Churchill Iron Plaza Penticton Inc. (the Vendor), is proud to present the opportunity to acquire a ±23,487 square foot retail asset located at 250 Winnipeg Street, Penticton, BC (Iron City Square, the Property or Offering). Built in 2012, the Property is 100% leased until October 31, 2032 to Landmark Cinemas of Canada Inc. (Landmark or the Tenant), a leading Canadian movie theatre chain that operates in 40 locations across the country. Purpose-built for Landmark, 250 Winnipeg Street is a state-of-the-art facility that caters to the movie-going customer and is renowned for its high-quality service, comfortable seating, and cutting-edge technologies. Iron City Square offers an upscale experience with 4 spacious auditoriums, comfortable seating, and an array of modern amenities. Situated in the heart of Downtown Penticton, the Property is surrounded by a thriving community, offering an array of shopping, dining, and entertainment options. With its prime location and unrivaled amenities, Iron City Square is the perfect investment opportunity for anyone looking to own a piece of the entertainment industry. (id:13843)
MLS# | 10328900 |
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Listing Type | For Sale |
Style | Town House |
Status | Active |
Days On Site | 147 |
Listing Provided By | Royal LePage Kelowna | Steve Laursen |
Zoning | Unknown |
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Province | BC |
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City | Penticton |
Postal Code | V2A5M3 |
Listing VS Median (In V2A5M3) | |
Price: $8,888,000 low | high Med: $0 On site: 147 low | high Med: |