---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034712"
form_type: "8-K"
ticker: "LUCK"
cik: "0001840572"
company_name: "Lucky Strike Entertainment Corp"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:08:05.172619+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bowlero completes $432.9M sale-leaseback of 38 bowling centers with VICI Properties

## Summary
- $432.9M transaction transfers land and real estate of 38 centers across 17 states to VICI Properties.
- Initial annual rent of $31.6M at 7.3% cap rate; triple-net lease for 25 years with six 5-year renewal options.
- Rent escalates at greater of 2% or CPI (capped at 2.5%); lease treated as long-term obligation with no EBITDA impact.
- Proceeds to accelerate new builds, acquisitions, shareholder returns, debt paydown, and general corporate purposes.
- Bowlero expects to utilize sale-leasebacks to drive growth at efficient cost of capital.

## SEC filing metadata
- accession: 0001628280-23-034712
- form_type: 8-K
- ticker: LUCK
- cik: 0001840572
- company_name: Lucky Strike Entertainment Corp
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840572/000162828023034712/0001628280-23-034712-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840572/000162828023034712/bowl-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034712
- JSON: https://secwatch.observer/filing/0001628280-23-034712.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034712.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.