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2140 Byberry Rd - Topgolf - Philadelphia, PA 68,000 SF Sports & Entertainment Building Offered at $70,520,322 CAD at a 7% Cap Rate in Philadelphia, PA 19116
Executive Summary
- 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
- 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
Property Facts
| Price | $70,520,322 CAD | Building Class | B |
| Price Per SF | $1,037.06 CAD | Lot Size | 16.42 AC |
| Sale Type | Investment NNN | Building Size | 68,000 SF |
| Cap Rate | 7% | No. Stories | 3 |
| Property Type | Sports & Entertainment | Year Built | 2022 |
| Property Subtype | Golf Course/Driving Range | Parking Ratio | 0.88/1,000 SF |
| Zoning | I1 - Amusement Golf Course | ||
| Price | $70,520,322 CAD |
| Price Per SF | $1,037.06 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | B |
| Lot Size | 16.42 AC |
| Building Size | 68,000 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | I1 - Amusement Golf Course |
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Property Taxes
| Parcel Number | 882966332 | Improvements Assessment | $49,423,014 CAD |
| Land Assessment | $17,294,336 CAD | Total Assessment | $66,717,351 CAD |
Property Taxes
Parcel Number
882966332
Land Assessment
$17,294,336 CAD
Improvements Assessment
$49,423,014 CAD
Total Assessment
$66,717,351 CAD
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2140 Byberry Rd - Topgolf - Philadelphia, PA
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