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11400 Outlet Dr - Topgolf

46,678 SF Sports & Entertainment Building Offered at $35,500,000 at a 6.03% Cap Rate in Knoxville, TN 37932

Golf Courses & Driving Ranges Tennessee Knoxville 11400 Outlet Dr, Knoxville, TN 37932

Executive Summary

Constructed in 2022… Prime investment asset located in the center of Knoxville TN. Triple net lease guaranteed by Callaway Golf with 18 years remaining and 10% increases every 5 years. Hospitality and retail development surrounding the property. Located just off I-40 at the intersection of highway 140. Call for details….Motivated Seller !

Property Facts

Price $35,500,000 Building Class B
Price Per SF $761 Lot Size 13.63 AC
Sale Type Investment Building Size 46,678 SF
Cap Rate 6.03% No. Stories 2
Property Type Sports & Entertainment Year Built 2022
Property Subtype Golf Course/Driving Range Parking Ratio 7.67/1,000 SF
Price $35,500,000
Price Per SF $761
Sale Type Investment
Cap Rate 6.03%
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class B
Lot Size 13.63 AC
Building Size 46,678 SF
No. Stories 2
Year Built 2022
Parking Ratio 7.67/1,000 SF
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 131-02305
  • 130-15406
 Improvements Assessment $0
Land Assessment $0 Total Assessment $10,829,360

PROPERTY TAXES

Parcel Numbers
Multiple
  • 131-02305
  • 130-15406
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$10,829,360

zoning

Zoning Code C2 (Central Business District)
C2 (Central Business District)
(540) 450-0142

  • Listing ID: 33301875

  • Date on Market: 9/25/2024

  • Last Updated:

  • Address: 11400 Outlet Dr, Knoxville, TN 37932

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11400 Outlet Dr - Topgolf
(540) 450-0142 x

11400 Outlet Dr - Topgolf

Meridee Powars

(540) 450-0142

(540) 450-0142

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