Steak 'n Shake

Description:

STEAK N SHAKE RECENTLY EXERCISED THEIR OPTION
● Steak ‘n Shake recently exercised their renewal option, extending the lease through February 2029.

AMPLE PARKING & LOT SIZE:
● Situated on a ±1.50-acre lot with 67 parking spaces, supporting a range of potential uses.

HIGH-PROFILE RETAIL CORRIDOR WITH MAJOR REDEVELOPMENT ACTIVITY:
● Strategically located next to Walmart Supercenter and Lowe’s Home Improvement, and surrounded by top national retailers including Kohl’s, Kroger, Petco, Planet Fitness, Aldi, and the Cincinnati Premium Outlets, the area benefits from consistent consumer traffic.
● The City of Middletown recently acquired the Towne Mall (±0.6 miles away) and is actively planning a redevelopment of the ±32-acre site.
● Renaissance Pointe, a ±50-acre event and mixed-use development off I-75, recently broke ground and will bring hotels and retail—one of Middletown’s largest developments in recent history.
● Chick-fil-A is near completion of a new restaurant just a few doors down on Culbertson Road on the former site of Buckeye Restaurant.

PROXIMITY TO MEDICAL CAMPUS:
● Less than ±2 miles from Atrium Medical Center, a ±260- acre facility and the county’s only Level III Trauma Center and Primary Stroke Center.

STRONG LOCAL DEMOGRAPHICS:
● The property is located in a growing trade area with a population of 89,153 and an average household income of approximately $92,882 within a 5-mile radius, supporting long-term consumer demand.

EXCELLENT ACCESSIBILITY:
● Located along a high-traffic corridor with direct access to I-75, which sees over ±116,000 vehicles per day.

ACCESS TO MAJOR METROS:
● Located just 30 minutes from both Dayton and Cincinnati, offering proximity to a combined MSA population of over 3 million—ranking as the 18th largest in the United States.

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