Swig - 15 Year Abs NNN BTS — Sale in Knoxville, TN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Knoxville, TN 37931

Photos

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Investment Figures

Cap rate
6.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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)

Market Context

This food service in Knoxville, TN is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Knoxville, TN — view the full market.

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