Restaurant
Swig - 15 Year Abs NNN BTS
4504 Grassy Knl Rd, Knoxville, TN 37931
Listing Price: $2,109,000
Investment Overview
Swig is a drive-thru soda-fountain chain, founded in April 2010 in St. George, Utah. The brand is known for its popular "dirty sodas", soft drinks mixed with add-ins such as cream and flavored syrups. Swig is often credited as the originator of this concept, which has developed into a national consumer trend. The category's popularity has been fueled by social media engagement, strong consumer demand for personalization, and broad appeal across multiple demographics.
The Knoxville market is centered in eastern Tennessee and is the state’s third-largest metro, after Nashville and Memphis. Knoxville covers nine counties: Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane, and Union. The local economy is supported by the University of Tennessee and year-round tourism from the Great Smoky Mountains.
Investment Highlights
- Brand New 15-Year Absolute Triple-Net Lease with a Multi-Unit Swig Franchisee
- Annual Rental Increases with Multiple Renewal Options
- Swig is a Rapidly-Growing QSR Brand with 170 Plus Locations Across 23 States
- Outparcel to Food City Anchored Shopping Center, Adjacent to New Tenants: Taco Bell, Take 5 Oil Change, PureMagic Car Wash, and Wagbar Dog Park + Bar
- New 2026 Construction with Two Drive-Thru Lanes
- 231,129 Residents within a Five-Mile Radius in Growing Knoxville Trade Area
- Tennessee is a Business-Friendly State - No State Income Tax
- Highly Visible Location Near the Corner of Oak Ridge Highway and Schaad Road (Approximately 37,570 Combined Cars per Day)
Listing Price: $2,109,000
Investment Highlights
- Brand New 15-Year Absolute Triple-Net Lease with a Multi-Unit Swig Franchisee
- Annual Rental Increases with Multiple Renewal Options
- Swig is a Rapidly-Growing QSR Brand with 170 Plus Locations Across 23 States
- Outparcel to Food City Anchored Shopping Center, Adjacent to New Tenants: Taco Bell, Take 5 Oil Change, PureMagic Car Wash, and Wagbar Dog Park + Bar
- New 2026 Construction with Two Drive-Thru Lanes
- 231,129 Residents within a Five-Mile Radius in Growing Knoxville Trade Area
- Tennessee is a Business-Friendly State - No State Income Tax
- Highly Visible Location Near the Corner of Oak Ridge Highway and Schaad Road (Approximately 37,570 Combined Cars per Day)
Investment Overview
Swig is a drive-thru soda-fountain chain, founded in April 2010 in St. George, Utah. The brand is known for its popular "dirty sodas", soft drinks mixed with add-ins such as cream and flavored syrups. Swig is often credited as the originator of this concept, which has developed into a national consumer trend. The category's popularity has been fueled by social media engagement, strong consumer demand for personalization, and broad appeal across multiple demographics. The Knoxville market is centered in eastern Tennessee and is the state’s third-largest metro, after Nashville and Memphis. Knoxville covers nine counties: Anderson, Blount, Campbell, Grainger, Knox, Loudon, Morgan, Roane, and Union. The local economy is supported by the University of Tennessee and year-round tourism from the Great Smoky Mountains.