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Swig Drive-Thru SEC of NE Coronado Dr. & NE Sunnyside School Rd. 650 SF Retail Building Blue Springs, MO 64014 $1,645,000 ($2,530.77/SF) 5.50% Cap Rate
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 NNN
Property Type
Retail
Property Subtype
Building Size
650 SF
Year Built
2024
Price
$1,645,000
Price Per SF
$2,530.77
Cap Rate
5.50%
NOI
$90,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
2.28 AC
Frontage
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-500-03-73-00-0-00-000 | Improvements Assessment | $143,315 |
| Land Assessment | $40,806 | Total Assessment | $184,121 |
PROPERTY TAXES
Parcel Number
36-500-03-73-00-0-00-000
Land Assessment
$40,806
Improvements Assessment
$143,315
Total Assessment
$184,121
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Swig Drive-Thru | SEC of NE Coronado Dr. & NE Sunnyside School Rd.
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