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25822424
25822423

2301 Arapaho Rd, Garland, TX 75044

CS
CA 01982875
Matthews
Listed by Matthews
$1,478,260
169 days on market
Updated 66 days ago

New Corporate Swig

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 750
Cap Rate 5.75%
NOI $85,000
Occupancy 100%
Tenancy Single
Brand/Tenant Swig
Lease Type Absolute NNN
Lease Expiration 03/26/2040
Remaining Term 15
Rent Bumps Yes
Lease Options Three, 5-year
Broker Co-Op Yes
Class A
Year Built Est. 2025
Acreage 1.150
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/27/2025
Ground Lease Yes
Ownership Leased Fee (Ground)

New 15-Year Corporate Lease | Oversized Parcel

Marketing description

Patrick Graham

Broker of Record

License No. 528005, 9005919 (TX)

Matthews Real Estate Investment Services, Inc

Investment highlights

New 15-Year Corporate Lease – This long-term, passive investment is backed by a 15-year lease signed by Swig Corporate—the originator of the viral “dirty soda” trend and one of the fastest-growing specialty beverage brands in the U.S.—supported by strong capital, seasoned leadership, and a cult-like customer following.

Oversized Parcel – At over an acre, the subject property provides ample room for Swig and any future food users, including generous parking and the potential for multiple drive-thru lanes. As shown on page 8, Swig is implementing a double drive-thru configuration on this site to maximize throughput and efficiency.

Purchasing Near Land Value – With 1-acre lots in the DFW metroplex typically trading between $1M and $1.5M, this property is being offered at or near land value—providing a strong margin of safety for investors. Additionally, tenant will pay approximately $1.4M in rent over the initial 15-year lease term, enabling investors to recoup nearly 90% of their purchase price through base rent alone. Combined with the strength of the tenant and location, this offering presents a compelling blend of downside protection and long-term stability.

Multiple New Apartments – Roughly 1,000 units have recently been constructed adjacent to the subject property with a large data center under construction behind them.

Concentration of Schools – The subject property draws from a combined base of approximately 4,000 students (and their families) each year, thanks to its proximity to two high schools, a middle school, and an elementary school.

Grocery-Anchored Trade Area – Tom Thumb (Albertsons) anchors the immediate trade area west of the subject property and has helped attract national tenants like Starbucks, McDonald’s, Dutch Bros, Chipotle, Murphy Express, and now Swig in recent years.

Robust but Stable Growth – After opening up franchising in 2023, Swig sold 400 units in just two months and quickly paused sales to focus on operational excellence. As of early 2025, it has over 100 locations in 14+ states, with ambitious plans to reach 1,000 stores over the next 6–7 years. Its corporate/franchise split is roughly 50/50, ensuring scalability while maintaining brand control.

Lead by Seasoned QSR Vets – Last year, Swig appointed Daniel Batty as Chief Development Officer who brings over 20 years of experience in QSR development, including leadership roles at Dutch Bros Coffee, McDonald’s, CKE Restaurants (Carl’s Jr), and Dunkin Brands. Not long after, Batty hired a wave of strategic executive additions (CMO, COO, CFO), reflecting Swig’s commitment to culture, growth, and building a nationally recognized brand in the “dirty soda” space.

Listing Contacts

CS
CA 01982875
Matthews
Listed by Matthews

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Patrick Graham
License
528005, 9005919 (TX)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
8668890550
Title
Broker of Record
Brokerage Address
8300 Douglas Ave., Ste. 750, Dallas, TX 75225
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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