777 Dedham St - TopGolf
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777 Dedham St - TopGolf
60,781 SF Sports & Entertainment Building Offered For Sale in Canton, MA 02021
Investment Highlights
- Rare Boston Investment Opportunity
- Odeal Location Proximate to a High Concentration of Topgolf's Target Users
- Located in the Wealthiest County in the State and Within the Boston CSA, the 6th Most Populous in the Country
- ~925,000 People in 10 Miles
Executive Summary
Marcus & Millichap is pleased to present a new absolute net Topgolf investment offering in suburban Boston. This location is the first and only in the state of Massachusetts. The property includes a 60,781 square foot three-story building with 90+ climate controlled hitting bays and a driving range on over 12 acres. This location is well situated on I-95 with high accessibility, exceptional household income and proximity to many corporate headquarters and offices, driving corporate event usage.
Topgolf recently commenced their 20 year lease with six, five year renewal options. The NOI is expected to be $4,082,925 in year one growing by 10 percent every five years of the initial term and option terms. The lease has a full corporate guaranty with Topgolf International, Inc., the leader in this popular and growing experiential/entertainment sector.
Please contact exclusive listing agent for pricing guidance and to coordinate tours.
Topgolf recently commenced their 20 year lease with six, five year renewal options. The NOI is expected to be $4,082,925 in year one growing by 10 percent every five years of the initial term and option terms. The lease has a full corporate guaranty with Topgolf International, Inc., the leader in this popular and growing experiential/entertainment sector.
Please contact exclusive listing agent for pricing guidance and to coordinate tours.
Property Facts
Sale Type | Investment | Building Size | 60,781 SF |
Property Type | Sports & Entertainment | Number of Floors | 3 |
Property Subtype | Golf Course/Driving Range | Year Built | 2023 |
Building Class | C | Parking Ratio | 6.99/1,000 SF |
Lot Size | 12.19 AC |
Sale Type | Investment |
Property Type | Sports & Entertainment |
Property Subtype | Golf Course/Driving Range |
Building Class | C |
Lot Size | 12.19 AC |
Building Size | 60,781 SF |
Number of Floors | 3 |
Year Built | 2023 |
Parking Ratio | 6.99/1,000 SF |
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PROPERTY TAXES
Parcel Number | CANT-000033-000000-000004 | Improvements Assessment | £24,068,710 |
Land Assessment | £5,028,259 | Total Assessment | £29,096,969 |
PROPERTY TAXES
Parcel Number
CANT-000033-000000-000004
Land Assessment
£5,028,259
Improvements Assessment
£24,068,710
Total Assessment
£29,096,969
zoning
Zoning Code | I |
I |
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777 Dedham St - TopGolf
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