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Miscellaneous

Topgolf | 18 Years Remain | Washington, D.C. | Rapidly Growing Concept

20101 Century Blvd, Germantown, MD 20874

Listing Price: $25,958,637

Cap Rate
5.20%
Tenant Name
Top Golf
Years Remaining On Lease
18.4
Guarantor
Corporate Guarantee
Rentable SF
65,975
Lease Type
NNN Ground Lease
Rent Per Square Feet
$20.46

Investment Overview

The Tenant is positioned along the high-traffic Germantown Road corridor through the heart of Germantown (42,292 VPD). The Property is located immediately off the Interstate-270 interchange (123,841 VPD), and is both visible and easily accessible from the exit ramp. It benefits from synergy with immediate neighboring retailers Regal Cinemas, Fairfield Inn & Suites, Extended Stay America, Chick-fil-A, Panera Bread and TD Bank among others. The destination-oriented retailer also benefits from a wide trade radius as the next closest Top Golf locations are more than 40 miles southwest in Ashburn, Virginia and 46 miles southeast in Oxon Hill, Maryland.

Investment Highlights

  • 18-Year Term; Corporate Ground Lease with Increases
  • Owned and Operated by Calloway (NYSE: ELY)
  • 15th Ranked Topgolf Location Nationwide by Customer Traffic

Exclusively Listed By

Miscellaneous

Topgolf | 18 Years Remain | Washington, D.C. | Rapidly Growing Concept

Listing Price: $25,958,637

Cap Rate
5.20%
Tenant Name
Top Golf
Years Remaining On Lease
18.4
Guarantor
Corporate Guarantee
Rentable SF
65,975
Lease Type
NNN Ground Lease
Rent Per Square Feet
$20.46

Investment Highlights

  • 18-Year Term; Corporate Ground Lease with Increases
  • Owned and Operated by Calloway (NYSE: ELY)
  • 15th Ranked Topgolf Location Nationwide by Customer Traffic

Investment Overview

The Tenant is positioned along the high-traffic Germantown Road corridor through the heart of Germantown (42,292 VPD). The Property is located immediately off the Interstate-270 interchange (123,841 VPD), and is both visible and easily accessible from the exit ramp. It benefits from synergy with immediate neighboring retailers Regal Cinemas, Fairfield Inn & Suites, Extended Stay America, Chick-fil-A, Panera Bread and TD Bank among others. The destination-oriented retailer also benefits from a wide trade radius as the next closest Top Golf locations are more than 40 miles southwest in Ashburn, Virginia and 46 miles southeast in Oxon Hill, Maryland.

Exclusively Listed By

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