4429 Old Union Rd - Fast Food FOR SALE


Tifton, GA 31794
$1,710,000 USD
715-505-1200
4429 Old Union Rd, Tifton, GA for Sale
$1,710,000 USD
Fast Food - FOR SALE
1/15
null | Request Cap Rate

4429 Old Union Rd
Tifton, GA 31794


HIGHLIGHTS

  • National Casual Dining Tenant with Proven Brand Demand
  • Stable Tenant with Long-Term Commitment
  • Strategic Location in High-Traffic Area
  • Strong Regional Economy Supporting Retail Demand
  • Proximity to Key Regional Corridors and Infrastructure
  • Supportive Local Economic Development

OVERVIEW

As exclusive advisor, MMG Real Estate Advisors is pleased to present the exceptional opportunity to acquire a Steak N Shake single-tenant retail property located at 4429 Old Union Rd, Tifton, Georgia. Offered at $1,575,000 ($389 per square foot), the property generates a strong net operating income (NOI) of $111,100, delivering a cap rate of 7.05%. The property is fully leased to Steak N Shake, a well-established casual dining brand, and is strategically positioned in a growing market area with strong demand for fast casual dining. The property benefits from a long-term lease that commenced on January 1, 2016, with the current lease term extending through December 31, 2030, and includes multiple five-year renewal options. The lease is structured as an NNN lease, with the tenant responsible for roof, structure, and parking maintenance, reducing landlord responsibilities. Rent increases are scheduled every year at 1%, providing a consistent and predictable cash flow for the investor. Tifton’s economy is supported by regional commerce and population growth, reinforcing the property’s role as an essential retail location in the area. With 100% occupancy and minimal competition from other retailers, this investment presents a secure, cash-flowing opportunity with stable long-term prospects and potential for property value appreciation.

FOR SALE DETAILS

PRICE

$1,710,000 USD

PRICE/SF

$422 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Steak 'N Shake

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

Commercial

APN/PARCEL ID

0047-066A

ASK ABOUT THIS PROPERTY

Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

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Jeff BurgfechtelMMG - Natl. Net Lease TeamMore Info
715-505-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.