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870 Mallory Pky
Franklin, IN 46131

$24,999 USD/MO

Movie Theatre For Lease  •  26,737 SF

Property Details

  • Property Type Movie Theatre
  • Year Built 1999
  • Total Building Size 26,737 SF
  • Tenancy Single
  • Building Class C
  • Zoning MXC
0 Transit Score
46 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 26,737 SF $11.22 USD/SF/YR
Former Canary Creek Cinemas is available for sale or lease. This neighborhood movie theater complex was originally built in 1999 operating successfully for over 24 years. The complex features 7 Indoor Movie Screens plus 2 Outdoor Drive-In Screens. The building is 26,737 sf and with a bright welcoming reception area.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Movie Theater
  • Space Type: Relet

Description

This iconic neighborhood movie theater complex, a community staple for over 24 years, is now available for sale or lease. The property features a total of 7 indoor movie screens plus 2 outdoor drive-in screens, offering versatile entertainment options. The building spans 26,737 square feet and includes a bright, welcoming reception area. Excellent opportunity for entertainment or event venue with indoor and outdoor spaces. 
Situated on a 9.28-acre lot, the property boasts expansive, paved, and well-lit parking areas, providing ample space for customers. Strategically located behind a Kroger grocery store and Kohl’s shopping center, it benefits from strong nearby traffic. Additionally, the site is in close proximity to two local schools and Franklin College, further enhancing its visibility and accessibility.
Conveniently positioned just off US 31 South, this property presents an exceptional opportunity for a variety of uses. Whether continuing as a local entertainment venue, transforming into a retail or trade school, or repurposing for business, healthcare, or a church campus, this property offers tremendous potential for growth and transformation.

Highlights

Excellent Retail Location Near Krogers, Kohls, Walmart and Schools
Former Canary Cinemas, successful movie complex with indoor and outdoor theatre or event experiences
Zoning for mixed-used commercial
9.28 AC

Property Flyers

Amenities

  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Indianapolis International 51 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 354
Type: Surface
Included in Rent: Yes
Sharon Thompson 317-607-0884 KW Commercial Indiana
Sharon Thompson 317-607-0884 KW Commercial Indiana