Listed by RealtyLink Greenville, SC — Headquarters
$59,324,333
Topgolf - Baltimore
Details
APN 21-09-0845-001
Property Type Special Purpose
Sub Type Sports/Entertainment
Square Footage 65,336
Net Rentable (SqFt) 68,000
Cap Rate 6.00%
NOI $3,559,460
Occupancy 100%
Tenancy Single
Brand/Tenant Topgolf
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 10/30/2042
Rent Bumps Yes
Lease Options Six (6), Five (5)-Year Options
Price per SqFt $872
Year Built 2022
Buildings 1
Stories 3
Acreage 7.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/27/2022
Ownership Fee Simple
1411 Warner St., Baltimore, MD 21230
Marketing description
Corporate Guaranteed Lease (S&P: B+) | 17+ Years of Term | Absolute NNN Lease | Rental Increases
Brand New 2022 Construction | Prominent Location Near Downtown Baltimore
Fee Simple Ownership | Zero Landlord Responsibilities
Unique and Industry-Leading Tenancy
Ease of Access to Interstate 95 & 395 | Downtown Baltimore | National Credit Tenants | BWI
Strong Demographics In 5-mile Trade Area | Huge Consumer Spending
Nearby 300,000 SF Baltimore Convention Center
Investment highlights
- Corporate Guaranteed Lease (S&P: B+) | 17+ Years of Term | Absolute NNN Lease | Rental Increases
- Brand New 2022 Construction | Prominent Location Near Downtown Baltimore
- Fee Simple Ownership | Zero Landlord Responsibilities
- Unique and Industry-Leading Tenancy
- Ease of Access to Interstate 95 & 395 | Downtown Baltimore | National Credit Tenants | BWI
- Strong Demographics In 5-mile Trade Area | Huge Consumer Spending
- Nearby 300,000 SF Baltimore Convention Center
Listing Contacts
Listed by RealtyLink Greenville, SC — Headquarters
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$3,559,460.00
$296,621.67/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
C-5-DC MixedMixed UseDowntown Core Subdistrict
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View all 100 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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