Single Tenant Theatre Investment Opportunity

Highlights:

• REGAL CINEMAS COMMITTED TO THE SITE SINCE 2007
• BUILT-IN RENT GROWTH
• STRONG CO-TENANCY
• MARKET DOMINANCE

Description:

AiCRE Partners is pleased to offer the opportunity to acquire fee simple interest in Regal Ithaca Mall 14, a 61,815 square foot, 14-screen stadium-seating cinema at 40 Catherwood Road in the Village of Lansing, just north of the City of Ithaca, New York. The theatre was purpose-built for Regal Cinemas and opened in 2007, and Regal has operated it continuously since. Regal reaffirmed its commitment to the location by keeping the lease through its parent company’s 2022 restructuring and then exercising its first renewal option in 2024, extending the term to January 31, 2030.

For Additional Information Visit https://aicrepartners.com/