5716 Towson Ave
Fort Smith, AR 72901
AMC Classic Fort Smith 14 · Retail Property For Sale

Marcus & Millichap is please to offer this single-tenant net-leased investment property located in Fort Smith, Arkansas. This is an absolute net leased property with the tenant responsible for direct payment of property tax, insurance, maintenance and repairs. This AMC movie theater is operating under a triple net lease with 3 plus years remaining in the lease. AMC recently extended the lease three years to improve the food and menu offerings to patrons, which shows a commitment to this location. The subject property is a state-of-the-art movie theater with millions of dollars worth of projection equipment, including digital and 3-D projection, stadium seating. A savvy investor will receive a strong double-digit return on investment while gaining positive leverage with the use of current low interest debt.The subject property is an 47,634-square foot building situated on a 6.17 acre lot. The City of Fort Smith is the hub of a diverse economy, rich history and a promising future. Home to Arkansas oldest symphony orchestra and the states oldest continuously running volunteer little theater, Fort Smith is also steeped in Old West lore, from books and films like True Grit, to some colorful real world characters like Belle Starr, Judge Isaac C. Parker, U.S. Deputy Marshal Bass Reeves and the Founder of the U.S. Army Rangers, General William O. Darby. The U.S. Army established Fort Smith as a military outpost in 1817. Incorporated on December 24, 1842, the city still boasts an active military presence with the Fort Chaffee Maneuver Training Center, operated by the Arkansas National Guard, and the 188th Fighter Wing, Arkansas Air National Guard. Forbes magazine recently named Fort Smith as the number one city in America for cost of living. The publication also highlighted Fort Smith for its highest-paying tech jobs in the nation. Fort Smith has long been a regional manufacturing center, with major plants located in the city operated by Whirlpool Corporation, Rheem, Trane, Georgia-Pacific, Gerber, Planters Peanuts and others. Fort Smith is home to several corporations inc