Absolute NNN | Sale-leaseback

Urban Air Adventure Park $7.25M | 6.89% | $269/SF

Review Financials

Urban Air Adventure Park

Address

351 American Way
Cranberry Township, PA 16066

New American Adventures LLC, a 5-unit operator, will sign a brand-new 15-year Absolute NNN lease with 8% increases every 5 years and two, 5-year renewal options. The Tenant has been in operation at this location for 8 years with current plans to invest $200,000–$400,000 in capital improvements and new attractions

This asset enjoys a premier location along the high-traffic Route 19 retail corridor, adjacent to The Streets of Cranberry and surrounded by national retailers such as Target, Dick’s Sporting Goods, Lowe’s, and Walmart. The area benefits from direct connectivity to Interstate 79 and the Pennsylvania Turnpike, reinforcing its regional draw.

Cranberry Township is the only Moody’s Aaa-rated municipality in Western Pennsylvania and stands as the region's most financially secure community for long-term investment. The townships exceptional financial stability, paired with 35,000 residents earning a median household income of $125,532, drives continued infrastructure investment and attracts both premier employers and affluent families. 

Directly adjacent to the subject property, the North Pointe of Cranberry mixed-use development spans 10 acres of retail pads—with multiple ground lease LOIs already in place—and an additional 6 acres reserved for residential development. This project joins other transformative developments such as Charter Homes’ Crescent and Meeder communities and the highly anticipated Wegmans Grocery Store opening at Cranberry Springs

Area Map

Team

Brokerage Team

Jesse Cortez

Jesse Cortez

Investment Sales & Leasing
The Colony Agency
PA - RS354891
Cell: (412) 848-2016 Office: (724) 277-5707 Jcortez@thecolonyagency.com

Interested? Contact us:

Phone
(724) 277-5707
Address

714 Mills Drive - Suite 7,

North Huntington, PA 15642