This is the 10079th most frequent German word.
parktheater
A "parktheater" is a theater located in or near a park.
In this sentence, 'Parktheater' refers to a specific venue or location, presumably a theater associated with or near a park.
Das Parktheater bietet heute Abend eine großartige Show an.
The Parktheater offers a great show this evening.
Here, 'Parktheater' again denotes a theater establishment, emphasizing its accessibility.
Man kann das Parktheater leicht vom Stadtzentrum aus erreichen.
The Parktheater can be easily reached from the city center.
In this usage, 'Parktheater' relates to the venue where specific types of events, open-air performances, are hosted.