AMC Stones River 9 1706 Old Fort Pky

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the AMC at Stones River Town Centre in Murfreesboro, TN. The long-term net leased movie theatre has over 9 lease years remaining in the primary term with base rent increases every 5 years including the three 5 year option terms. The 48,926 SF building comprises nine state-of-the-art screens for nearly 1,000 guests in both standard seating and AMC signature recliners.
The subject property is an anchor tenant of Stones River Town Centre (607,000 SF regional shopping center) and is strategically located on Old Fort Parkway, which sees over 39,000 VPD, and is only a mile from Interstate 24 (126,500 VPD). Located within the rapidly expanding Nashville MSA (1.3 million residents), with population growth projected to exceed 3% annually over the next several years. Murfreesboro is projected to grow by approximately 67,000 residents in the next 10 years. The city plans to create 42,958 of additional housing units by 2035 to accommodate employment and population growth. Numerous national retailers surround the asset including Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, JCPenney, Dillard’s, Strike and Spare Family Entertainment Center, Hobby Lobby, McDonald’s, Chick-fil-A, Starbucks, Panera Bread, Wendy’s, and more.
This is an excellent opportunity to purchase a long-term net leased movie theatre in a dominant Murfreesboro location with contractual rental increases, limited landlord responsibilities, and strong retail synergies providing years of inflation resistant income.