Topgolf
Lafayette
,
LA
Louisiana
Call for Details
$
29,291,000
.svg)
Call for Details
6.75
%
CAP Rate
7 Miles
South of Downtown Lafayette
6 Miles
from University of Louisiana at Lafayette with 16,000+ Students
343,000
Total Daytime Population within 15 Miles
Property details
- New 20-Year Corporate Absolute Net Lease Guaranteed by Topgolf International Inc.
- Scheduled 10% Rental Escalations During Primary Term & Options
- Six, 5-Year Renewal Options & Zero Landlord Obligations
- Brand New 2023 Construction with State-of-the-Art Features
- Two Floors, 60 All-Weather Bays, 22-Foot Video Wall & 100+ HDTVS with a Bar & Restaurant and Private Event Space
- The Business will Bring ~200 Full- and Part-Time Jobs
- Long-Term Covered Land Play Located at Lafayette’s ‘Main-at-Main’ Intersection in the Premier Regional Shopping Destination
- Ambassador Town Center (Over 5.8M Annual Site Visits (Source: Placer.ai)
- 58-Acre Development Anchored by Costco & Dick’s Sporting Goods/Field & Stream Totaling 430,000 SF
- Situated on the NE Corner of Broadway & NE 36th
- Combined 34,600 AADT
- Average Household Income of $105,447 within a 10-Mile Radius
- Adjacent to Regional Medical Center
- 230-Bed Facility with Wide Range of Services
- Topgolf Callaway Brands Corporation (NYSE: MODG) has a Market Capitalization of $2.43 Billion (Rated B+ by Standard & Poor’s)
- The Acadiana Region Containing Lafayette is the Largest Population and Economic Corridor between Houston and New Orleans
- Large Depreciation Benefits Due to Nature of the Improvements
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Jack Eglé
Felicity Property Co
LA REL Lic #995704008