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New Construction Topgolf NNN Lease
For Sale
$47,495,000

220 Carillon Parkway St., Saint Petersburg, FL 33716

New construction Topgolf with rare 10% increases every 5 years.

Property Size67,521 SF
Days on Market144

Property Features for 220 Carillon Parkway St.

General Information

Standard status Active
Size 67,521 SF
Property subtype Special Purpose

Building Details

Building Size 67,521 SF
Year Built 2023
Listing Agency: Hanley Investment Group
Listed By: Joe Caccamo · License #CalDRE #01191110
Source: Cppcre
Added: Apr 1 Changed: Aug 21 Last Checked: Aug 22 at 4:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanley Investment Group

Investment Insights

Based on property information with market context.

This is a generational pride of ownership single-tenant net lease investment featuring a brand new construction Topgolf. The property is subject to a new 20-year absolute NNN lease with 10% increases every 5 years during the initial term and each of the four 5-year options. The facility includes 102 climate-controlled hitting bays, a full-service restaurant with an executive chef, bars, private event space, a rooftop terrace, and over 200 HDTVs throughout the facility showing a variety of sporting events. The property is located in St. Petersburg, Florida, which is an income tax free state.

Key Highlights

  • Brand new construction Topgolf absolute NNN lease investment.
  • Rare 10% rent increases every 5 years during the initial 20‑year term and option periods.
  • Single‑tenant net lease, generational pride of ownership.

Property Analytics

Current Use

Jeff Pratt, PGA ... Golf Instructor Topgolf Restaurant Topgolf Saint Petersburg Golf Course

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 33716, FL

18,023
Population
11,596
Households
1.6
Avg Household Size
35
Median Age
46%
College-Educated
95%
High-School Grad
7.2 sq mi
ZIP Area
2,503
Density / Sq Mi
$73,576
Median Household Income
$45,896
Median Earnings
$1,732
Median Rent
$163,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Golf course & driving range - New construction Topgolf with rare 10% increases every 5 years.
Where is this golf course & driving range located?
The property is located at 220 Carillon Parkway St. Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $47,495,000.
What are key features of this property?
This property features: Brand new construction Topgolf absolute NNN lease investment.; Rare 10% rent increases every 5 years during the initial 20‑year term and option periods.; Single‑tenant net lease, generational pride of ownership.
More about this property
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