250 Winnipeg Street Penticton, British Columbia V2A 5M3
$8,888,000
Churchill Iron Plaza Penticton Inc. (the āVendorā), is proud to present the opportunity to acquire a ±23,487 square foot retail asset located at 250 Winnipeg Street, Penticton, BC (āIron City Squareā, the āPropertyā or āOfferingā). Built in 2012, the Property is 100% leased until October 31, 2032 to Landmark Cinemas of Canada Inc. (āLandmarkā or the āTenantā), 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:41053)
Property Details
MLS® Number | 10328900 |
Property Type | Other |
Neigbourhood | Main North |
Building
Type | Other |
Land
Acreage | No |
Size Total Text | Under 1 Acre |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27673890/250-winnipeg-street-penticton-main-north
Request
Contact Scott & Cole
Scott Marshall and his team are happy to assist in any way possible on the potential purchase or sale of any property here in the Okanagan Valley. With a history dating back to 1911, we know the area like the back of our hands.