Swig Houston, Texas

View Offering Memorandum

Swig

Address

2413 Bay Area Blvd
Houston, TX 77058

Executive Summary

Swig (the “Property”) is a newly constructed freestanding retail building located on Bay Area Boulevard in Houston, Texas. The Property is situated as an outparcel within University Plaza, a shopping center that includes national/regional tenants such as Goodwill and Dollar Tree among others. This location offers excellent visibility, strong traffic counts, and synergy with surrounding retailers.

The building comprises approximately 665 square feet and is 100% leased to Swig Drinks, a rapidly expanding beverage concept known for its unique menu and growing customer base. The tenant operates under a 15-year triple net lease, providing passive income with minimal landlord responsibility. The lease includes fixed rental increases of 10% every five years during the primary term and each of the three additional five-year renewal options, ensuring long-term stability and income growth.

According to Placer.ai, this Swig location is ranked as the fifth most visited in Texas and is in the top 40 percent of Swig stores nationwide. This performance reflects strong brand recognition and customer engagement. This offering represents a compelling opportunity to acquire a stabilized single tenant retail asset with a long-term lease in place, backed by a dynamic and growing national operator.

Investment Highlights

Long-Term, Corporate-Backed Absolute NNN Lease: The Savory Fund corporate guarantee provides strong credit support and de-risks lease performance over the full 15 year base term plus optional extensions.

Structured Rent Escalations: Built-in 10% rent increases every 5 years (including extension periods) offer a hedge against inflation and provide predictable growth in income.

Strategic, High-Traffic Location: Bay Area Blvd frontage with ±28,000 VPD, near major retail and employment hubs, driving strong visibility and consistent customer flow.

Fully Passive Ownership Profile: As a ground-leased, triple net leased asset with a corporate operator, minimal landlord involvement is required, lowering landlord risk and operating burden.

Regional Demand Drivers & Commercial Density: Anchored by NASA Johnson Space Center, UHCL, and healthcare and aerospace employers, the area’s blend of residential, industrial, and retail uses supports sustained tenant demand and long-term leasing stability.