$47,495,000 USD
844-585-7682
HIGHLIGHTS
- New Construction Corporate Topgolf Absolute NNN Lease | Includes land and building for depreciation benefits
- 10% increases every 5 years Industry-Dominant Tenant | 10% increases every 5 years during the initial term and each of the four 5-year options
- Industry-Dominant Tenant: Topgolf estimates 2023 revenue will be $1.9 billion, with a 30% average annual growth since 2017
- Adjacent to New Echelon City Center Mixed-Use Development: includes 172,000+ SF of retail, 500,000+ SF of office, 120-room hotel
- Irreplaceable Location Within The Gateway Area and Carillon Office Park
- The Tampa - St. Petersburg Market was Ranked the #1 Emerging Tech Hub in the US by Forbes: 37,000 people within a 5-mile radius and an AHHI over $108k
FOR SALE DETAILS
PRICE
$47,495,000 USD
PRICE/SF
$709 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Topgolf St. Petersburg
PROPERTY TYPE
Sports and Entertainment
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
A
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
12.09 AC
LAND SF
526,640 SF
ZONING
REC
APN/PARCEL ID
12-30-16-13463-005-0030
ASK ABOUT THIS PROPERTY
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844-585-7682
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844-585-7682
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