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220 N Carillon Pky
Saint Petersburg, FL 33716 Carillon

$47,495,000 USD

Golf Course Driving Range For Sale  •  67,000 SF

Property Details

• Property Type Golf Course Driving Range
• Total Building Size 67,521 SF
• Lot Size 12.09 AC
• Building Class A
• Year Built 2023
• Cap Rate 7.00 %
• Zoning REC

32 Transit Score

38 Walk Score

Highlights

New Construction Corporate Topgolf Absolute NNN Lease | Includes land and building for depreciation benefits

10% increases every 5 years Industry-Dominant Tenant | 10% increases every 5 years during the initial term and each of the four 5-year options

Industry-Dominant Tenant: Topgolf estimates 2023 revenue will be $1.9 billion, with a 30% average annual growth since 2017

Adjacent to New Echelon City Center Mixed-Use Development: includes 172,000+ SF of retail, 500,000+ SF of office, 120-room hotel

Irreplaceable Location Within The Gateway Area and Carillon Office Park

The Tampa - St. Petersburg Market was Ranked the #1 Emerging Tech Hub in the US by Forbes: 37,000 people within a 5-mile radius and an AHHI over $108k

Cap Rate:

7.00 %

Amenities

• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
St Pete-Clearwater International	13 min	-	4.0 mi
Tampa International	22 min	-	13.3 mi