Venu Sells Land Under 20,000-Seat Sunset Amphitheater to Store Capital in $60MM McKinney Sale-Leaseback

Venu Holding Corp. has sold the 46 acres beneath its 20,000-seat Sunset Amphitheater and parking garage in McKinney to net-lease investor Store Capital for $60 million and leased the site back, using the cash to retire bridge debt and finish a project whose budget has climbed to roughly $330 million ahead of a first-quarter 2027 opening.