9500 E Talking Stick Way - Sports and Entertainment FOR SALE


Scottsdale, AZ 85256
$6,428,662 USD
602-538-7155
9500 E Talking Stick Way, Scottsdale, AZ for Sale
$6,428,662 USD
Sports and Entertainment - FOR SALE
1/7
null | 6.75% Cap Rate

9500 E Talking Stick Way
Scottsdale, AZ 85256


HIGHLIGHTS

  • Trophy location in Scottsdale
  • #1 Topgolf location in Arizona and one of the top locations in the country
  • Lowest priced Topgolf on the market
  • Extremely high average household incomes of $158,729 in a 5 mile radius
  • Across from the Salt River Fields the Spring training home of baseball’s Arizona Diamondbacks & Colorado Rockies (+500,000 annual attendees)
  • Topgolf serves over 23 million guests annually

OVERVIEW

INVESTMENT HIGHLIGHTS • Trophy location in Scottsdale • Lowest priced Topgolf on the market • #1 Topgolf location in Arizona and one of the top locations in the country TENANT HIGHLIGHTS • Topgolf is a globally recognized entertainment brand, backed by Topgolf Callaway Brands Corp. (NYSE: MODG) • Topgolf serves over 23 million guests annually • In 2024, Topgolf Callaway Brands Corp. reported net revenues of approximately $4.24 billion • Topgolf has over 100 locations in the United States, as well as, locations in Australia, China, Germany, Mexico, Thailand, and the United Arab Emirates • Ranked #4 in Top 10 indoor entertainment venues for 2024 LOCATION HIGHLIGHTS • Extremely high average household incomes of $158,729 in a 5 mile radius • Across from the Salt River Fields the Spring training home of baseball’s Arizona Diamondbacks & Colorado Rockies (+500,000 annual attendees) • Adjacent to The Pavilions at Talking Stick, a 1.3 Million SF shopping center with national credit tenants such as Home Depot, Target, Ross, RoadHouse Cinemas, PETCO, Mountainside Fitness, Hobby Lobby, Octane Raceway, Michaels, and more • Located in a large entertainment corridor including the Arizona Boardwalk, a popular entertainment, dining, and shopping destination including attractions such as: OdySea Aquarium, Pangea Land of the Dinosaurs, Butterfly Wonderland, and new concepts coming in a new 48 acre expansion (Source) • Located alongside The Talking Stick Resort and Casino, one of the largest casinos in Arizona with multi-purpose entertainment venue that hosts concerts, live shows, and special events

FOR SALE DETAILS

PRICE

$6,428,662 USD

PRICE/SF

$99 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trophy Topgolf in Scottsdale, AZ

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

16.5 AC

LAND SF

718,740 SF

ZONING

C-2/C-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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