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23888744
23888745

780 Logan Ave N, Renton, WA 98057

JC
CA CA 01191110
CP Partners
JL
CA 01942025, NE 20191334
Hanley Investment Group
Listed by CP Partners, Hanley Investment Group
$73,400,000
375 days on market
Updated 83 days ago

Topgolf

Details
Property Type Special Purpose
Sub Type Sports/Entertainment
Square Footage 25,702
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Year Built 2022
Acreage 10.540

Premier Single-Tenant Net Leased Investment

Marketing description

A premier single-tenant net leased Topgolf located at the core of the Seattle-Tacoma-Bellevue MSA (4.15M population). Adjacent to Boeing Renton Factory (~10,000 employees) and The Landing Shopping Center, the #1 ranked power center in Washington. Surrounded by Class A offices, manufacturing factories, apartment communities, residential neighborhoods, shopping centers and hotels. Easy access to Downtown Seattle (11 miles) and Seattle-Tacoma International Airport (8 miles).

Investment highlights

  • In a main manufacturing, business and retail area off Interstate 405 (167,980 VPD) and Logan Avenue (20,757 VPD)

  • Adjacent to The Landing, the #1 power center in Washington State, featuring Target, Ross, Marshall’s, PetSmart and Staples

  • Prominent manufacturers in immediate proximity include Boeing, Kenworth Truck Company, Paccar, FasterShape, Acorn Custom Cabinetry and AMI Aerospace

  • Topgolf typically draws from a 15-mile radius, which includes 1.8M residents

  • Topgolf Renton ranks in the top 88% of all Topgolf locations for visits over the previous 12 months, per Placer.ai

  • With over 752K visits Topgolf Renton is one of the most visited retail/ entertainment properties in Renton over the previous 12 months

  • Visitors to the property come from throughout the geographically large Seattle-Tacoma-Bellevue metro area, with a high concentration coming from Seattle and Tacoma

  • The Seattle Metro boasts a strong business presence with multiple Fortune 500 companies including Microsoft, Starbucks, Costco and Amazon headquartered in the region

Listing Contacts

JC
CA CA 01191110
CP Partners
JL
CA 01942025, NE 20191334
Hanley Investment Group
Listed by CP Partners, Hanley Investment Group

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Additional Information

Name
Scott Reid
License
WA LIC #25947
Brokerage
ParaSell, Inc.
Brokerage Phone
949.942.6585
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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