Teays Valley Cinemas

$ 4,750,000
170 Erskine Ln, Scott Depot

Overview

  • Updated On:
  • February 6, 2025

Description

  • SELLER WILLING TO LEASEBACK FOR UP TO 1-YEAR
  • PRIME REDEVELOPMENT OPPORTUNITY IN EMERGING MARKET
  • BUSINESS-FRIENDLY SUBMARKET WITH NO B&O OR CITY TAX
  • IDEAL FOR RETAIL OR FLEX/INDUSTRIAL ADAPTIVE REUSE WITH 40,000+ SF EXISTING BUILDING
  • 6 ACRES OF LAND ALLOWS FOR OPTIONS TO EXPAND EXISITING BUILDING
  • OFFERED WELL BELOW 2020 REPLACEMENT COST
  • TURNKEY MOVIE THEATER | AVAILABLE FOR SALE OR LEASE @ $12/SF NNN

Address: 170 Erskine Ln
State/County:
Zip: 25560
Country: United States

Property Id: 19330
Price: $ 4,750,000
Price/SF: $117.61
Cap Rate: 6.90%
Rentable Area: 40,388 SF
Lot Size: 6.00 Acres
Year Built: 2004

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Ani Paulson

Team Lead | Senior Director Investments
Ani Paulson and her team, focus on the analysis and disposition of office/industrial & ...

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