2308 Westwood Ave
Richmond, VA 23230

Newmark Knight Frank (NKF), as exclusive advisor, is pleased to offer for sale the fee simple interest in a state-of-the-art, single tenant Topgolf entertainment venue (Topgolf Richmond, the Property) located in Richmond, Virginia. The Property is located in Scott’s Addition, one of Richmond’s most desirable neighborhoods, with immediate access to the I-195, I-95 and I-64 freeways—providing access to nearly 1.3 million people. Home to numerous Fortune 500 companies, the Richmond market continues to thrive from both a business and demographic perspective, experiencing explosive population growth over the past decade. Slated for an October 2019 opening, the Property is subject to a brand-new, 20-year lease and will be the latest addition to the Topgolf portfolio of world-class golf and entertainment venues. Topgolf has arguably re-energized and brought new life to the once-stagnant sport of golf, with more than 51% of its visitors reporting that they had never played the sport before. In addition, Topgolf has positioned itself as a top venue for entertainment and large-scale events—further diversifying its stability in the market. The Property’s brand new construction, premier experiential tenancy and long-term lease structure combine to create a truly unique investment opportunity.