Retail Business for Sale in Little Rock, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Little Rock, AR 72211

Description

Marcus & Millichap is pleased to present the Top Golf in Little Rock, AR. Investment Highlights: • 20-Year Absolute NNN Lease with 7.5% Increases Every 5 Years • High-Performing Location, Profitable in First Year of Opening • Corporate Guaranty by Topgolf International Inc. (100+ Locations and +/- $1.79 Billion in Revenue) • Callaway Golf Co. Acquired Topgolf for $2 Billion in 2020 • Average Unit-Level Sales of $17 Million and $6.8 Million in Estimated Earnings (EBITDA) • State-of-the-Art Design and Construction, 72 Outdoor Climate-Controlled Hitting Bays with Toptracer Technology • 765,000 MSA Population, Historical 15-Year Population Growth of 9.3% • 86% of Topgolf's Customers are Under the Age of 45, 42%+ of Residents in Trade Area are Between 18-44

Market Context

This retail in Little Rock, AR is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Little Rock, AR — <a href="/search/sale/retail/arkansas/little-rock">view the full market</a>.

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