Single-Tenant Movie
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122 Afton Court, Columbia, SC 29212
Fee simple interest in a 14-screen theater with recliner seating, operated under an absolute-net lease.
Property Size41,827 SF
Lot Size6.13 Acres
Days on Market123
Property Features for 122 Afton Court
General Information
Standard status
Active
Size
41,827 SF
Lot size
6.13 Acres
Property subtype
Retail, Special Purpose
Building Details
Tenancy
Single
Listing Agency:
Harvey Schmidt
Listed By:
Harvey Schmidt · License #PA RS324064
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 12:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Harvey Schmidt
Investment Insights
Based on property information with market context.
Marcus & Millichap presents a fee simple interest in AMC Harbison 14, a single-tenant movie theater featuring 14 screens and recliner seating. The property totals 41,827 square feet on a 6.134-acre parcel with over 300 parking spaces. The theater is leased and operated by Eastwynn Theatres Inc, a subsidiary of AMC Entertainment Holdings, Inc., with a corporate guarantee provided by American Multi-Cinema, Inc.
The lease is structured as an absolute-net lease with a current annual rent of $475,000. Eleven years remain of the initial 12-year base term running from April 26, 2018 to April 30, 2030, with eight percent rent increases scheduled every four years beginning May 1, 2022. After the base term, there are three, four-year option periods with an eight percent increase and a nine-month renewal notice requirement. The lease also includes annual additional rental payments if cumulative yearly revenue exceeds breakpoints, which increase every four years on a set schedule, with the additional payment calculated as eight percent of revenue above the current year’s breakpoint.
The lease is structured as an absolute-net lease with a current annual rent of $475,000. Eleven years remain of the initial 12-year base term running from April 26, 2018 to April 30, 2030, with eight percent rent increases scheduled every four years beginning May 1, 2022. After the base term, there are three, four-year option periods with an eight percent increase and a nine-month renewal notice requirement. The lease also includes annual additional rental payments if cumulative yearly revenue exceeds breakpoints, which increase every four years on a set schedule, with the additional payment calculated as eight percent of revenue above the current year’s breakpoint.
Key Highlights
- Fee simple interest in a single‑tenant 14‑screen movie theater at 122 Afton Court, Columbia, S.C. 29212
- 41,827 SF theater on a 6.134‑acre parcel with 300+ parking spaces and recliner seating
- Leased to Eastwynn Theatres Inc (subsidiary of AMC Entertainment Holdings, Inc.) with a corporate guarantee by American Multi‑Cinema, Inc.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Explore this area
Business Placement
Demographics for 29212, SC
29,739
Population
13,374
Households
2.2
Avg Household Size
43
Median Age
46%
College-Educated
94%
High-School Grad
21.4 sq mi
ZIP Area
1,390
Density / Sq Mi
$74,652
Median Household Income
$45,221
Median Earnings
$1,359
Median Rent
$222,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Fee simple interest in a 14-screen theater with recliner seating, operated under an absolute-net lease.
Where is this theater & concert hall located?
The property is located at 122 Afton Court Columbia, SC.
What are key features of this property?
This property features: Fee simple interest in a single‑tenant 14‑screen movie theater at 122 Afton Court, Columbia, S.C. 29212; 41,827 SF theater on a 6.134‑acre parcel with 300+ parking spaces and recliner seating; Leased to Eastwynn Theatres Inc (subsidiary of AMC Entertainment Holdings, Inc.) with a corporate guarantee by American Multi‑Cinema, Inc.
