9500 E Talking Stick Way - Sports and Entertainment FOR SALE


Scottsdale, AZ 85256
$5,599,000 USD
949-244-6644
9500 E Talking Stick Way, Scottsdale, AZ for Sale
$5,599,000 USD
Sports and Entertainment - FOR SALE
1/6
null | 7.75% Cap Rate

9500 E Talking Stick Way
Scottsdale, AZ 85256


OVERVIEW

Trophy High Barrier to Entry Location | Scottsdale Location - Halfway between Phoenix Sky Harbor International Airport and the Waste Management Phoenix Open (700,000 Annual Attendees) | #1 Topgolf in Arizona Long-Term Commitment | 20 Year Initial Lease | 8.5 Years of Firm Lease Term Remaining | 5 (5-Year) Renewal Options State-of-the-Art Design and Construction | Signature Three-Level Venue & 100+ All-Weather Hitting Bays Globally Recognized Entertainment Brand | 100+ Global Locations | Topgolf serves 25+ Million Guests Globally per annum | Leonard Green’s purchase of a 60% Interest in Topgolf will close Q12026 Irreplaceable location directly fronting the Loop 101 freeway (168,846 VPD) | Located in the Highly Dynamic Talking Stick Entertainment District | Significant Nearby Developments in the Community Affluent Demographics | Ideal Target Customer Base | Synergistic Major Entertainment Venues located Nearby

FOR SALE DETAILS

PRICE

$5,599,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

TopGolf - Scottsdale

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

16.5 AC

LAND SF

718,740 SF

ZONING

C-2/C-3

APN/PARCEL ID

-

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.