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2001 Elmwood Ave
Buffalo, NY 14207
Regal Cinemas · Retail Property For Sale
PROPERTY FACTS
ABOUT 2001 ELMWOOD AVE , BUFFALO, NY 14207
TSCG is pleased to present an opportunity to acquire a freestanding Regal Cinemas, the anchor tenant of Elmwood Regal Center. The Property is located along Elmwood Avenue between Kenmore and Hertel Avenues in Buffalo, Erie County, New York. Regal has been a tenant at this center since 1996. The movie theater was completely remodeled in 2016, including a complete update to projection, sound, seating, wall finishing and carpet. The number of seats were reduced from around 4,500 to 1,500 to make room for updated electric leather recliner seating featuring both drink holders and snack tables. Sales grew more than 48% following the renovation. This offering presents an excellent opportunity to acquire a well-established, newly renovated theater with growing sales.
PROPERTY TAXES
| Parcel Number | 140200-078-530-0002-007-000 | Improvements Assessment | $3,410,000 |
| Land Assessment | $720,000 | Total Assessment | $4,130,000 |
PROPERTY TAXES
