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 childrens 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.
Presented By: Oakcrest Commercial Real Estate
Interior Features for 5890 Valley
Other Interior Features
Central Air Y/NNo
Heating FuelNone
Hot WaterElectric
General for 5890 Valley
AccessibilityNone
Business TypeOther/General Retail
CitySTEPHENS CITY
Construction MaterialsBlock
Cool FuelNone
CoolingNone
CountyFREDERICK
DirectionsTake Valley Avenue South from Winchester towards Middletown, VA. Valley Avenue turns to Valley Pike and the property is on the right hand side.
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