Teays Valley Cinemas

$ 5,250,000
170 Erskine Ln,
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Overview

  • Updated On:
  • April 18, 2022

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
Open In Google Maps
Property Id : 19330
Price: $ 5,250,000
Price/SF: $129.99
Cap Rate: 6.24%
Rentable Area: 40,388 SF
Lot Size: 6.00 Acres
Year Built: 2004

Other Agents

Ani Paulson

Team Lead | Investment Specialist
Ani Paulson based in Charleston, SC, focuses on the analysis and disposition of office/ind ...

Pearce Vogler, CPA

Investment Specialist

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Pearce Vogler, CPA