921 S JeffersonLebanon, MO 65536
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$4,562As a kid did you ever dream of owning a theatre? Well this is the next best thing... buy the building and the land!!! The Lebanon Ritz 8 building is listed for sale for the first time ever! Built in 1992 for the current tenant, this is a building with a proven record of cash flows. Building is currently leased through 9/30/2029 with built in renewal option(s) and increases on 5 year increments. As the only theatre in a growing town, it has and is set to remain a landmark in the community. Listed with an over 8% CAP rate, this is a great investment opportunity to build long term wealth. Lessor only responsible for land taxes and roof maintained. Current tenant has been in for 30+ years!!! Purchase also comes with 1/3 ownership of the parking lot and, if you’ve sharpened your pencil you’ll realize that this is a VERY attractive deal for the savvy investor.
a month ago | Listing updated with changes from the MLS® | |
a month ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2025-01-31 11:59 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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