Tenant: Regal Cinemas
Premises: 68000 SF
Renewal Options: 2 x 5 Year
Lease Expiration: 12/31/26
Lease Type: Absolute NNN
Rental Increases: 1% Annual Increases
- Fee Simple Ownership: 100% Occupied Single Tenant Absolute NNN Corporate Guaranteed Lease Investment
- Tenant Recently Executed a New 10 Year Lease Extension Making the Current Initial Lease Term Consist a Total of 10.5 Years Before Options
- Regal Has Over Sixteen (16) Years of Operating History at this Location Proving Long Term Commitment
- Fourteen Screen Movie Theater Located Across from the Bowie Town Center, a 755,000 Square Foot Lifestyle Shopping Center with Over 70+ Retail Stores
- In Cooperation with Jones Lang LaSalle Americas, Inc. Broker of Record: Robert Freedman MD License #5747
Regal Cinemas operates one of the largest and most geographically diverse theatre circuits in the United States, consisting of 7,329 screens in 567 theaters in 42 states along with Guam, Saipan, American Samoa and the District of Columbia as of March 31, 2016. The Company operates theaters in 46 of the top 50 U.S. designated market areas. We believe that the size, reach and quality of the Company’s theatre circuit not only provide its patrons with a convenient and enjoyable movie-going experience, but is also an exceptional platform to realize economies of scale in theatre operations.
Headquartered in unincorporated Halls Crossroads, just north of Knoxville, Tennessee, Regal Entertainment Group operates three main theater brands: Regal Cinemas, Edwards Theaters, and United Artists Theaters.
