loader
Join Free
Zeekin

AMC Theatres

1706 Old Fort Parkway, Murfreesboro, TN 37129

$10,705,986

Cap Rate 7.35%

Views: 64 DOM: 114 Updated: 09.05.24 Posted: 05.17.24 Status: Active

Summary

Price $10,705,986
Built/Renov 2018
Tenant AMC Theatres
Cap Rate 7.35%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 48,926
Lease Start 06-15-2018
#Units 900
Price/SF $218.82
Expiration 06-30-2033
Tenant Type General Retail
NOI $786,890
R. Term 8.9
Ownership Fee Simple
Rent/SF $16.08
Increases 10.0%/5/yrs
Pop 5Mi 173,417
Lot/AC 2.84
Options 3/5yrs/10%
AHHI 5Mi $99,825

Eric Carlton
Colliers NNN Group
Contact

Jereme Snyder
Colliers NNN Group
Contact

Lease Highlights

  • AMC Theatres has 8+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features 10% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease (NYSE: AMC)

Location Description

AMC Theatres  is strategically located on Old Fort Parkway, with access to 39,000 vehicles passing by daily. The property serves as an anchor tenant of Stones River Town Centre and is only a mile from Interstate 24, which sees 126,500 VPD. Additionally, the site offers multiple points of ingress/egress. The immediate area is surrounded by well-known national tenants including Walmart...

...

Key Features

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

    • ...

Links

AMC Theaters Wikipedia AMC Theaters Wikipedia Murfreesboro, Tennessee Zip Code 37129 Broker Site Page

Documents

Download OM

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: AMC Theatres
  • Guarantor:Corp T and Rated
  • Company:AMC Entertainment Holdings, Inc.
  • # Units:900
  • Tenant S&P: CCC+
  • Moody’s: Caa2
  • Stock: NYSE: AMC

About Tenant

AMC Entertainment Holdings, Inc., (dba AMC Theatres) (NYSE: AMC) is an American movie theater chain. AMC Theatres offers attendees their Signature power-recliner seats, extensive food and...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

Company

© COPYRIGHT 2024 NET-TRADE. ALL RIGHTS RESERVED.

TERMS OF USE PRIVACY POLICY
my activity