Carmike Cinemas, Bethlehem, GA
416 Exchange Boulevard
Bethlehem, GA 30620
PROPERTY SOLD
Property: Investment Sales
Price: $8,000,000
Cap Rate: Call
Description:
- Located between Atlanta and Athens at the intersection of GA Highway 316 and 81
- Across highway from a Target, Belk, Publix, PetSmart and Staples shopping center
- Property consists of a 45,200 SF, 12-screen theatre complex developed on 8.1 acres
- Tenant commenced a 20 year triple net lease with rent bumps in January 2012
- The transaction closed escrow in March 2012 for approximately $8 million
- The buyer was a private REIT on the west coast


Downloads
Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
(864) 263-5427 - Main
(404) 435-6312 - Mobile