Listed by Russ Russell Commercial Real Estate
$2,950,000
Hollywood Cinemas Theater For Sale
Details
Property Type Retail, Business for Sale
Sub Type Business and Building
Square Footage 28,880
NOI $370,155
Occupancy 100%
Tenancy Single
Price per SqFt $102
Acreage 1.000
Zoning General Business
Parking Spaces spaces
Ground Lease Yes
Hollywood Cinemas For Sale in Scottsboro, AL
Marketing description
Hollywood Cinemas theater for sale in Scottsboro, AL anchored by The Village on Broad Street Shopping Center with 250' road frontage on Ida Moody Rd. Built in 2009 is this 28,880 square foot movie theater for sale in Scottsboro, AL! Investors check out this chance to generate income with 10 auditoriums and modern infrastructure, making it ideal for continued entertainment use, a concession area, and 4 restroomson each floor. Situated on approxiamtely 1.03 acres and next to the Village on Broad Street, this is an opportunity to own a stable, income-producing property in a high-growth area near Lake Guntersville.
Investment highlights
- Growing part of NE Alabama and near Lake Guntersville which brings in revenue from Bass Pro Fishing Tournaments anually.
- Scottsboro has seen a population explosion in the last 5 years
- Anchored by the Village on Broad Street Shopping Plaza
Listing Contacts
Listed by Russ Russell Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$370,155.00
$30,846.25/mo
Valuation Metrics
0
DSCR
12.55%
Cap Rate
12.55%
ROI
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