KW Net Lease Advisors is proud to present to you the sale of Carmike Theatre located in 925 W Andrew Johnson Highway Greeneville, TN. The property has Three (3), 5-Year with 10 years remaining on it's primary term.

Location Description:

The Town of Greeneville is nestled at the foot of the Appalachian Mountains, Greeneville' s rich heritage as the home of the 17th U.S. President features the Andrew Johnson National Historic Site and National Cemetery.

Greeneville has grown to a population of 15,170 and is the county seat of Greene County, an area known for its scenic mountains and agricultural traditions.

Highlights:

>> Just under 10 Years Remaining NNN Lease

>> 10.5% Rent Increase in Primary Term 5/1/2019

>> Guarantor Carmike Cinemas (NASDAQ: CKEC)

>> Proven Location with Early Lease Extension

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Sales Info:

>> Cap rate: 7.0%

>> NOI: $330000