Skip to main content

Restaurant

Steak 'n Shake

6380 Wilmington Pike, Dayton, OH 45305

Listing Price: $1,716,000

Cap Rate
6.00%
Tenant Name
Steak 'N Shake
Years Remaining On Lease
4.5
Gross SF
4,047
Guarantor
Corporate Guarantee
Rentable SF
4,047
Price/Gross SF
$424.02
Lease Type
Absolute Net
Rent Per Square Feet
$25.45

Investment Overview

Marcus & Millichap is pleased to present to market the absolute net leased Steak 'n Shake located at 6380 Wilmington Pike in Dayton, Ohio. Offered at a six percent cap rate, this investment opportunity presents a great opportunity for an investor to acquire a well-located asset with a strong current return and zero landlord responsibility.

Investment Highlights

  • Absolute net leased Steak 'n Shake with five years of base term remaining and two five-year options
  • Offered at a Six Percent Cap Rate | Great Opportunity to Acquire a Well-Located Asset With a Strong Current Return, Built-In Rent Increases and Zero Landlord Responsibility
  • Excellent retail location: outpad to a Kohls and a Lowe's and nearby numerous national tenants including Walmart, Starbucks, McDonald's, Buffalo Wild Wings, Wendy's, Panera, and many more
  • Located along a major thoroughfare with traffic volume exceeding 18,000 VPD and less than a mile from Interstate 675 (VPD: 55,000+)
  • Strong demographics: five-mile population exceeds 121,000

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Restaurant

Steak 'n Shake

Listing Price: $1,716,000

Cap Rate
6.00%
Tenant Name
Steak 'N Shake
Years Remaining On Lease
4.5
Gross SF
4,047
Guarantor
Corporate Guarantee
Rentable SF
4,047
Price/Gross SF
$424.02
Lease Type
Absolute Net
Rent Per Square Feet
$25.45

Investment Highlights

  • Absolute net leased Steak 'n Shake with five years of base term remaining and two five-year options
  • Offered at a Six Percent Cap Rate | Great Opportunity to Acquire a Well-Located Asset With a Strong Current Return, Built-In Rent Increases and Zero Landlord Responsibility
  • Excellent retail location: outpad to a Kohls and a Lowe's and nearby numerous national tenants including Walmart, Starbucks, McDonald's, Buffalo Wild Wings, Wendy's, Panera, and many more
  • Located along a major thoroughfare with traffic volume exceeding 18,000 VPD and less than a mile from Interstate 675 (VPD: 55,000+)
  • Strong demographics: five-mile population exceeds 121,000

Investment Overview

Marcus & Millichap is pleased to present to market the absolute net leased Steak 'n Shake located at 6380 Wilmington Pike in Dayton, Ohio. Offered at a six percent cap rate, this investment opportunity presents a great opportunity for an investor to acquire a well-located asset with a strong current return and zero landlord responsibility.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

MM Texture Background
MM Textured Background Lower