Movie Theater

Cinemark

Listing Price: $7,646,000

Cap Rate
8.25%
Tenant Name
Cinemark Theatres
Years Remaining On Lease
6.70
Guarantor
Corporate Guarantee
Rentable SF
50,464
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.50

Investment Overview

Headquartered in Plano, Texas, Cinemark Holdings, Inc. is a leader in the motion picture exhibition industry with over 550 theatres and 6,132 screens in the U.S. and Latin America as of December 31, 2019. In the U.S., Cinemark is the third-largest company in the motion picture industry, with 345 theatres and 4,645 screens in 42 states. In Latin America, Cinemark has 209 theatres and 1,487 screens in 15 countries.

Investment Highlights

  • 7 Years Remaining on Absolute Triple-Net (NNN) Lease with Cinemark Holdings, Inc.
  • 20% Rent Increase Occurring on May 1, 2022
  • 119,657 Residents within a 5-Mile Radius - Growing Kenosha Trade Area
  • Over 68,000 Cars/Day at the Nearby Intersection of 75th Street and Green Bay Road
  • Situated in Major Retail Corridor - Menards, Hobby Lobby, Lowes, Meijer, ALDI, Petco, Dollar Tree, Bed Bath & Beyond, and More

Exclusively Listed By

Listing Price: $7,646,000

Cap Rate
8.25%
Tenant Name
Cinemark Theatres
Years Remaining On Lease
6.70
Guarantor
Corporate Guarantee
Rentable SF
50,464
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.50

Investment Highlights

  • 7 Years Remaining on Absolute Triple-Net (NNN) Lease with Cinemark Holdings, Inc.
  • 20% Rent Increase Occurring on May 1, 2022
  • 119,657 Residents within a 5-Mile Radius - Growing Kenosha Trade Area
  • Over 68,000 Cars/Day at the Nearby Intersection of 75th Street and Green Bay Road
  • Situated in Major Retail Corridor - Menards, Hobby Lobby, Lowes, Meijer, ALDI, Petco, Dollar Tree, Bed Bath & Beyond, and More

Investment Overview

Headquartered in Plano, Texas, Cinemark Holdings, Inc. is a leader in the motion picture exhibition industry with over 550 theatres and 6,132 screens in the U.S. and Latin America as of December 31, 2019. In the U.S., Cinemark is the third-largest company in the motion picture industry, with 345 theatres and 4,645 screens in 42 states. In Latin America, Cinemark has 209 theatres and 1,487 screens in 15 countries.

Exclusively Listed By

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