Swig with a Drive-Thru

650 SF | Retail Building | Lees Summit, MO 64086 | $1,645,000 ($2,531/SF) | 5.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,645,000

Property Type
Retail, Restaurant
Square Feet
650 SF
Price / Square Foot
$2,531

Listing Contacts

Phil Sambazis
Phil Sambazis
Verified Profile
Marcus Thefeld
Marcus Thefeld
Verified Profile
David Saverin
David Saverin
Verified Profile
  • Property Info

Property Details

Class
B
Year Built
2024
Stories
1
Property Subtype
Storefront

Highlights

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty, Hyper-Growth Tenant with 64+ Stores Across 7 States
  • Swig, a “Dirty Soda” Concept, Will Expand Internationally and Double its Store Count in 2024
  • Solidified 500 New Franchise Units, Projected to Open 65 Locations in 2024 and 1,400 Locations Over 8 Years
  • One of the Fastest Growing and Successful Customized Drink and Treats Company in the U.S.
  • Franchise Times Named the Larry H. Miller Company’s Investment in Swig the Deal of the Year

FAQ

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