AMC Theatres Absolute NNN
For Sale
Contact for pricing
Pending
3825 Marketplace Circle, Traverse City, MI 49684
Corporate-guaranteed theater investment with zero landlord responsibilities and long-term lease extensions.
Property SizeContact for details
Days on Market144
Property Features for 3825 Marketplace Circle
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Hobby Lobby, Lucky's Market, Outback Steakhouse
Traffic Count
27,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(248) 688-0630
Listed By:
Frank Rogers · License #MI 6502417063
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 8:10PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple NNN property at 3825 Marketplace Circle is occupied by AMC Theatres and includes a 14-screen cinema with an IMAX theater. Constructed in 2016, the building operates under an absolute NNN lease with no landlord responsibilities. AMC Entertainment Holdings, Inc. provides the corporate guarantee.
The lease commenced in December 2015 and has approximately 17 years remaining in its initial term, followed by four 5-year extension options. Contractual rent increases occur at 5-year intervals during the initial term and at the start of each option period.
The theater is positioned near State Highway 37/31, which carries 27,300 VPD, with access from Marketplace Circle. It is part of the Buffalo Ridge redevelopment and is less than 1 mile north of Grand Traverse Mall, a 530,000 SF retail center anchored by Target, T.J. Maxx, Macy’s, Dunham’s Sports, and JCPenney. Nearby retailers include Lowe’s Home Improvement, Kohl’s, Meijer, Hobby Lobby, Michaels, Bed Bath & Beyond, Lucky’s Market, and Gander Outdoors.
The lease commenced in December 2015 and has approximately 17 years remaining in its initial term, followed by four 5-year extension options. Contractual rent increases occur at 5-year intervals during the initial term and at the start of each option period.
The theater is positioned near State Highway 37/31, which carries 27,300 VPD, with access from Marketplace Circle. It is part of the Buffalo Ridge redevelopment and is less than 1 mile north of Grand Traverse Mall, a 530,000 SF retail center anchored by Target, T.J. Maxx, Macy’s, Dunham’s Sports, and JCPenney. Nearby retailers include Lowe’s Home Improvement, Kohl’s, Meijer, Hobby Lobby, Michaels, Bed Bath & Beyond, Lucky’s Market, and Gander Outdoors.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- AMC Entertainment Holdings, Inc. corporate guarantee
- Approximately 17 years remaining plus 4 (5‑year) extension options
Property Analytics
Property Profile
Current Use
Lease Details
27,300 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 49684, MI
22,025
Population
10,959
Households
2
Avg Household Size
49
Median Age
46%
College-Educated
96%
High-School Grad
52.8 sq mi
ZIP Area
417
Density / Sq Mi
$75,678
Median Household Income
$39,553
Median Earnings
$1,216
Median Rent
$375,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed theater investment with zero landlord responsibilities and long-term lease extensions.
Where is this nnn property located?
The property is located at 3825 Marketplace Circle Traverse City, MI.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; AMC Entertainment Holdings, Inc. corporate guarantee; Approximately 17 years remaining plus 4 (5‑year) extension options
