35343 Chester Rd - Sports and Entertainment FOR SALE


Avon, OH 44011
$32,604,000 USD
510-289-1166
35343 Chester Rd, Avon, OH for Sale
$32,604,000 USD
Sports and Entertainment - FOR SALE
1/4
null | 6.75% Cap Rate

35343 Chester Rd
Avon, OH 44011


HIGHLIGHTS

  • 20-Year Corporate Absolute Net Lease Guaranteed by Topgolf International, Inc.
  • Brand New 2025 Construction with State-of-the-Art Features
  • Topgolf Callaway Brands Corporation, Now Callaway Golf Company, Completed Sale of a Majority Stake in Its Topgolf Business to Leonard Green Partners
  • Sale Adds Meaningful Institutional Backing, Fueling Expansion and Operational Improvements while Strengthening the Brand's Overall Stability
  • High Traffic Retail Hub with Both Daytime and Residential Demand Supported by Robust Retail and Employment Centers
  • ~18 Miles from Downtown Cleveland in One of the Greater Cleveland's Most Affluent and Fastest-Growing Suburban Corridors

OVERVIEW

A 20-year corporate absolute net lease guaranteed by Topgolf International, Inc., featuring brand-new construction with state-of-the-art amenities. Leonard Green Partners, a leading global private equity firm experienced in scaling high-growth consumer and experiential brands, acquired a majority stake in Topgolf in January 2026. The property is situated within a high-traffic retail hub at the intersection of I-90 and SR-83, adjacent to a strong lineup of national retailers and supported by both daytime and residential demand driven by nearby employment and retail centers. This offering is a premier opportunity to acquire a long-term, newly-constructed asset in a dynamic and highly trafficked market. In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946

FOR SALE DETAILS

PRICE

$32,604,000 USD

PRICE/SF

$652 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Topgolf

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

295

LAND DETAILS

LAND ACRES

12.77 AC

LAND SF

556,261 SF

ZONING

-

APN/PARCEL ID

04-00-021-000-309

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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