Topgolf | New 20-Year Abs NNN Lease
New Long Term Absolute Net Lease Topgolf In Highly Trafficked Corridor
Marketing description
The subject property is approximately 6.5 miles south of downtown Lafayette with excellent access and visibility along Lafayette’s primary retail corridor. The site benefits from robust demographics with a total daytime population of approximately 343,000 within 15 miles and an average household income of $90,347 within a 10-mile radius.
The property benefits from a prominent retail location in close proximity to shopping centers, major retail tenants, schools, and employers. Nearby retail centers include Ambassador Town Center (5.8 million visits per year, per Placer.ai), featuring Costco, Dick’s Sporting Goods, Field & Stream, Marshalls, HomeGoods, Nordstrom Rack, PetSmart, Sonic, BJ’s Restaurant & Brewhouse, Chick-fil-A and more; Crossroads South shopping center, anchored by Albertsons and Kohl’s with Petco, DSW, Starbucks, and Five Guys; and River Marketplace, which includes Target, Ross, Total Wine, Books-A-Million, Buffalo Wild Wings, Raising Cane’s, and more. Other notable nearby tenants include The Grand Theatre 14-screen movie theater, ALDI, Academy Sports, At Home, Whole Foods and Dave & Buster’s.
This property is listed in conjunction with Louisiana-licensed real estate broker Felicity Property Co.
Investment highlights
- Long-Term Corporate Lease Guaranteed by Topgolf International Inc.
- Absolute Net Lease - Zero Landlord Obligations
- Brand New 2023 Construction with State-of-the-Art Features
- Located at Lafayette’s ‘Main-at-Main’ Intersection in the Premier Regional Shopping Destination - Ambassador Town Center Anchored by Costco & Dick’s Sporting Goods/Field & StreamLarge Depreciation Benefits Due to Nature of the Improvements
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