845 Ernest Barrett Pkwy, Kennesaw, GA 30144
Brand-new Shake Shack secured by a 15-year absolute NNN lease with 10% rent increases every five years.
- Added:
- Jun 29, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 1 at 4:49 am
Property Features for 845 Ernest Barrett Pkwy
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1996
Listing office Faris Lee Investments (949) 633-2538
Listing date Jun 29, 2026
Source Farislee
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
HighLights
- Brand‑new Shake Shack property built in 1996 in Atlanta’s retail corridor
- Secured by a 15‑year absolute NNN lease backed by Shake Shack (NYSE: SHAK)
- Lease includes 10% rental increases every five years for scheduled rent growth
- Fee simple ownership with zero landlord responsibilities
- Located on Barrett Parkway with 53,100+ VPD traffic count
- Positioned at the entrance to the South Barrett Reliever, a new $62 million bypass over I‑75 (152,000+ VPD)
Overview
The asset is positioned along Barrett Parkway at the entrance to the South Barrett Reliever, a new $62 million bypass over Interstate 75. Reported traffic counts include 53,100+ vehicles per day on Barrett Parkway and 152,000+ vehicles per day on the bypass. The site is embedded within a large retail destination featuring over 6.9 million square feet of retail space and more than 20 million annual visits to nearby shopping centers, with national retailers in the surrounding mix.
For investors, this setup provides a long-term, corporate-backed restaurant lease with scheduled rent step-ups tied to the 15-year term. The property’s fee simple ownership and absolute NNN structure are presented as delivering low operational responsibility, while the location places the asset at a high-visibility retail corridor tied to major roadway access and an established suburban trade area.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kennesaw
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5922
- Latitude
- 34.0374
