Price: $6,142,000 | Cap Rate: 8.50% | NOI: $522,113
40-YEAR TENANCY – LONG-TERM COMMITMENT TO SITE
AMC Theatres has operated at this location since the original lease in 1985, underscoring a nearly 40-year commitment to Tyngsborough and highlighting the property’s proven success as a long-standing entertainment anchor.
STRONG PERFORMANCE – TOP 15%
Of theatres and music venues nationwide, AMC Tyngsborough ranks in the 85th percentile nationally among theatres and music venues (640 of 4,478) and the 84th percentile in Massachusetts (10 of 59), placing it in the top echelon of entertainment venues.
12-SCREEN FORMAT WITH STRONG PERFORMANCE — $469,607 IN SALES PER SCREEN
The 39,474 SF theatre features 12 upgraded screens following a full renovation in 2013. The property continues to demonstrate strong operating metrics, generating $469,607 in sales per screen, highlighting its stable performance and sustained consumer demand.
ONE OF ONLY TWO TAX-FREE SUPER-REGIONAL RETAIL MARKETS SERVING GREATER BOSTON
The property benefits from New Hampshire’s tax-free shopping environment, which makes Nashua and Salem the only two true super-regional retail hubs for the Boston MSA. This dynamic drives exceptional cross-border traffic and supports some of the highest sales volumes in New England for anchors and entertainment tenants like AMC.
7.39 YEARS REMAINING - (2) FIVE YEAR OPTIONS
The property operates under a Double Net (NN) lease with 7.39 years of remaining term plus two (2) five-year options. Tenant covers CAM, taxes, and insurance, while Landlord maintains roof, structure, and common areas.