Newmark has been exclusively retained to offer for sale the fee-simple interest in the Topgolf located at 11400 Outlet Drive in Knoxville, Tennessee. The subject property is a two-level, 48,000-square-foot entertainment venue with 72 all-weather hitting bays, a full-service restaurant and bar, a rooftop terrace with fire pits, private event space, a 28-foot video wall, and more than 200 HDTVs, constructed new for Topgolf in 2022 on 15.73 acres. Topgolf occupies the property under a 20-year absolute NNN lease that commenced August 12, 2022, and runs through August 31, 2042, leaving approximately 16.1 years of term remaining and four five-year renewal options thereafter. Rent increases 10% every five years, both throughout the primary term and across all four option periods, delivering contractual growth that carries a buyer to 2062. Topgolf International, Inc. guarantees the lease, which is structured as a true absolute net obligation: the tenant is responsible for all taxes, insurance, maintenance, repairs, and capital expenditures, including roof and structure, leaving the landlord with zero ongoing responsibility and no management burden. Backed by a long-term lease structure with scheduled rent increases and multiple renewal options, this investment offers durable cash flow and built-in revenue growth for decades to come. With contractual income extending well into the future and a nationally recognized tenant in place, investors have an opportunity to acquire a stable, low-management asset positioned for long-term wealth preservation and appreciation. Contact the listing team today to learn more about this premier net-leased investment opportunity.