| Price $52,770,000 | Built/Renov 2023 | Tenant Topgolf |
| Cap Rate 6.30% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
37,521
| Lease Start
06-30-2023
| #Units
70
|
| Price/SF $1,406.41 | Expiration
06-30-2043
| Tenant Type Sport/Fitness |
| NOI $3,324,419 | R. Term 19.1 | Ownership Fee Simple |
| Rent/SF
$88.60
| Increases 10.0%/5/yrs | Pop 5Mi 137,890 |
| Lot/AC 12.09 | Options 4/5yrs/10% | AHHI 5Mi $73,207 |
| | |
Topgolf is strategically located on Carillon Parkway, with access to vehicles passing by daily. The property is adjacent to New Echelon City Center Mixed-Use Development, which includes 172,000+ SF of retail, 500,000+ SF of office, 120-room hotel, and 1,500+ residential units. In the vicinity are well-known national retailers such as Taco Bell, McDonald's, Wendy’s, Starbucks, Dominos, and...
...New construction
Build to suit
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Traded and rated company
Corporate Guarantee
Topgolf is a technology-enabled sports entertainment venue that features climate-controlled, outdoor hitting bays for year-round play, a chef-driven menu, hand-crafted cocktails, and music....
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Ulmerton Road | 40th St N | 2022 | 40,000 | 0.21 mi |
| Ulmerton Rd | Feather Sound Dr | 2011 | 41,500 | 0.24 mi |
| Ulmerton Rd | Heron Dr | 2011 | 66,250 | 0.54 mi |
| 28th St | Roosevelt Blvd N | 2011 | 13,952 | 0.55 mi |
| Roosevelt Boulevard North | 28th St | 2021 | 54,000 | 0.58 mi |
| Roosevelt Boulevard North | Gandy Blvd N | 2022 | 48,000 | 0.58 mi |
| Roosevelt Blvd N | Ulmerton Rd | 2011 | 43,500 | 0.66 mi |
| Ulmerton Rd | 2022 | 1,700 | 0.66 mi | |
| I- 275 | Roosevelt Blvd N | 2011 | 103,440 | 0.68 mi |
| I- 275 | Roosevelt Blvd N | 2011 | 91,500 | 0.68 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
