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301 Meadow Farm DrLafayette, LA 70508
Topgolf
Asset ClassRetail, Special Purpose
20 Year Absolute NNN Lease | 7.15% CAP Rate
overview of deal

Overview

  • New 20-Year Corporate Absolute Net Lease Guaranteed by Topgolf International Inc.
  • Scheduled 10% Rental Escalations During Primary Term & Options
  • Six, 5-Year Renewal Options & Zero Landlord Obligations
  • Brand New 2023 Construction with State-of-the-Art Features
  • Two Floors, 60 All-Weather Bays, 22-Foot Video Wall & 100+ HDTVS with a Bar & Restaurant and Private Event Space
  • Long-Term Covered Land Play Located at Lafayette’s ‘Main-at-Main’ Intersection in the Premier Regional Shopping Destination
  • Average Household Income of $105,447 within a 10-Mile Radius
  • 6 Mils from University of Louisiana at Lafayette with 16,000+ Students
  • The Acadiana Region Containing Lafayette is the Largest Population and Economic Corridor between Houston and New Orleans
  • Large Depreciation Benefits Due to Nature of the Improvements

This property is listed in conjunction with Louisiana-licensed real estate broker Felicity Property Co.

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301 Meadow Farm DrLafayette, LA 70508

CONTACT

Putnam DailyManaging Partner

License #: CA 01750064

(510) 289-1166putnam@fisherjamescapital.com
Michael YurasVice Chairman, YAFC Team

License #: CA 01823291

(512) 677-8810michael.yuras@cushwake.com
Jack EgléPartner & Managing Director

License #: LA 995704008

(504) 586-8305jack@felicitypropertyco.com
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Listing provided by Revere CRE