Topgolf - Greensboro

Highlights

• CAN’T MISS LOCATION: Maximized exposure with high visibility and convenient accessibility from multiple commercial corridors
• COMPLIMENTARY CO-TENANTS: High traffic generating co-tenants including Main Event, Circle K and StudioRes by Marriott with pending deals with additional national retailers
• DENSE COMMERCIAL AREA: 8+ million SF of retail over 95% leased and 35+ million SF of office/industrial over 93.5% leased in the immediate trade area (Costar)?
• DENSE RESIDENTIAL BASE: 1,680+ apartment units over 91% leased in the immediate vicinity of the venue (Costar)
• DENSELY POPULATED: 148,300+ residents in a 5-mile radius and 283,800+ in a 15-minute drive time (Esri)
• HIGH TRAFFIC COUNTS: 18,000+ VPD on Guilford College Rd and 113,000+ VPD on I-40
• INTERNATIONAL AIRPORT: The Piedmont Triad Airport, with 30,000+ employees and nearly 2 million annual passengers, is 10 minutes away and has a $9 billion impact on the local economy
• LONG TERM NET LEASE: 20-Year absolute NNN lease with several 5-year renewal options
• NEW CONSTRUCTION: 2024 world class construction by Topgolf’s exclusive and award-winning design-build contractor, ARCO/Murray
• POPULAR VENUE: 602K+ visits since opening mid-September ranking the venue in the top 35 chainwide (Placer.ai)
• RENTAL INCREASES: 10% rent bumps every 5 years including each option period
• STRONG GUARANTOR: Extremely rare and valuable Topgolf International, Inc. guaranty?for entire lease term
• STRONG SUPPORTING INCOMES: $102,400+ average HH income and $71,800+ median HH income within a 5-mile radius (Esri)?

Location

Getting Around

• Walk Score ®

  10/100 Car-Dependent

• Bike Score ®

  27/100 Somewhat Bikeable

Points of Interest