Log In/Sign Up
120 S Bridge St
Visalia, CA 93291
Auction - NNN Regal Cinemas | $490K NOI · Retail Property For Sale
Investment Highlights
- STARTING BID $1,000,000 | Corporate Guarantee | $490,079 NOI | 3.25 Years Remaining | AUCTION DECEMBER 4-6, 2023
- Competing Regal Sequoia Mall Closed May 2023 Leaving No Theater Competition within 10 Mile Radius Now
- Neighboring Retail and Traffic Drivers: Marriott Convention Center and Hotel, XGT Fitness, Restaurants, Main Street Promenade (30K SF Mixed-Use Plaza
- New Lease Signed Post Covid & Chapter 11 Reorganization – 3.25 Years Remaining with Four, 5-Year Renewal Options
- Year Over Year Box Office Revenue At This Location Has Increased 73% Compared to an Increase of Only 26% for the Industry
- Population of ±158,675 and Average Household Income of ±$90,098 (5- Mile Radius); Recent 14% Population Growth
Property Facts
Property Type
Retail
Property Subtype
Movie Theater
Building Size
33,897 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.78 AC
Zoning
CDT
Frontage
260’ on S Bridge St
Amenities
- Accent Lighting
Property Taxes
| Parcel Number | 094-295-010-000 | Improvements Assessment | $3,060,000 |
| Land Assessment | $408,000 | Total Assessment | $3,468,000 |
Property Taxes
Parcel Number
094-295-010-000
Land Assessment
$408,000
Improvements Assessment
$3,060,000
Total Assessment
$3,468,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
