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780 Logan Ave N - Topgolf 74,000 SF Sports & Entertainment Building Offered at $73,400,000 in Renton, WA 98057
INVESTMENT HIGHLIGHTS
- In a main manufacturing, business and retail area off Interstate 405 (167,980 VPD) and Logan Avenue (20,757 VPD)
- Prominent manufacturers in immediate proximity include Boeing, Kenworth Truck Company, Paccar, FasterShape, Acorn Custom Cabinetry and AMI Aerospace
- Topgolf Renton ranks in the top 88% of all Topgolf locations for visits over the previous 12 months, per Placer.ai
- Adjacent to The Landing, the #1 power center in Washington State, featuring Target, Ross, Marshall’s, PetSmart and Staples
- Topgolf typically draws from a 15-mile radius, which includes 1.8M residents
- With over 752K visits Topgolf Renton is one of the most visited retail/ entertainment properties in Renton over the previous 12 months
EXECUTIVE SUMMARY
A premier single-tenant net leased Topgolf located at the core of the Seattle-Tacoma-Bellevue MSA (4.15M population). Adjacent to Boeing Renton Factory (~10,000 employees) and The Landing Shopping Center, the #1 ranked power center in Washington. Surrounded by Class A offices, manufacturing factories, apartment communities, residential neighborhoods, shopping centers and hotels. Easy access to Downtown Seattle (11 miles) and Seattle-Tacoma International Airport (8 miles).
PROPERTY FACTS
| Price | $73,400,000 | Building Class | A |
| Price Per SF | $2,855.81 | Lot Size | 10.54 AC |
| Sale Type | Investment | Building Size | 25,702 SF |
| Property Type | Sports & Entertainment | No. Stories | 3 |
| Property Subtype | Golf Course/Driving Range | Year Built | 2022 |
| Zoning | UC - Urban commercial | ||
| Price | $73,400,000 |
| Price Per SF | $2,855.81 |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | A |
| Lot Size | 10.54 AC |
| Building Size | 25,702 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Zoning | UC - Urban commercial |
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Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 088661-0010 | Improvements Assessment | $24,259,700 |
| Land Assessment | $17,447,500 | Total Assessment | $41,707,200 |
PROPERTY TAXES
Parcel Number
088661-0010
Land Assessment
$17,447,500
Improvements Assessment
$24,259,700
Total Assessment
$41,707,200
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780 Logan Ave N - Topgolf
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