5890 VALLEY, STEPHENS CITY, Virginia 22655 - $1,500,000
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
Family Drive-in Theatre is presently leased to an out-of-state tenant. The current lease expires on December 31, 2025. The current tenant has a provision in their lease for a thirty (30) day first right of refusal. Once a contract to purchase is received, the current tenant has thirty (30) days to match the pending offer.
The present zoning is Frederick County B-2 – General Business District. The land area consists of 10.16 acres or 442,570 square feet. There is an existing concession building/snack bar with two projection rooms. The floor area of the subject building is 1,686 SF. There are two existing drive-in theatre screens. Screen 1 is 84 ft. by 60 ft. Screen 2 is approximately 50 ft by 35 ft. There are 380 drive-in speakers on 4 ft. poles with 2 speakers per pole. There is an existing children’s playground. The existing digital projection equipment is owned by the current theatre operating company with headquarters in Texas. A new purchaser who is interested in operating the drive-in theatre would need to invest in the very expensive state-of- the-art digital projection equipment now required to screen all movies.
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
For Detailed Buyer Information Call (434) 409-4056 or email deidre@virginiaestates.com
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For buyer representation by Virginia Estates contact Deidre Carpenter 434-409-4056, deidre@virginiaestates.com.