Topgolf

Lafayette
LA
Louisiana

Call for Details

$

25,186,000

Call for Details
7.85
%
CAP Rate

7 Miles

South of Downtown Lafayette

6 Miles

from University of Louisiana at Lafayette with 16,000+ Students

343,000

Total Daytime Population within 15 Miles

Property details
  1. New 20-Year Corporate Absolute Net Lease Guaranteed by Topgolf International Inc.
    • Scheduled 10% Rental Escalations During Primary Term & Options
    • Six, 5-Year Renewal Options & Zero Landlord Obligations
  2. Brand New 2023 Construction with State-of-the-Art Features
    • Two Floors, 60 All-Weather Bays, 22-Foot Video Wall & 100+ HDTVS with a Bar & Restaurant and Private Event Space
    • The Business will Bring ~200 Full- and Part-Time Jobs
  3. Long-Term Covered Land Play Located at Lafayette’s ‘Main-at-Main’ Intersection in the Premier Regional Shopping Destination
    • Ambassador Town Center (Over 5.8M Annual Site Visits (Source: Placer.ai)
    • 58-Acre Development Anchored by Costco & Dick’s Sporting Goods/Field & Stream Totaling 430,000 SF
  4. Situated on the NE Corner of Broadway & NE 36th
    • Combined 34,600 AADT
  5. Average Household Income of $105,447 within a 10-Mile Radius
  6. Adjacent to Regional Medical Center
    • 230-Bed Facility with Wide Range of Services
  7. Topgolf Callaway Brands Corporation (NYSE: MODG) has a Market Capitalization of $2.43 Billion (Rated B+ by Standard & Poor’s)
  8. The Acadiana Region Containing Lafayette is the Largest Population and Economic Corridor between Houston and New Orleans
  9. Large Depreciation Benefits Due to Nature of the Improvements

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This property is listed in conjunction with Louisiana-licensed real estate broker Felicity Property Co.

Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Michael Yuras
Vice Chairman, YAFC Team
CA RE License #01823291
Jack Eglé
Felicity Property Co
LA REL Lic #995704008
Property Specs
Tenancy
Single Tenant
Multi Tenant
Building Size
33,032
SF
Lot Size
11.66
AC
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Michael Yuras
Vice Chairman, YAFC Team
CA RE License #01823291
Jack Eglé
Felicity Property Co
LA REL Lic #995704008