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400 Chipman Rd Lee's Summit, MO 64063

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For Sale
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Lee's Summit, MO: High-Growth QSR Net Lease

Property size:
650 SF

Property Features for 400 Chipman Rd

General Information

Property type
Restaurants
Square Feet
650 SF

Building Details

Year Built
2024

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Listing Contact
Phil Sambazis
Phil Sambazis

Listing Agency: Marcus & Millichap San Diego Listing Agent: Phil Sambazis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 650-square-foot Swig drive-thru in Lee's Summit, Missouri. The property boasts a 15-year absolute NNN lease with a thriving, nationally expanding "dirty soda" brand. Rent increases by 10% every five years, ensuring strong future returns. The property enjoys a 5.50% cap rate and a substantial $90,500 annual net operating income (NOI). Located at a hard corner, high-traffic intersection (over 33,000 cars daily) on Chipman Rd, this location benefits from excellent visibility and accessibility. It's situated in a rapidly growing area with strong demographics, including high average household incomes ($110,000 within 3 miles, $126,000 within 5 miles), and is surrounded by new luxury apartment complexes, a major hospital campus undergoing expansion, and a large technology campus. The property is part of a power center with other national retailers, further enhancing its appeal and drawing significant traffic. The Swig brand itself is experiencing explosive growth, with plans for significant expansion in the coming years, making this a secure and potentially high-growth investment. Built in 2024, this property offers a modern, efficient design and is ideally positioned to capitalize on the continued growth of the Lee's Summit market. The property's strategic location near major roadways (US 50 and I-470) provides easy access for customers and employees. The surrounding area boasts a strong daytime population, exceeding 52,000 employees within the primary trade area, and is served by numerous K-12 schools. This is a rare opportunity to acquire a high-performing, low-maintenance investment property in a prime location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Swig Cafe & Coffee Shop

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lee's Summit
County
Jackson
State
Missouri
Longitude
-94.3894651
Latitude
38.9255168

FAQs

What type of property is this?
Restaurant - Lee's Summit, MO: High-Growth QSR Net Lease
Where is this restaurant located?
The property is located at 400 Chipman Rd Lee's Summit, MO.
What is the asking price?
The asking price for this property is $1,645,000.
What are key features of this property?
This property features: 15-Year Absolute NNN Lease with 10% rent increases every 5 years.; Corporate-guaranteed lease with a hyper-growth tenant operating 64+ stores across 7 states.; Swig, a rapidly expanding "dirty soda" franchise, projects doubling its store count in 2024 and international expansion.
(858) 373-3100 Call to check price and availability
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