254 Bull Hill Ln
Orange, CT 06477
Urban Air Adventure Park · Retail Property For Sale

Marcus & Millichap is pleased to present Urban Air Trampoline Park in Orange, CT which is 6 miles south of Downtown New Haven, CT. Urban Air recently signed a 10- year, double-net (NN) lease with two percent annual rent increases. Urban Air offers active entertainment and special event experiences for families and organizations. The Texas based company has experienced strong growth since it was founded in 2011. The tenant currently has 45 locations nationwide and on track to more than double its footprint in 2018. Recreation and entertainment sector is one of the fastest growing industries in the country. Originally a former Builders Square, Urban Air is situated on an 8.0-acre parcel which spans over 82,000 square feet and features 100 plus car spaces. The tenant has spent over $7 million dollars for fit out costs showing commitment to the site. The space offers adventure parks and attractions including climbing walls, zip line coasters, indoor go karts, indoor sky diving, laser tag, and bumper cars. The subject property is prominently situated right off Boston Post Road in New Haven County with over 24,000 vehicles passing per day. It is situated next to a bevy of retailers including Kohl’s, LA Fitness, Burlington Coat Factory, amongst others. Orange Connecticut is a blue-collar submarket with an average household income $80,000 within a 5 mile radius, an ideal target market for Urban Air. Orange, CT is less than 6 miles away from Yale University and only 80 miles from New York City.