Triple Net & Movie Gallery

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I am looking at my first NNN purchase. Does anyone have any experience with Movie Gallery as a tenant?
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Comments(3)

  • whatek6th May, 2005

    Movie Gallery is a financially strong, well run Company. I understand that they only issue 7 year leases which impacts financing.

  • rykful29th December, 2006

    sold![ Edited by rykful on Date 01/11/2007 ]

  • mill101230th December, 2006

    Would you be interested in selling movie gallery building for a combination of cash + other property?


    Quote:
    On 2006-12-29 20:24, rykful wrote:
    If anyone here has any interest, I have a portfolio of over 50 Movie gallery stores listed for sale at a 9.24 Cap. New 10 year NNN lease at close of escow, which are corporate guaranteed. A portfolio sale of all the stores will be possible at a higher Cap Rate.


    Let me know!

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