Topgolf
New 2025 Construction | 20-Yr Corporate Absolute Net Lease Guaranteed by Topgolf International, Inc.
Marketing description
20-year corporate absolute net lease guaranteed by Topgolf International, Inc., featuring brand-new construction with state-of-the-art amenities. Leonard Green Partners, a leading global private equity firm experienced in scaling high-growth consumer and experiential brands, acquired a majority stake in Topgolf in January 2026. The property is situated within a high-traffic retail hub at the intersection of I-90 and SR-83, adjacent to a strong lineup of national retailers and supported by both daytime and residential demand driven by nearby employment and retail centers. This offering is a premier opportunity to acquire a long-term, newly-constructed asset in a dynamic and highly trafficked market.
In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946
Investment highlights
20-Year Corporate Absolute Net Lease Guaranteed by Topgolf International, Inc.: Scheduled 10% rent increases, six 5-year options, and zero landlord obligations
Brand New 2025 Construction with State-of-the-Art Features: Including bar, restaurant, and event space
Topgolf Callaway Brands Completed the Sale of a Majority Stake in Its Topgolf Business to Leonard Green Partners: Transaction valued Topgolf at approximately $1.1 Billion, reinforcing strong institutional confidence in the brand
High Traffic Retail Hub at the Intersection of I-90 & SR-83 (106,392 Combined ADT): Adjacent to Walmart Supercenter, Menards, Lowe's, ALDI, JCPenney, Hobby Lobby, and more
One of Greater Cleveland's Most Affluent and Fastest-Growing Suburbs: Supported by strong daytime and residential demand driven by robust retail and employment centers and surrounding high-income neighborhoods
Large Depreciation Benefits Due to Nature of the Improvements
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