Sale Leaseback of 38 Bowling Entertainment Centers with Bowlero Corp.
VICI'S ACQUIRED BOWLERO PORTFOLIO OVERVIEW
VICI Acquired a Diverse Portfolio of 38 Family Entertainment Centers with a Footprint Across 17 States
$31.6MM
Initial Annual Cash Rent
1.6MM
Square Feet
~47%
Adjusted Property-Level
EBITDAR Margin(1)
~$70MM
Operator Funded Capex
In Process (2)
Bowlero
Bowtero Bowlero
Bowlero San Antonio - San Antonio, TX
CA
Bowlero Portfolio
New Real Estate Ownership States for VICI
Current States for VICI
122
NE
KS
TX
Bowlero Commack - Commack, NY
MN
IA
WI
Refer to Bowlero's public filings for additional information with respect to Bowlero's non-GAAP financial measures.
(1) See page 12 for more information and reconciliations of this metric. (2) Reflects estimated in process and planned near-term refurbishments from Bowlero.
VICI
AL
OH
SC
FL
PA
VA
NY
MD
CT
NJ
ΜΑ
XOX
Bowlero Norwalk - Norwalk, CT
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