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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
12386656

2140 Byberry Rd, Philadelphia, PA 19116

MB
CA 01977909
Newmark | Orange County - Irvine
SK
CA 02002301
Newmark | Orange County - Irvine
JA
CA 02038417
Newmark - Roseville
Newmark | Orange County - Irvine
Listed by Newmark | Orange County - Irvine, Newmark - Roseville
$52,033,000
1036 days on market
Updated 66 days ago

Topgolf - Philadelphia, PA

Details
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 68,000
Cap Rate 7%
NOI $3,642,327
Occupancy 100%
Tenancy Single
Brand/Tenant Topgolf
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 05/31/2042
Remaining Term 15.9
Rent Bumps Yes
Lease Options 4 (5-Year)
Class A
Year Built 2022
Year Renovated 2022
Buildings 1
Stories 3
Acreage 16.400
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/20/2022
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)
Sale Condition For sale by owner

New 2022 Construction | Topgolf - Philadelphia, PA

Investment highlights

  • Brand New 2022 Construction in Incredibly High Barrier to Entry Location | Northeast Philadelphia Location - Halfway between Trenton and Philadelphia | Approximately 500 Employees at the Property

  • Long-Term Commitment | 20 Year Absolute NNN | Zero Landlord Responsibilities | 10% Rental Increases every 5 years | Four (4) Five (5) Year Renewal Options

  • State-of-the-Art Design and Construction | Topgolf Invested $29,123,383 in Improvements | Signature Three-Level Venue & 100+ All-Weather Hitting Bays

  • Unique and Industry-Leading Tenancy

  • Irreplaceable Hwy 1/Hwy 63 Intersection Location in Northeast Philadelphia | 1 Mile from Northeast Philadelphia Airport | Dynamic Trade Area

  • Affluent Demographics | Ideal Target Customer Base | Dense Daytime Working Population | Synergistic New Development

Listing Contacts

MB
CA 01977909
Newmark | Orange County - Irvine
SK
CA 02002301
Newmark | Orange County - Irvine
JA
CA 02038417
Newmark - Roseville
Newmark | Orange County - Irvine
Listed by Newmark | Orange County - Irvine, Newmark - Roseville

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$3,642,327.00
$303,527.25/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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I1 IndustrialLight IndustrialLight Industrial
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Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Bert Sanders
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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