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777 Dedham St - TopGolf

60,781 SF Sports & Entertainment Building Offered For Sale in Canton, MA 02021

Investment Highlights

  • Rare Boston Investment Opportunity
  • Odeal Location Proximate to a High Concentration of Topgolf's Target Users
  • Located in the Wealthiest County in the State and Within the Boston CSA, the 6th Most Populous in the Country
  • ~925,000 People in 10 Miles

Executive Summary

Marcus & Millichap is pleased to present a new absolute net Topgolf investment offering in suburban Boston. This location is the first and only in the state of Massachusetts. The property includes a 60,781 square foot three-story building with 90+ climate controlled hitting bays and a driving range on over 12 acres. This location is well situated on I-95 with high accessibility, exceptional household income and proximity to many corporate headquarters and offices, driving corporate event usage.
Topgolf recently commenced their 20 year lease with six, five year renewal options. The NOI is expected to be $4,082,925 in year one growing by 10 percent every five years of the initial term and option terms. The lease has a full corporate guaranty with Topgolf International, Inc., the leader in this popular and growing experiential/entertainment sector.
Please contact exclusive listing agent for pricing guidance and to coordinate tours.

Property Facts

Sale Type Investment
Property Type Sports & Entertainment
Property Subtype Golf Course/Driving Range
Building Class C
Lot Size 12.19 AC
Building Size 60,781 SF
No. Stories 3
Year Built 2023
Parking Ratio 6.99/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CANT-000033-000000-000004
Land Assessment
$9,037,948 CAD
Improvements Assessment
$43,261,847 CAD
Total Assessment
$52,299,796 CAD

zoning

Zoning Code I
I
  • Listing ID: 32618902

  • Date on Market: 2024-07-29

  • Last Updated:

  • Address: 777 Dedham St, Canton, MA 02021

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