9.0% Cap | NNN Ground Lease | NCG Cinema IMAX | MI

Investment Highlights

Key Property Highlights

• Long-Term Triple-Net Ground Lease. *The NCGro ground Lease is for the Parking Lot Required for their Building | NCG Owns the Building Pad (Building Pad is NOT Included in the Sale)
• 11 Years Remaining | Original 30-Year Lease
• 10% Rent Increases Every 5 Years
• NCG Cinema is an Independent, Family-Owned Business with 26 Locations Across 9 States | Nearest NCG: 24 Miles
• Ranks in the Top 10% of All NCG Cinemas Nationwide Top 13% of All NCG Locations in Michigan
• NCG Grand Blanc is the Only IMAX in the Flint/Genesee Area
• 11 Total IMAX Locations in Michigan | Nearest IMAX: 25 Miles

Additional Highlights

• Theater Amenities: 284-Seat IMAX Auditorium with 4.5 Story Screen & 12,000 Watts of Digital Sound
• 14 Additional Screens | 1,886 Seats Combined
• Strong Retail Market: 3.3 Million SF of Retail within a 5-Mile Radius | 97.3% Occupancy Rate
• Notable Nearby Retailers: Kroger, Walmart, Sam’s Club, Kohl’s, PetSmart, Aldi, & Others
• 2 Miles from Ascension Genesys Hospital
• (412 Beds | 24/7 ER | Level II Adult Trauma Center)
• Immediate Access to I-75 (65,272 VPD)
• Demographics:
• 67,900 Residents $94,800 Average Household Income within a 5-Mile Radius