1250 Satchel Paige Drive Mobile, AL 36606

Building Details

Year Built

2023

Listing Agency SRS Real Estate Partners | Detroit m***@srsre.com Show Phone

Listed by Matthew Mousavi · License #6501369793 Show Phone

Source Srsre

Added: Apr 8 Checked: Jul 19 at 1:41 am

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Investment Insights

Based on property information with market context.

This is an opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, Topgolf investment property located in Mobile, Alabama. The tenant, Topgolf USA, LLC, has approximately 17 years remaining on its 20-year lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment for a passive investor. Founded in 2000, Topgolf now has over 100 locations around the world. In late 2025, private equity firm Leonard Green & Partners agreed to acquire a 60% majority stake in Topgolf and its Toptracer technology business, valuing the company at about $1.1 billion and positioning Leonard Green to lead the brand’s next growth chapter while Callaway Golf Company retains a 40% interest.

Key Highlights

• Absolute NNN lease offers a completely management‑free investment.
• Corporate‑signed lease by Topgolf USA, LLC, a globally recognized brand.
• Approximately 17 years remaining on the initial lease term with multiple options to extend, ensuring long‑term income.

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FAQs

What type of property is this?

NNN property - NNN leased fee Topgolf investment property in Mobile, Alabama.

Where is this nnn property located?

The property is located at 1250 Satchel Paige Drive Mobile, AL.

What is the asking price?

The asking price for this property is $32,172,000.

What are key features of this property?

This property features: Absolute NNN lease offers a completely management‑free investment.; Corporate‑signed lease by Topgolf USA, LLC, a globally recognized brand.; Approximately 17 years remaining on the initial lease term with multiple options to extend, ensuring long‑term income.