Movie Theater
Regal (New Lease)
120 S Bridge St, Visalia, CA 93291
Listing Price: $4,900,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Regal Cinemas in Visalia, California. The property consists of a 33,897-square-foot, freestanding building that sits on 0.78 acres of land. The property is located at the hard corner of South Bridge Steet, East Main Street, North Santa Fe Street and East Acequia Avenue (walk score of 87 out of 100). Area traffic counts exceed 76,938 vehicles per day, due the property’s proximity to California State Route 198. The area is extremely dense with more than 152,672 residents within a five-mile radius.
Regal (New Lease)
Investment Highlights
- Core Asset in Premier Location within Downtown Visalia - Rare Ability to Control an Entire Downtown Block in California's Central Valle
- New Active Lease Amendment that was Entered into Following Bankruptcy Filing
- Strong Consumer Traffic and Frontage on Multiple Streets (High Walk Score of 87)
- Absolute Net Lease with Approximately 3.8 Years Remaining
- Best Amenitized and Highest Performing Movie Theater within the 6-Mile Competitive Zone
- More than 152,672 Residents Within a Five-Mile Radius
- Strong Concession Sales – Significantly Outpace the Chainwide Average (Concession Revenue to Box Revenue Ratio of 76% Compared to Chainwide Average of 61%)
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $4,900,000
Investment Highlights
- Core Asset in Premier Location within Downtown Visalia - Rare Ability to Control an Entire Downtown Block in California's Central Valle
- New Active Lease Amendment that was Entered into Following Bankruptcy Filing
- Strong Consumer Traffic and Frontage on Multiple Streets (High Walk Score of 87)
- Absolute Net Lease with Approximately 3.8 Years Remaining
- Best Amenitized and Highest Performing Movie Theater within the 6-Mile Competitive Zone
- More than 152,672 Residents Within a Five-Mile Radius
- Strong Concession Sales – Significantly Outpace the Chainwide Average (Concession Revenue to Box Revenue Ratio of 76% Compared to Chainwide Average of 61%)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Regal Cinemas in Visalia, California. The property consists of a 33,897-square-foot, freestanding building that sits on 0.78 acres of land. The property is located at the hard corner of South Bridge Steet, East Main Street, North Santa Fe Street and East Acequia Avenue (walk score of 87 out of 100). Area traffic counts exceed 76,938 vehicles per day, due the property’s proximity to California State Route 198. The area is extremely dense with more than 152,672 residents within a five-mile radius.
Exclusively Listed By
Broker of Record
Financing By
