Want to own your own Topgolf? You can — for about $28-million.
The Topgolf at Eagle View Landing in Meridian is listed for sale for $27,520,000, according to a listing on commercial real estate site Loopnet.
No, the high-profile golf entertainment venue that opened in late 2022 isn’t closing or going anywhere — but the land and building Topgolf leases are available for sale.
The listing flier notes that Topgolf has a lease on the property that lasts for the next 19 years or so, but an investor can snap up the property and cash the rent checks each month from the Dallas-based golf company. The flier even touts that Topgolf’s rent goes up 10% every five years.
The listing says the site was projected to receive more than 125,000 visitors each month – more than 1.5 million per year.
The property is currently owned by BVABC Eagle View Entertainment according to Ada County Assessor records. That LLC is controlled by BVA Development and BV Management services – entities tied to Idaho Falls-based Ball Ventures and Meridian-based Ball Ventures Ahlquist.
BVA developed the Eagle View Landing site out of the former Farmstead property and several other adjacent pieces of land in the early part of the decade. Other portions of the Eagle View project owned by BVABC are not publicly listed for sale.
The listing from the Hanley Investment Group touts the site as a “Generational pride of ownership single-tenant net leased investment.” Hanley, based in Newport Beach, California specializes in selling retail and specialty properties. The Meridian site is one of two current Topgolf locations Hanley has available, including a location in St. Petersburg, Florida.
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