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- LoopNet Team
170 Bass Pro Blvd
Denham Springs, LA 70726
Urban Air Adventure Park · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year lease term with a built-in 7% rental increase in Year 5 of the base term.
- Surrounding tenants include Sam’s Club and Bass Pro Shops, both known for driving heavy traffic to their stores.
- Urban Air is strategically located in an attractive retail corridor just off Interstate 12, which has traffic counts of +/- 84,000 VPD.
- Experiential nature of Urban Air, means this investment is well-sheltered from the negative effects of e-commerce.
PROPERTY FACTS
ABOUT 170 BASS PRO BLVD , DENHAM SPRINGS, LA 70726
OPEN AND OPERATING This site has been open since June 2020 (during pandemic) and is at full allowable capacity. BRAND NEW CONSTRUCTION WITH 10-YEAR LEASE This investment features a new 10-year lease term with a built-in 7% rental increase in Year 5 of the base term. Additionally, there are rental escalations in the option periods. Rent increases provide an increasing return over the life of the investment. INDUSTRY-LEADING TENANT Urban Air is the leader in family entertainment with +/- 23 million guests each year and +/- 300 locations in the U. S. and abroad. Also, Urban Air was ranked the #1 Trampoline Park franchise by Entrepreneur Magazine in 2019 and was ranked #97 on the 2019 Franchise 500 list. ~28 SCHOOLS IN 10-MILE RADIUS There are approximately 22 elementary and middle schools and 6 high schools within a 10-mile radius of the subject property. The combined total enrollment for these schools is +/- 15,000 students. This provides a built-in customer base for this Urban Air location. SIGNIFICANT TENANT INVESTMENT The all-in initial investment to open an Urban Air location is +/- $2,500,000. This level of investment portrays the franchisee’s overall confidence in the Urban Air brand and commitment to this location. SUCCESSFUL MULTI-UNIT OPERATOR Denham Springs UA, LLC now operates 4 Urban Air Adventure Park locations with +/- $10M invested in the Urban Air franchise. The other units are in Forth Worth, TX; Naperville, IL; and Newnan, GA. More information regarding the franchisee credit can be learned by contacting B+E. ABOVE AVERAGE HOUSEHOLD INCOME The population within a 10-mile radius of the subject property has an average household income of $64,279. The Baton Rouge average is $51,436 according to the U.S. Census Bureau. This Urban Air is positioned in a prime area to reach its target demographic. In Association with Will Adams 0000074158.A-ASA
PROPERTY TAXES
| Parcel Number | 0099507A | Improvements Assessment | $523,600 |
| Land Assessment | $30,500 | Total Assessment | $554,100 |
PROPERTY TAXES
