$10,393,000 USD
513-300-0763
HIGHLIGHTS
- Corporate AMC Theatre Lease - AMC is the largest movie exhibition company domestically and globally, operating approximately 900 theatres
- Large Lot with Outstanding Access-This AMC Theatre sits on a large 5.8 acre lot with multiple access points inside and outside of the Chapel Hill Mall
- Extremely Strong Retail Presence - This AMC is surrounded by an abundance of national retailers in addition to the Briargate Mall
OVERVIEW
Bang Realty is pleased to present the exclusive listing for an AMC Theatre located at 1710 Briargate Blvd, Colorado Springs, CO 80920. The site consists of roughly 54,853 rentable square feet of building space on an estimated 5.8-acre parcel of land. This AMC Theatre is subject to a 15-year Double Net (NN) lease, which commenced 12/20/2013. The current annual rent is $987,354 and has scheduled increases of $1 per square foot every 5 years.
FOR SALE DETAILS
PRICE
$10,393,000 USD
PRICE/SF
$21 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
AMC Theatre
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Movie Theatre
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.8 AC
LAND SF
252,648 SF
ZONING
PBC
APN/PARCEL ID
63042-16-003,63051-01-001,63051-01-008
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513-300-0763
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Please correct the highlighted field(s).
513-300-0763
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
