Regal Cinemas Theater
For Sale
Contact for pricing
Pending
5516 South Redwood Rd, Taylorsville, UT 84123
Fee simple theater asset leased to Regal Cinemas within a major Taylorsville community center.
Property Size60,393 SF
Days on Market147
Property Features for 5516 South Redwood Rd
General Information
Standard status
Pending
Size
60,393 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Faris Lee Investments
Listed By:
Don MacLellan · License #CA #00897784
Source:
Crexi
Added: Apr 10
Changed: Sep 2
Last Checked: Sep 1 at 12:27PM
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 Faris Lee Investments
Investment Insights
Based on property information with market context.
This fee simple theater property includes the land and building and contains 60,393 square feet. Regal Cinemas occupies the facility under a recently executed long-term triple-net lease, providing an established theater use within a substantial commercial setting.
The property is located at 5516 South Redwood Rd in Taylorsville, Utah, within The Crossroads at Taylorsville. The center includes T.J. Maxx, Ross Dress for Less, PetSmart, Dollar Tree, Harmons Grocery, and 24 Hour Fitness as co-anchors, along with additional restaurant, banking, and service tenants.
The lease has a 15-year primary term, 8% rent increases every 5 years, and four 5-year extension options. This structure combines a defined occupancy term with multiple contractual renewal periods.
The property is located at 5516 South Redwood Rd in Taylorsville, Utah, within The Crossroads at Taylorsville. The center includes T.J. Maxx, Ross Dress for Less, PetSmart, Dollar Tree, Harmons Grocery, and 24 Hour Fitness as co-anchors, along with additional restaurant, banking, and service tenants.
The lease has a 15-year primary term, 8% rent increases every 5 years, and four 5-year extension options. This structure combines a defined occupancy term with multiple contractual renewal periods.
Key Highlights
- 60,393 SF theater property including land and building
- Regal Cinemas lease with a 15‑year primary term
- Triple‑net lease includes 8% increases every 5 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
Explore this area
Business Placement
Demographics for 84123, UT
39,489
Population
14,716
Households
2.7
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
8.3 sq mi
ZIP Area
4,758
Density / Sq Mi
$80,079
Median Household Income
$42,195
Median Earnings
$1,416
Median Rent
$436,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Fee simple theater asset leased to Regal Cinemas within a major Taylorsville community center.
Where is this theater & concert hall located?
The property is located at 5516 South Redwood Rd Taylorsville, UT.
What are key features of this property?
This property features: 60,393 SF theater property including land and building; Regal Cinemas lease with a 15‑year primary term; Triple‑net lease includes 8% increases every 5 years
