Industrial Space Overview
The property is located in the sought-after downtown Visalia area, boasting high visibility and heavy daily traffic on Main Street and South Bridge Street. In close proximity to the Visalia Convention Center, Kaweah Medical Hospital, the County Courthouse, and numerous government offices, restaurants, and shopping venues, it offers excellent accessibility and amenities. The area has been recognized for its thriving arts and culture scene, further enhancing its appeal.
The property is a freestanding, absolute NNN zero landlord responsibility corporate guaranteed Regal Luxury Movie Theater. Regal Cinemas, Inc., a subsidiary of the Cineworld Group, has occupied the theater since 1998 and recently extended its lease through November 2023, demonstrating their commitment to the location. The well-established theater benefits from the vibrant downtown atmosphere and the presence of neighboring businesses, ensuring a steady stream of patrons.
The newly remodeled 33,897-square-foot building features a pristine exterior, lush landscaping, and updated amenities, including a remodeled interior. Situated across from a free five-story City of Visalia parking lot, it provides ample parking for patrons. With 24 years remaining in the lease options, the property offers a secure long-term investment opportunity.
The property is a freestanding, absolute NNN zero landlord responsibility corporate guaranteed Regal Luxury Movie Theater. Regal Cinemas, Inc., a subsidiary of the Cineworld Group, has occupied the theater since 1998 and recently extended its lease through November 2023, demonstrating their commitment to the location. The well-established theater benefits from the vibrant downtown atmosphere and the presence of neighboring businesses, ensuring a steady stream of patrons.
The newly remodeled 33,897-square-foot building features a pristine exterior, lush landscaping, and updated amenities, including a remodeled interior. Situated across from a free five-story City of Visalia parking lot, it provides ample parking for patrons. With 24 years remaining in the lease options, the property offers a secure long-term investment opportunity.
