Corporate SWIG & Tropical Smoothie Cafe Retail FOR SALE


Edmond, OK
$1,741,538 USD
917-741-1525
, Edmond, OK for Sale
$1,741,538 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

Corporate SWIG & Tropical Smoothie Cafe
Edmond, OK


HIGHLIGHTS

  • Passive Ownership: The center manages and bills tenants directly for CAM
  • High-Income Demographics: 129,500 population with a 135,700 average household income in 5-miles
  • Stable, Diversified Tenant Mix: Two corporate tenants and two strong franchisees provide strong tenant mix
  • Flexible Investment Options: Purchase Lots 1 & 2 together or individually at a 6.25 and 6.5 cap
  • Prime Signalized Intersection in Edmond's Upscale Market: Oklahoma’s most affluent city

OVERVIEW

HMX Realty Advisors presents for sale a corporate SWIG and Tropical Smoothie Cafe in affluent Edmond, Oklahoma, part of the thriving Oklahoma City MSA. Edmond is the wealthiest city in Oklahoma. This is a passive ownership opportunity as all maintenance and CAM billing is handled by the shopping center. The corporate leased SWIG outperforms 80% of all SWIG locations in OK. SWIG is a drive-thru soda fountain and cookie chain. SWIG, with over 80 locations and ambitious franchise expansion plans targeting 1,400 units within the next eight years, is a rapidly growing brand. The Tropical Smoothie Cafe outperforms 70% of the 1,158 TSCs nationwide. Tropical Smoothie Café is celebrated for its smoothies and fresh food options. Recognized as the number one Smoothie/Juice category franchise by Entrepreneur Franchise 500 for three consecutive years and recipient of the Franchise Times Fast and Serious Award for 10 consecutive years, Tropical Smoothie Café opened 175 new locations in 2023. The adjacent Donato's Pizza and Mo' Bettah is also for sale. It is priced at a 6.25 cap for $3,305,600. If an investor acquires both lots the cap rate changes to a 6.75 cap and a price of 4,737,800. See attached flyer. All of the restaurants have drive-throughs

ASK ABOUT THIS PROPERTY

Rob JamesHMX Realty AdvisorsMore Info
917-741-1525

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Rob JamesHMX Realty AdvisorsMore Info
917-741-1525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.