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9500 E Talking Stick Way - TopGolf - Scottsdale 65,000 SF Sports & Entertainment Building Offered at $5,599,000 at a 7.75% Cap Rate in Scottsdale, AZ 85256
Executive Summary
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
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
Property Facts
| Price | $5,599,000 | Lot Size | 16.50 AC |
| Price Per SF | $86.14 | Building Size | 65,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 7.75% | Year Built | 2014 |
| Sale Condition | Ground Lease (Leasehold) | Tenancy | Single |
| Property Type | Sports & Entertainment | Parking Ratio | 3.85/1,000 SF |
| Property Subtype | Golf Course/Driving Range | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | C-2/C-3 - Commercial | ||
| Price | $5,599,000 |
| Price Per SF | $86.14 |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | B |
| Lot Size | 16.50 AC |
| Building Size | 65,000 SF |
| No. Stories | 3 |
| Year Built | 2014 |
| Tenancy | Single |
| Parking Ratio | 3.85/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2/C-3 - Commercial |
Amenities
- Wheelchair Accessible
- Lounge
- Air Conditioning
- Smoke Detector
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Contacts
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Matt Berres -
Samer Khalil -
Karick Brown -
Barry Gabel -
CJ Osbrink -
Chris Marchildon -
Newmark
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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9500 E Talking Stick Way - TopGolf - Scottsdale
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