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More details for 4901 Topgolf way, Durham, NC - Sports & Entertainment for Sale

Topgolf - 4901 Topgolf way

Durham, NC 27703

  • Golf Course
  • Sports & Entertainment for Sale
  • $51,168,756 CAD
  • 35,200 SF

Durham Sports & Entertainment for Sale - Research Triangle

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of the Topgolf located at 4901 Topgolf Way, Durham, North Carolina. This 35,200 SF asset sits atop 7.74 acres within the dense submarket of the Research Triangle Park, the largest research park in the United States that occupies over 7,000 acres and employs more than 65,000 workers. The asset is located at the crossroads of Interstate 40 (199,560 VPD) and I-540 (93,750 VPD). Topgolf has executed a long-term, Abs NNN lease and opened for business to a huge crowd in April 2024. The 20-year lease calls for Four (4), Five (5) Year Options. Topgolf is paying $2,577,061 with a 10% rent increase in Year 6 (April 2029), with 10% rent increases every 5 years thereafter and at the start of each option. The lease is corporately guaranteed and calls for no landlord responsibilities, providing an investor surety of cash flow and a passive investment.

Contact:

Atlantic Capital Partners

Property Subtype:

Golf Course/Driving Range

Date on Market:

2025-05-14
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