Top Golf
Single-Tenant Offerings
Top Golf
5 Top Golf Way
Little Rock, AR
- Price:
- $28,485,244
- Cap Rate:
- 6.75%
- NOI:
- $1,922,754
- Rentable SQFT:
- 23,073 SF
- Year Built:
- 2023
- Lot Size:
- 13.78 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 20-Year Absolute NNN Lease with 7.5% Increases Every 5 Years
- High-Performing Location, Profitable in First Year of Opening
- Corporate Guaranty by Topgolf International Inc. (100+ Locations and +/- $1.79 Billion in Revenue)
- Callaway Golf Co. Acquired Topgolf for $2 Billion in 2020
- Average Unit-Level Sales of $17 Million and $6.8 Million in Estimated Earnings (EBITDA)
- State-of-the-Art Design and Construction, 72 Outdoor Climate-Controlled Hitting Bays with Toptracer Technology
- 765,000 MSA Population, Historical 15-Year Population Growth of 9.3%
- 86% of Topgolf’s Customers are Under the Age of 45, 42%+ of Residents in Trade Area are Between 18-44
- Anchor to Village at Club View, Little Rock’s Newest Mixed-Use Development on 45.5 Acres
- Strong Average Household Incomes Exceed $102,000 within 1-Mile
- Excellent Regional Access Off I-430 with 96,000 Cars/Day, Freeway VisibilityAdjacent to Heavily Trafficked Automotive Corridor on Colonel Glenn
- Strong Daytime Population, More Than 114,000 Employees in Immediate Trade Area
- Thriving Tourism, 50.7 Million Visitors to the State with $2.1 Billion in Spending in Pulaski County
- 10 Hotels with 835 Rooms Planned, Proposed, or Under Construction within 7 Miles
- Surrounded by Several K-12 Schools, Over 21,000 Students in Little Rock School District
- Minutes to The University of Arkansas at Little Rock with 9,000 Students
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