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5320 Forest Dr
Columbia, SC 29206
AMC Theatres Portfolio | 2 Locations · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Proposed 5-Yr Lease Extensions with AMC Credit Behind Them
  • Stand Alone Locations with Good Underlying Real Estate
  • Large Parcels Located Along Main Arteries, with Great Visibility, Traffic Counts & Proximity to Other Retailers
  • Established Locations & Trackable Sales Performance
  • Rare Portfolio Opportunity - Bulk Pricing
  • Strong Demographics & Growing Populations

PROPERTY FACTS

Property Type
Retail
Property Subtype
Movie Theater
Building Size
35,271 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
6.89 AC
Zoning
C-3
Parking
343 Spaces (9.72 Spaces per 1,000 SF Leased)
Frontage
538’ on Forest Dr

AMENITIES

  • Signage

ABOUT 5320 FOREST DR , COLUMBIA, SC 29206

Brisky Commercial is pleased to present a rare and unique opportunity to acquire (2) AMC Theatres. AMC Theatres (NYSE: AMC), founded in 1920, is the leading American movie theatre chain in the market, ahead of Regal Entertainment Group and Cinemark Theatres. In 2016, the company acquired Odeon Cinemas, UCI Cinemas and Carmike Cinemas, making it the largest movie theatre chain nationwide. This small portfolio offers investors a bulk buying opportunity at an attractive price point. In addition, both locations have large lots with great real estate that could be redeveloped. Units may be available individually, but portfolio sale is preferred. AMC has a proven track record at each of the locations, and the proposed reduced rent extensions put the tenant in an excellent position moving forward. It is the client's desire to engage with a buyer group who can move quickly due to the implementation of the proposed lease extensions and rent reductions. Two Locations: South Carolina - 10 Screens | 35,271 SF | 6.89 Acres | Built 1996 North Carolina - 18 Screens | 60,939 SF | 10.82 Acres | Built 1996 Contact us for more information and confidential details. Limited Nonresident Commercial Real Estate Broker. Listed in Conjunction With North Carolina Real Estate Broker David B Zacharia License 299302. Listed in Conjunction With South Carolina Real Estate Broker David B Zacharia License 87944.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16706-04-02
Land Assessment
$1,500,600
Improvements Assessment
$1,699,400
Total Assessment
$3,200,000
  • Listing ID: 18985354

  • Date on Market: 3/25/2020

  • Last Updated:

  • Address: 5320 Forest Dr, Columbia, SC 29206

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