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11400 Outlet Dr - Topgolf

46,678 SF Sports & Entertainment Building Offered at £28,045,354 at a 6.03% Net Initial Yield in 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 £28,045,354
Price Per SF £601
Sale Type Investment
Net Initial Yield 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
Number of Floors 2
Year Built 2022
Parking Ratio 7.67/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 131-02305
  • 130-15406
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£8,555,302

zoning

Zoning Code C2 (Central Business District)
C2 (Central Business District)
  • Listing ID: 33301875

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 11400 Outlet Dr, Knoxville, TN 37932

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