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Topgolf’s Fort Myers property sold for $38 million

The entertainment complex's long lease made it an attractive option for the new-to-Florida buyer.


  • By Louis Llovio
  • | 6:30 p.m. September 28, 2023
  • | 0 Free Articles Remaining!
The Fort Myers property Topgolf sits on has been sold for $38 million.
The Fort Myers property Topgolf sits on has been sold for $38 million.
Courtesy photo
  • Charlotte–Lee–Collier
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A 14-acre parcel of land directly off of Interstate 75 in Fort Myers has sold for $38 million, just shy of $6 million more than what it sold for 18 months ago.

Win Chevrolet Properties, which recently relocated to the state from California, is the buyer. The previous owner, Sideways Properties, paid $32.3 million for the property in March 2022.

The property’s current tenant, Dallas-based Topgolf, operates a 48,000-square-foot retail and entertainment complex on the site and has 18 years remaining on its lease.

 


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author

Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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