8100 VETERANS HWY Millersville MD 21108-1412

Marcus and Millichap is pleased to offer for sale Steak N’ Shake restaurant, the classic American brand founded in 1934 serving premium burgers & milkshake with over 550 locations, Biglari Holdings acquired the company in 2018 and has been successful in converting the operation to a hybrid of fast food to-go service and diner-style sit-down service. The property is in a dense retail corridor in the Baltimore MSA area with many national brands such as McDonald, Wendy’s, KFC, Taco Bell, Starbucks, Wawa and many more, the site is also visible and accessible from I-97 with more than 113,000 cars per day. The offering is a 15 years NNN lease with 2% annual increase commencing at the close of escrow (sale-leaseback) with 4 five years options.

Iconic American Brand

15 Years NNN Sale-Leaseback\

Personal Guarantees, High Net Worth Franchisee

Dense Retail Corridor 193,000 population and $122,000 Average Income within 5 Miles

New Concept, Hybrid of Fast Food and Sit-Down Service Accessible from I-97 with above 113,000 Cars Per Day

Excellent location 10 miles away from each Baltimore and Annapolis