Atlantic Capital Partners is pleased to exclusively offer
for sale the brand-new Urban Air Adventure Park located
in Brockton, MA. The property sits as an outparcel to the
Westgate Mall, one of Greater Boston’s most-visited shopping
centers with over 5.7 million annual visitors. Home to major
retailers Market Basket, Burlington, and Planet Fitness, the
Westgate Mall services the surrounding communities of
Brockton, Stoughton, and Avon, the suburban communities
located just 22 miles south of Boston.
Situated at 435 Westgate Drive, the 52,900 Square Foot
asset sits atop a 4.77 acre parcel positioned just off exit 33
on Route 24 (58,277 VPD). Urban Air Adventure Park signed
a 10-year lease in September 2022 and rent commenced in
February 2024. Urban Air is currently paying $740,600 with
12% rental increases every 5 years, including their two (2),
five (5) year options. The offering also includes the ability to
develop an outparcel (~0.70 Acres) that allows an investor to
realize an increased yield through either a spin off of this pad
site or through a programmatic leasing campaign.