954-629-8666
777 Dedham St, Canton, MA for Sale
Sports and Entertainment - FOR SALE
1/3
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777 Dedham St
Canton, MA 02021


HIGHLIGHTS

  • Rare Boston Investment Opportunity
  • Located in the Wealthiest County in the State and Within the Boston CSA, the 6th Most Populous in the Country
  • Odeal Location Proximate to a High Concentration of Topgolf's Target Users
  • ~925,000 People in 10 Miles

OVERVIEW

Marcus & Millichap is pleased to present a new absolute net Topgolf investment offering in suburban Boston. This location is the first and only in the state of Massachusetts. The property includes a 60,781 square foot three-story building with 90+ climate controlled hitting bays and a driving range on over 12 acres. This location is well situated on I-95 with high accessibility, exceptional household income and proximity to many corporate headquarters and offices, driving corporate event usage. Topgolf recently commenced their 20 year lease with six, five year renewal options. The NOI is expected to be $4,082,925 in year one growing by 10 percent every five years of the initial term and option terms. The lease has a full corporate guaranty with Topgolf International, Inc., the leader in this popular and growing experiential/entertainment sector. Please contact exclusive listing agent for pricing guidance and to coordinate tours.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TopGolf

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

425

LAND DETAILS

LAND ACRES

12.19 AC

LAND SF

530,996 SF

ZONING

I

APN/PARCEL ID

CANT-000033-000000-000004

ASK ABOUT THIS PROPERTY

David GantMarcus & MillichapMore Info
954-629-8666

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David GantMarcus & MillichapMore Info
954-629-8666

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