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More details for 777 Dedham St, Canton, MA - Sports & Entertainment for Sale

TopGolf - 777 Dedham St

Canton, MA 02021

  • Golf Course
  • Sports & Entertainment for Sale
  • $82,896,080 CAD
  • 60,781 SF

Canton Sports & Entertainment for Sale - Route 1 South

Marcus & Millichap is pleased to present a new absolute net Topgolf investment offering in suburban Boston. This location is the first and only in the state of Massachusetts. The property includes a 60,781 square foot three-story building with 90+ climate controlled hitting bays and a driving range on over 12 acres. This location is well situated on I-95 with high accessibility, exceptional household income and proximity to many corporate headquarters and offices, driving corporate event usage. Topgolf commenced their 20 year lease in November of 2023, with six five-year renewal options. The NOI is expected to be $4,082,925 in year one growing by 10 percent every five years of the initial term and option terms. The lease has a full corporate guaranty with Topgolf International, Inc., the leader in this popular and growing experiential/entertainment sector.

Contact:

Marcus & Millichap

Property Subtype:

Golf Course/Driving Range

Date on Market:

2024-07-29
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