For Lease
$11.28/SF/YR

870 Mallory Pkwy Franklin, IN 46131

9-Acre Theater Complex - Sale/Lease

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 26,737 square foot property, located at 870 Mallory Pkwy in Franklin, Indiana, presents a unique investment opportunity. Originally a successful cinema complex operating for over two decades, this single-story, 1999-built building boasts nine screens (seven indoor and two outdoor drive-in). The expansive 9.28-acre lot features ample paved and lighted parking. Its prime location, situated behind Kroger and Kohl's shopping centers, benefits from high visibility and convenient access just off US 31 South. The property's MXC Mixed Use Commercial zoning allows for diverse uses, including continued entertainment, retail, trade school, or business ventures. The high ceilings (19 feet) and existing infrastructure offer significant potential for adaptive reuse, such as a daycare center or church campus. The building includes a welcoming reception area and features an elevator. This versatile property is ideal for an investor seeking a high-impact commercial space in a thriving community near local schools and Franklin College. The entire 26,737 square feet is currently vacant, offering immediate occupancy. The property's APN is 41-08-15-014-001.021-009, and it's located in Johnson County, Indiana, zip code 46131.

Property Details for 870 Mallory Pkwy

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
26,737 SF
Class
C
Year Built
1999
Buildings
1
Stories
1

Unit(s) available at that property

Space
870 Mallory Pkwy
Size
26,737 SF
Rate per SF
$11.28

Location Insight

City
Franklin
County
Johnson
State
Indiana
Latitude
39.489273710357
Longitude
-86.068087297695

FAQs

What type of property is this?
Specialty property - 9-Acre Theater Complex - Sale/Lease
Where is the specialty property located?
The property is located at 870 Mallory Pkwy Franklin, IN.
What is the lease rate?
The lease rate is $11.28/SF/YR.
How can I contact the broker?
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870 Mallory Pkwy
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