SOUTHEAST 7TH STREET VANCOUVER, WASHINGTON 98683 RYAN IMBRIE | MANAGING DIRECTOR [email protected]O: 503.208.9403| M: 503.705.7352 * Representative photo, not actual building All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. SINGLE TENANT RETAIL FOR SALE
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SOUTHEAST 7TH STREET - LoopNet€¦ · SOUTHEAST 7TH STREET VANCOUVER, WASHINGTON 98683 RYAN IMBRIE | MANAGING DIRECTOR [email protected] O: 503.208.9403| M: 503.705.7352 * Representative
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Comments: Absolute NNN Lease, rent increases occur every 5 years on January 1st. Bumps are lesser of CPI or 10%
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INTERIOR PHOTOS
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EXTERIOR PHOTOS * Representative photos, not actual building
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PROPERTY MAP
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PARCEL MAP
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SE 10th Street
SE 7th Street
AERIAL MAP
SE Mill Plain Blvd
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ABOUT AMC THEATRES
Website www.amctheatres.com
Type Public
Traded as NYSE: AMC
Industry Entertainment
Founded January 1, 1920; 99 years ago (as
American Multi-Cinema)
Headquarters Leawood, Kansas
Number of locations 661
Key people
Stanley Durwood
Dan Holland (Chairman)
Adam Aron (President/CEO)
Number of Employees 4,332 Full-Time; 35,511 Part-Time
Founded in 1920, AMC Theatres (originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas) is a multi nation-owned movie theater chain headquartered in Leawood, Kansas. It is the largest movie theater chain in the world, with over 8,200 screens in 661 theatres in the United States and 2,200 screens in 244 theatres in Europe.
Approximately 200 million guests visit AMC theatres across all of it’s location in 2018. In recent years, AMC has continued to lead the industry by doing what it does best: focusing on its guests and providing the best-possible movie-going experience. Backed by its majority shareholder, The Wanda Group, AMC led the charge on the instillation of plush, power recliners, massively expanded and improved food and drink options for guests, including the introduction of MacGuffins Bars, and Coca-Cola Freestyle machines, and has made movie-going more immersive than ever through an expanded partnership with IMAX and the introduction of Dolby Cinema at AMC.
AMC announced Thursday afternoon that it bought all the closed Cinetopia movie theaters in the nation, which includes three i n the Portland area. The theaters could reopen as soon as Friday.
Cinetopia, the luxury living room-style movie theater chain, started in Vancouver before it expanded to Beaverton and Kansas City. It closed suddenly last week with little fanfare.
The AMC acquisition comes after considerable animosity between the two companies. Cinetopia sued AMC in May 2018 over competi tive practices in the Kansas City area. Company officials indicated they would settle last week.
Now, AMC Executive Vice-President of U.S. Operations John McDonald said that the purchase will open the door to AMC in the Portl and area. It joins a market largely dominated by Regal and Cinemark, as well as several independent theaters within Portland.
“While each theatre offers something a little different, what they all have in common is AMC ’s commitment to providing the very best moviegoing experience,” McDonald said.
The inside of the theaters will be rebranded when they reopen, which should be within a few weeks. The Vancouver Mall locatio n should be open Friday.
The exterior signage will still bear the Cinetopia names for awhile, but the format will have switched to riffs on the AMC br and:
The Beaverton location will be a AMC Dine-In and have a full menu of appetizers, entrees and desserts that are delivered to the customer’s theater.
The Vancouver location will become AMC Vancouver Mall 23. That theater will also have a specialty menu, as well as “the very best of cutting-edge moviegoing.” Cinetopia in Mill Plain will become a regular AMC, now called AMC Classic.
All three are expected to eventually sell alcohol, but only the Beaverton theater will reopen its bar soon.
The AMC announcement said that tickets could be cheaper now, but did not set a price. Each location will offer a $5 ticket on Tuesday for the company’s membership program, which also allows members to watch three movies a week for a monthly price.
Tickets will be available at the theaters, on its mobile app and online through Fandango, MovieTickets, Atom Tickets and the company’s website AMCTheatres.com.
CINETOPIA BECOMES AMC
Posted May 23, 2019
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
AMC CLASSIC – America’s Hometown Theatres. Fun, friendly, local theatres that you can depend on for a great moviegoing experience with value in mind, including annual refillable popcorn buckets!
• Cinetopia Mill Plain 8 in Vancouver will become AMC CLASSIC Mill Plain 8
With this acquisition of theatres, AMC for the first time will be serving movie fans in the Portland area. Also, we are now offering an additional convenient location to serve our guests in the dynamic southwest area of the Kansas City metro. We can’t wait to get to know all the movie lovers in Portland and introduce you to our AMC Stubs loyalty program, including AMC Stubs A-List – which allows you to see up to 3 movies a week for one low monthly rate, as well as our incredibly popular Discount Tuesdays - which gets you into the latest movies for just $5 (+tax) every Tuesday.
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SURROUNDING RETAILER MAP
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PORTLAND, OREGON
METRO POPULATION: 2,389,228
9
HIGHER EDUCATION
SPORTS
Portland, Oregon’s largest city, is located at the confluence of the Willamette and Columbia Rivers. The Portland-Vancouver MSA consists
of four counties: Multnomah, Washington, Clackamas, and Clark County, Washington — On clear days, Mt. Hood towers over Portland,
with its striking snow-capped peak. That breathtaking view is one aspect of what makes the area so unique. It’s a stunning place that
brings together the rugged natural beauty of the Cascades with metropolitan culture and class.
ABOUT CITY OF PORTLAND | 17
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3.8% Metro Unemployment Rate
MAJOR EMPLOYERS
HIGHLIGHTS
Average Annual Salary
Portland Metro: $55,330 | US: $50,620
#8 Best City to Live According to US News
#1 Best Foodie City in America per WalletHub
#5 Best Biking City According to Bicycling Magazine
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Top 15 most educated City in America per Trillist
METRO HIGHLIGHTS
Projected population grown of 4.9% from 2017-2022
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Vancouver is a city on the north bank of
the Columbia River in the U.S. state of Washington,
and the largest suburb of Portland,
Oregon. Incorporated in 1857, it is the fourth
largest city in the state, with a population of
161,791 as of April 1, 2010 census. Vancouver is
the county seat of Clark County and forms part of
the Portland-Vancouver metropolitan area, the
23rd largest metropolitan area in the United States.
Originally established in 1825 around Fort
Vancouver, a fur-trading outpost, the city is located
on the Washington/Oregon border along
the Columbia River, directly north of Portland. In
2005, Money magazine named it No. 91 on its list of
best places in America to live. In 2016, WalletHub
ranked Vancouver the 89th best place in the US for
families to live
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ABOUT VANCOUVER WASHINGTON
$321,200
Median Home Value
$55,593
Median Household
Income
161,791
2010 Population
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