220 N Carillon Pky - Topgolf St. Petersburg
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220 N Carillon Pky - Topgolf St. Petersburg
67,521 SF Sports & Entertainment Building Offered at $52,770,000 in Saint Petersburg, FL 33716
Investment Highlights
- New Construction Corporate Topgolf Absolute NNN Lease | Includes land and building for depreciation benefits
- Industry-Dominant Tenant: Topgolf estimates 2023 revenue will be $1.9 billion, with a 30% average annual growth since 2017
- Irreplaceable Location Within The Gateway Area and Carillon Office Park
- 10% increases every 5 years Industry-Dominant Tenant | 10% increases every 5 years during the initial term and each of the four 5-year options
- Adjacent to New Echelon City Center Mixed-Use Development: includes 172,000+ SF of retail, 500,000+ SF of office, 120-room hotel
- The Tampa - St. Petersburg Market was Ranked the #1 Emerging Tech Hub in the US by Forbes: 37,000 people within a 5-mile radius and an AHHI over $108k
Executive Summary
Generational Pride of Ownership Single-Tenant Net Leased Investment Brand New Construction | Rare 10% Increases Every 5 Years
Property Facts
Price | $52,770,000 | Building Class | A |
Price Per SF | $782 | Lot Size | 12.09 AC |
Sale Type | Investment | Building Size | 67,521 SF |
Property Type | Sports & Entertainment | No. Stories | 3 |
Property Subtype | Golf Course/Driving Range | Year Built | 2023 |
Price | $52,770,000 |
Price Per SF | $782 |
Sale Type | Investment |
Property Type | Sports & Entertainment |
Property Subtype | Golf Course/Driving Range |
Building Class | A |
Lot Size | 12.09 AC |
Building Size | 67,521 SF |
No. Stories | 3 |
Year Built | 2023 |
Amenities
- Air Conditioning
PROPERTY TAXES
Parcel Number | 12-30-16-13463-005-0030 | Improvements Assessment | $0 |
Land Assessment | $8,504,364 | Total Assessment | $8,504,364 |
PROPERTY TAXES
Parcel Number
12-30-16-13463-005-0030
Land Assessment
$8,504,364
Improvements Assessment
$0
Total Assessment
$8,504,364
zoning
Zoning Code | REC |
REC |
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220 N Carillon Pky - Topgolf St. Petersburg
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