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Swig with a Drive-Thru | 390 NW Chipman Rd
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Swig with a Drive-Thru 390 NW Chipman Rd
650 SF Retail Building Lees Summit, MO 64086 $1,645,000 ($2,531/SF) 5.50% Cap Rate
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INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
- Swig, a “Dirty Soda” Concept, Will Expand Internationally and Double its Store Count in 2024
- One of the Fastest Growing and Successful Customized Drink and Treats Company in the U.S.
- Corporate Guaranty, Hyper-Growth Tenant with 64+ Stores Across 7 States
- Solidified 500 New Franchise Units, Projected to Open 65 Locations in 2024 and 1,400 Locations Over 8 Years
- Franchise Times Named the Larry H. Miller Company’s Investment in Swig the Deal of the Year
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
650 SF
Building Class
B
Year Built
2024
Price
$1,645,000
Price Per SF
$2,531
Cap Rate
5.50%
NOI
$90,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
2.14 AC
NEARBY MAJOR RETAILERS
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VIDEOS
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PHOTOS
STREET VIEW
STREET
MAP
Presented by
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Swig with a Drive-Thru | 390 NW Chipman Rd
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