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Description

This premier Topgolf property represents a trophy investment opportunity in Scottsdale, Arizona—home to the #1 Topgolf location in the state and one of the top-performing venues nationwide. Supported by Topgolf Callaway Brands Corp. (NYSE: MODG), a global leader in sports entertainment, Topgolf welcomes over 23 million guests annually and reported approximately $4.24 billion in net revenues in 2024. The surrounding area further enhances the property’s value, featuring an affluent demographic with average household incomes of $158,729 within a five-mile radius. Strategically positioned across from Salt River Fields—the Spring Training home of the Arizona Diamondbacks and Colorado Rockies, which attracts over 500,000 annual attendees—and adjacent to The Pavilions at Talking Stick, a thriving 1.3 million-square-foot retail hub with national credit tenants, this site sits at the heart of Scottsdale’s premier entertainment, shopping, and leisure corridor. It also benefits from close proximity to major attractions such as the Arizona Boardwalk, OdySea Aquarium, and Talking Stick Resort & Casino, one of the largest entertainment venues in the state. This rare investment opportunity offers exceptional visibility, strong surrounding demand drivers, and long-term stability from a globally recognized tenant. Priced well below replacement cost and land value, this asset represents a compelling opportunity to own one of the most dynamic and sought-after experiential real estate properties in the country.

Listing Details

  • Cap Rate

    7.25%

  • Tenancy

    Single

  • Space Type

    sports-entertainment

  • Sub Category

    golf-course

  • Date Listed

    10/7/2025

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Net Lease

  • Net Operating Income

    $433,934

  • Ground Lease

    Yes

Property Specifics

  • Property Name

    9500 E Talking Stick Wy

  • Year Built

    2014

  • Building Size

    65,000 SF

  • Lot Size

    16.52 AC

  • Occupancy

    100%

Property Amenities

Unit Amenities

Air Conditioning
Natural Light
Onsite Parking

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation

Site Amenities

Lobby or lounge
Property Manager on Site
Restrooms