780 Logan Ave N - Topgolf
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780 Logan Ave N - Topgolf
74,025 SF Sports & Entertainment Building Offered For Sale in Renton, WA 98057
Investment Highlights
- Puget Sound Trophy NNN Asset
- Dynamic, High Barrier-to-Entry Location
- Cost Segregation/Depreciation Opportunity
- High-Profile Publicly Traded Tenant
- Built-In Onsite Demand
- Insulated from Market Effects
Executive Summary
Northmarq is pleased to present the opportunity to acquire the Northwest’s preeminent Topgolf (“the Property”) located in the heart of Renton, Washington, just 20 minutes south of Seattle and Bellevue. The Property sits less than two minutes from Interstate 405, which provides access to all interstates and major arterials in this region. Topgolf benefits from other nearby attractions such as Boeing’s Renton manufacturing plant, the Seattle Seahawks headquarters, and The Renton Landing Shopping Center, one of the top-performing shopping centers in the State. The Property is leased to Topgolf, with an international corporate guaranteed 20-year lease with 10% increases every five years.
Property Facts
| Sale Type | Investment | Lot Size | 10.54 AC |
| Property Type | Sports & Entertainment | Building Size | 74,025 SF |
| Property Subtype | Golf Course/Driving Range | Number of Floors | 3 |
| Building Class | A | Year Built | 2022 |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | A |
| Lot Size | 10.54 AC |
| Building Size | 74,025 SF |
| Number of Floors | 3 |
| Year Built | 2022 |
Amenities
- Smoke Detector
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 088661-0010 | Improvements Assessment | £10,328,280 |
| Land Assessment | £17,740,491 | Total Assessment | £28,068,772 |
PROPERTY TAXES
Parcel Number
088661-0010
Land Assessment
£17,740,491
Improvements Assessment
£10,328,280
Total Assessment
£28,068,772
zoning
| Zoning Code | UC (Urban commercial) |
| UC (Urban commercial) |
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780 Logan Ave N - Topgolf
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