Swig with a Drive-Thru 390 NW Chipman Rd

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

Executive Summary

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Retail Retail General Retail Fast Food General Retail Restaurant General Retail Storefront Retail
• Building Size    650
• Building Class    B
• Year Built    2024
• Construction Status    Under Construction
• Price    1,645,000
• Price Per SF    2,531
• Cap Rate    5.50
• NOI    90,500
• Tenancy    Single
• Building Height    1 Story