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2555 S 44th St
Manitowoc, WI 54220

$500,000 USD

Movie Theatre For Sale  •  35,386 SF

Property Details

  • Property Type Movie Theatre
  • Total Building Size 35,386 SF
  • Lot Size 7.4 AC
  • Building Class C
  • Year Built 2014
  • Tenancy Single
30 Walk Score

Highlights

STARTING BID $500,000 | AMC Theatres | $585,284 Annual Rent | 8+ Years Remaining | Green Bay, WI MSA | AUCTION JULY 13-15
Income-Producing AMC Theatres Manitowoc 10: ±35,386 SF single-tenant cinema currently generating $585,284 in annual rental revenue with lease term
8+ Years Remaining with Built-In Rent Growth: Lease features 5% rent escalations every five years, with rent scheduled to increase to $614,301 annual
Two 5-Year Renewal Options: Tenant has two additional five-year renewal options, providing potential long-term occupancy and continued income beyond
Absolute NNN Lease Structure: Lease is absolute NNN in nature, with roof and structure reported as tenant responsibilities and limited landlord obliga
Large-Format Entertainment Asset on Expansive ±7.4 AC Parcel: Purpose-built, 10-screen theater with ±35,386 SF of improvements, ±454 parking spaces

Amenities

  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 400
Type: Surface
Included in Rent: Yes
Kyle Hynes 617-699-0128 Marcus & Millichap
Kyle Hynes 617-699-0128 Marcus & Millichap