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21312170
21312171

5 Top Golf Wy, Little Rock, AR 72211

PS
CA 01474991
Marcus & Millichap - San Diego
AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$27,468,000
516 days on market
Updated 11 days ago

Topgolf

Details
Property Type Special Purpose
Sub Type Golf Course, Sports/Entertainment
Square Footage 23,073
Cap Rate 7%
NOI $1,922,754
Occupancy 100%
Tenancy Single
Brand/Tenant Top Golf
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Year Built 2023
Ground Lease No

Special Purpose | 7.00% CAP | 23,073 SqFt

Investment highlights

  • 20-Year Absolute NNN Lease with 7.5% Increases Every 5 Years

  • High-Performing Location, Profitable in First Year of Opening

  • Corporate Guaranty by Topgolf International Inc. (100+ Locations and +/- $1.79 Billion in Revenue)

  • Callaway Golf Co. Acquired Topgolf for $2 Billion in 2020

  • Average Unit-Level Sales of $17 Million and $6.8 Million in Estimated Earnings (EBITDA)

  • State-of-the-Art Design and Construction, 72 Outdoor Climate-Controlled Hitting Bays with Toptracer Technology

  • 765,000 MSA Population, Historical 15-Year Population Growth of 9.3%

  • 86% of Topgolf’s Customers are Under the Age of 45, 42%+ of Residents in Trade Area are Between 18-44

  • Anchor to Village at Club View, Little Rock’s Newest Mixed-Use Development on 45.5 Acres

  • Strong Average Household Incomes Exceed $102,000 within 1-Mile

  • Excellent Regional Access Off I-430 with 96,000 Cars/Day, Freeway VisibilityAdjacent to Heavily Trafficked Automotive Corridor on Colonel Glenn

  • Strong Daytime Population, More Than 114,000 Employees in Immediate Trade Area

  • Thriving Tourism, 50.7 Million Visitors to the State with $2.1 Billion in Spending in Pulaski County

  • 10 Hotels with 835 Rooms Planned, Proposed, or Under Construction within 7 Miles

  • Surrounded by Several K-12 Schools, Over 21,000 Students in Little Rock School District

  • Minutes to The University of Arkansas at Little Rock with 9,000 Students

Listing Contacts

PS
CA 01474991
Marcus & Millichap - San Diego
AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$1,922,754.00
$160,229.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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Last updated Apr 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Steve Greer
License
PB00098133
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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