2140 Byberry Rd - Sports and Entertainment FOR SALE


Philadelphia, PA 19116- Northeast Philadelphia
$52,033,000 USD
949-244-6644
2140 Byberry Rd, Philadelphia, PA for Sale
$52,033,000 USD
Sports and Entertainment - FOR SALE
1/1
null | 7% Cap Rate

2140 Byberry Rd
Philadelphia, PA 19116
Northeast Philadelphia


OVERVIEW

- Brand New 2022 Construction in Incredibly High Barrier to Entry Location | Northeast Philadelphia Location - Halfway between Trenton and Philadelphia | Approximately 500 Employees at the Property - Long-Term Commitment | 20 Year Absolute NNN | Zero Landlord Responsibilities | 10% Rental Increases every 5 years | Four (4) Five (5) Year Renewal Options - State-of-the-Art Design and Construction | Topgolf Invested $29,123,383 in Improvements | Signature Three-Level Venue & 100+ All-Weather Hitting Bays - Unique and Industry-Leading Tenancy - Irreplaceable Hwy 1/Hwy 63 Intersection Location in Northeast Philadelphia | 1 Mile from Northeast Philadelphia Airport | Dynamic Trade Area - Affluent Demographics | Ideal Target Customer Base | Dense Daytime Working Population | Synergistic New Development

FOR SALE DETAILS

PRICE

$52,033,000 USD

PRICE/SF

$765 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Topgolf - Philadelphia, PA

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

16.42 AC

LAND SF

715,242 SF

ZONING

I1

APN/PARCEL ID

882966332

ASK ABOUT THIS PROPERTY

Matt BerresNewmarkMore Info
949-244-6644

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Matt BerresNewmarkMore Info
949-244-6644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.