wendy's, KFC, Taco Bell, Starbucks, and Wawa. The site is visible and accessible from I-97, which carries more than 113,000 cars per day. Steak 'n Shake was founded in 1934, and the brand has more than 550 locations.
Key Highlights
- 15‑year NNN lease beginning at the close of escrow
- 2% annual lease increases
- 4 five‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
113,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
179k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 26%
Groceries 15%
Apparel 4%
McDonald's
Dining
36,201 visits/mo
0.1 miles
Shoppers Food & Pharmacy
Groceries
26,041 visits/mo
0.2 miles
Taco Bell
Dining
20,214 visits/mo
0.1 miles
Starbucks
Dining
18,424 visits/mo
0.1 miles
Royal Farms
Shops & Services
17,358 visits/mo
0.2 miles
Demographics for 21108, MD
18,065
Population
6,526
Households
2.8
Avg Household Size
40
Median Age
54%
College-Educated
98%
High-School Grad
12.9 sq mi
ZIP Area
1,400
Density / Sq Mi
$146,556
Median Household Income
$61,218
Median Earnings
$2,030
Median Rent
$543,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - National restaurant branding with a long-term NNN lease and scheduled annual increases.
Where is this conventional restaurant located?
The property is located at 8100 Veterans Hwy Millersville, MD.
What are key features of this property?
This property features: 15‑year NNN lease beginning at the close of escrow; 2% annual lease increases; 4 five‑year renewal options
