• The tenant, Topgolf, has 19+ years remaining on their lease with a corporate guaranty by Topgolf International, Inc. • In October 2020, Topgolf was acquired by Callaway Golf Co. (NYSE: ELY) in an all-stock deal that values Topgolf net worth of $3.63 Billion as of July 19, 2023 • There are 4 (5-year) in place options to extend the lease, generating a potential 40-year occupancy • The lease boasts 10% rental increases every 5 years, including each option to extend • Topgolf is strategically located at the signalized, hard corner intersection of E 29th Street N and Greenwich Rd • The immediate trade area is supported by surrounding retailers such as Target, Hobby Lobby, Marshalls, Academy Sports & Outdoors, and more • Ideally positioned 1 block North of the Greenwich Place Shopping Center, which features 150,000+ SF of retail space anchored by Michaels, ULTA, World Market, and more • The newly built Stoney Point Townhome development (65+ units) is directly next door, providing a direct consumer base from which to draw • According to the Kansas Commerce website, the city is experiencing new development such as Integra Technologies’ $1.8B Wichita Semiconductor Plant which will create nearly 2,000 new jobs • New prototype concept that includes 9-hole mini golf course • Topgolf Wichita is the city’s premier entertainment destination • 52 climate-controlled hitting bays provide year-round comfort • The complex includes a 22-foot video complimented by an additional 100+ HDTVs • The Topgolf Wichita restaurant is accommodated by an accomplished Executive Chef and supported by an experienced team that uses high-quality ingredients to deliver a fresh twist on familiar favorites