Miscellaneous
Top Golf | 20-Yr. Absolute NNN | 7.5% Increases Every 5 Years
5 Top Golf Wy, Little Rock, AR 72211
Listing Price: $28,485,244
Cap Rate
6.75%
Tenant Name
Top Golf
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
23,073
Lease Type
Absolute Net
Rent Per Square Feet
$83.33
Investment Overview
Marcus & Millichap is pleased to present the Top Golf in Little Rock, AR.
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
Miscellaneous
Top Golf | 20-Yr. Absolute NNN | 7.5% Increases Every 5 Years
Listing Price: $28,485,244
Cap Rate
6.75%
Tenant Name
Top Golf
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
23,073
Lease Type
Absolute Net
Rent Per Square Feet
$83.33
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
Investment Overview
Marcus & Millichap is pleased to present the Top Golf in Little Rock, AR.

