2140 Byberry Rd Philadelphia, PA 19116
Property profile & analytics
2140 Byberry Rd Philadelphia, PA 19116
- Golf courses & driving ranges
- 68,850 SF
- 16.42 lot acres
Property ID
US73-5465214
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Topgolf / Restaurant
- Topgolf Philadelphia / Restaurant
- Mancuso Associates / Tax Preparation
Property Details for 2140 Byberry Rd
- Year built
- 2022
- Lot size
- 16.42 lot acres
- Property size
- 68,850 SF
- Zone code
- I1
- Property type
- Golf courses & driving ranges
- APN
- 88-2-9663-32
- APU
- 882966332
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, three-story, 68,000 square-foot Topgolf entertainment complex in Philadelphia, PA. Built in 2022, this Class A property boasts a 20-year absolute triple-net lease with a corporate guarantee from Topgolf, offering significant long-term stability and minimal landlord responsibilities. The lease commenced May 20, 2022, and includes four five-year renewal options, extending the lease to May 31, 2042. The property sits on a 16.4-acre lot at a prime location, featuring 100+ all-weather hitting bays and a state-of-the-art design. With a current NOI of $3,642,327 and a 6.50% cap rate, this offering presents a compelling return on investment. The property benefits from a strong, affluent demographic and a dense daytime working population, ensuring consistent high occupancy. Topgolf invested $29,123,383 in improvements. The asking price is $56,036,000. The property is currently 100% occupied. Rent increases of 10% are built into the lease every five years. This is a single-tenant property with approximately 500 employees. The address is 2140 Byberry Rd, Philadelphia, PA 19116.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $635,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.0027
- Latitude
- 40.107
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$162,769
$0.00
$0.00
$0.00
-
$0.00
$0.00
$44,858,000
