351 American Way, Cranberry Twp, PA 16066

Property Description

LOW-MAINTENANCE NNN LEASE INVESTMENT OPPORTUNITY! Prominently positioned in Cranberry Township with high visibility from Interstate 79, this exceptional commercial investment property offers approximately 27,000 square feet of expansive, high-bay space on a reportedly 4.4-acre parcel. Currently occupied by Urban Air Adventure Park, the property benefits from an established triple-net (NNN) lease expiring December 31, 2029, generating $480,000 in annual base rental income with two 10 year renewal periods. The tenant additionally reimburses approximately $6.00 per square foot annually for real estate taxes and insurance, representing approximately $162,000 in estimated annual reimbursements. Under the existing lease, the tenant is responsible for building maintenance, HVAC, roof repairs, structural maintenance, taxes, and insurance, providing an attractive, low-maintenance ownership structure. The building features impressive commercial construction with exposed structural steel framing, expansive open interior areas, substantial vertical clearance, and an interior ceiling height previously reported at approximately 34 feet 9 inches. The high-bay design accommodates the property's extensive recreational improvements, including elevated activity structures, platforms, and observation areas. Durable concrete flooring extends throughout much of the facility, complemented by exposed overhead structural components, commercial lighting, and mechanical distribution systems. The thoughtfully designed interior incorporates multiple recreational zones, spacious customer circulation areas, and dedicated second-floor event accommodations. Party Rooms 3, 4, and 5 feature individual temperature controls, integrated audio systems, and interior windows overlooking the main activity areas. An operable garage-style partition between two party rooms allows the spaces to be combined for larger gatherings. Additional improvements include an elevated observation loft with exterior-facing windows and a separate employee area. Extensive commercial infrastructure supports the existing operation, including electrical distribution panels, commercial HVAC, fire sprinkler and alarm systems, plumbing and backflow prevention equipment, a 100-gallon commercial water heater, security surveillance infrastructure, and communications systems. The facility also features multiple commercial restrooms, customer lockers, drinking fountains, and dedicated concession and food-preparation areas with commercial fixtures and equipment. Equipment ownership and inclusions are subject to verification. The site provides approximately 105 parking spaces, including six designated accessible spaces, supporting the building's previously reported maximum occupancy of 440 persons. Convenient access to Route 19, Interstate 79, and the Pennsylvania Turnpike places the property within one of the Greater Pittsburgh region's most desirable commercial corridors. An outstanding opportunity to acquire a substantial income-producing commercial asset combining an established tenant, favorable NNN lease structure, significant building improvements, high highway visibility, and long-term real estate potential. Property specifications, acreage, occupancy, equipment inclusions, and lease documentation are subject to verification.