400 Chipman Rd Lee's Summit, MO 64063
Lee's Summit, MO: High-Growth QSR Net Lease
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 400 Chipman Rd
General Information
- Property type
- Restaurants
- Square Feet
- 650 SF
Building Details
- Year Built
- 2024
HighLights
- 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.
- Solidified franchise expansion plan with 65 new locations projected in 2024 and 1,400 over 8 years.
- Investment in Swig recognized as Deal of the Year by Franchise Times.
- High average unit sales of $1 million, with Kansas locations projected at nearly $2 million.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lee's Summit
- County
- Jackson
- State
- Missouri
- Longitude
- -94.3894651
- Latitude
- 38.9255168