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Single-Tenant Movie Theater
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3241 SW Fascination Drive, Lees Summit, MO 64081

Triple-net leased movie theater occupied by B&B Theatres Operating Company since March 2018.

Property Size27,835 SF
Price / SF$238.01
Days on Market65

Property Features for 3241 SW Fascination Drive

General Information

Standard status Active
Size 27,835 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Sale/Leaseback
Net Operating Income $548,790

Building Details

Year Built 2018
Buildings 1
Tenancy Single
Listing Agency: Crossroads Real Estate Group
Listed By: Holly Mills · License #MO 2004031968
Source: Crexi
Added: Jul 6 Changed: Aug 24 Last Checked: Sep 8 at 7:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Real Estate Group

Investment Insights

Based on property information with market context.

New Longview 7 is a single-tenant movie theatre designed for ongoing operations under a triple-net lease. B&B Theatres Operating Company, Inc. has occupied the property since it was constructed, with the lease commencing in March 2018. The offering is presented as a sale-leaseback, and the operator reports 100% lease obligation fulfillment over its 102-year history.

The theatre is located at 3241 SW Fascination Drive in Lee’s Summit, Missouri. The remaining term is noted as 12.5 years. As described by the listing, New Longview 7 functions as the theatre anchor for a mixed-use neo-urbanist community.

Key Highlights

  • 2018‑built movie theater leased under a triple‑net lease to B&B Theatres Operating Company, Inc.
  • Lease commenced March 2018; B&B has occupied the property since construction.
  • Remaining lease term of 12.5 years.

Property Analytics

Current Use

B&B Theatres Lee's ... Cinema

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Auto Repair Shop Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 64081, MO

24,903
Population
10,778
Households
2.3
Avg Household Size
43
Median Age
51%
College-Educated
98%
High-School Grad
13.0 sq mi
ZIP Area
1,916
Density / Sq Mi
$103,490
Median Household Income
$61,338
Median Earnings
$1,449
Median Rent
$333,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Triple-net leased movie theater occupied by B&B Theatres Operating Company since March 2018.
Where is this theater & concert hall located?
The property is located at 3241 SW Fascination Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $6,625,000.
What are key features of this property?
This property features: 2018‑built movie theater leased under a triple‑net lease to B&B Theatres Operating Company, Inc.; Lease commenced March 2018; B&B has occupied the property since construction.; Remaining lease term of 12.5 years.
(816) 298-9998 Call to check price and availability
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