Shake Shack Kennesaw GA

Shake Shack Kennesaw GA Property Images & Information

Shake Shack Kennesaw GA Property Description

Faris Lee Investments is pleased to present the opportunity to acquire a brand-new Shake Shack property located within Atlanta’s premier retail corridor. The asset is secured by a new 15-year Absolute NNN lease backed by Shake Shack (NYSE: SHAK), a publicly traded restaurant company generating more than $1.4 billion in annual revenue and $2.23 billion in systemwide sales. The lease features 10% rental increases every five years, providing investors with strong inflation protection and growing cash flow. Strategically positioned along Barrett Parkway (53,100+ VPD) at the entrance to the South Barrett Reliever, a new $62 million bypass over Interstate 75 (152,000+ VPD), the property benefits from exceptional visibility, accessibility, and long-term real estate fundamentals. The surrounding trade area is supported by more than 178,000 residents, 68,000 households, and 102,000 employees within a five-mile radius, while drawing from some of Atlanta’s most affluent suburban communities including Kennesaw, Marietta, Woodstock, Smyrna, and Acworth. The site is embedded within a dominant retail destination featuring over 6.9 million square feet of retail space, more than 20 million annual visits to nearby shopping centers, and national retailers including Costco, Target, Publix, Walmart, REI, and Dick’s House of Sport. Featuring fee simple ownership, zero landlord responsibilities, and a premier corporate tenant with a highly selective growth strategy, this investment offers a compelling combination of durable cash flow, long-term rent growth, and institutional-quality real estate fundamentals.

Exclusive Investment Highlights

• Brand new Shake Shack in Atlanta's premier corridor (NYSE: SHAK)
• Corporate absolute NNN Lease | Fee simple ownership | ultimate ease of management for investor
• 15 year lease term with 10% rental increases
• strategically positioned on Barrett Parkway (53,100 VPD)
• Dynamic trade area: embedded in dense, top performing retail destination with high barrier to entry
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Area Overview

Kennesaw, Georgia, is a dynamic, multi-layered city defined by its storied railroad heritage and its evolution into a premier regional hub for education and commerce. Situated at the foot of the dramatic Kennesaw Mountain in northern Cobb County, the city’s origins trace back to the 1830s as a burgeoning settlement for railroad workers known as “Big Shanty.” While the area served as a critical theater during the Civil War’s Atlanta Campaign, its post-war recovery was fueled by King Cotton, establishing Kennesaw as a vital shipping center that bridged the rural South with the industrializing North through the turn of the 20th century. The city’s modern identity was permanently accelerated in the 1960s and 70s with the establishment of what is now Kennesaw State University and the completion of I-75, shifting the community from a quiet rail stop into a high-growth suburban powerhouse. Today, Kennesaw stands as a vital economic engine for Metro Atlanta, characterized by a sophisticated, “innovation-driven” economy that extends well beyond its historic downtown. The city’s professional landscape is anchored by Kennesaw State University, one of the largest public universities in Georgia, and the sprawling Ernest W. Barrett Parkway commercial corridor, which serves as a massive retail and office destination for the state. Significant urban reinvestment is currently reshaping the city through transformative mixed-use projects like East Park Village and the ongoing revitalization of the Depot Park area, which blend high-density modern living with the city’s historic charm. From the quiet, established neighborhoods surrounding the National Battlefield to the high-tech industrial firms within the Cobb County Development Authority’s business parks, the city offers a balanced mix of premier suburban amenities and a resilient community spirit, providing residents and investors with a stable environment rooted in preservation and forward-thinking expansion

Financial Snapshot

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