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2555 S 44th St
Manitowoc, WI 54220
Auction -REIT Sale | AMC | $585K Annual Rent · Retail Property For Sale
Investment Highlights
- STARTING BID $500,000 | AMC Theatres | $585,284 Annual Rent | 8+ Years Remaining | Green Bay, WI MSA | AUCTION SEPTEMBER 22-24
- 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
- Absolute NNN Lease Structure: Lease is absolute NNN in nature, with roof and structure reported as tenant responsibilities and limited landlord obliga
- Income-Producing AMC Theatres Manitowoc 10: ±35,386 SF single-tenant cinema currently generating $585,284 in annual rental revenue with lease term
- Two 5-Year Renewal Options: Tenant has two additional five-year renewal options, providing potential long-term occupancy and continued income beyond
- Large-Format Entertainment Asset on Expansive ±7.4 AC Parcel: Purpose-built, 10-screen theater with ±35,386 SF of improvements, ±454 parking spaces
Property Facts
Property Type
Retail
Property Subtype
Movie Theater
Building Size
35,386 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
7.40 AC
Parking
400 Spaces (8.58 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 052-835-401-021.00 | Improvements Assessment | $2,661,500 |
| Land Assessment | $948,000 | Total Assessment | $3,609,500 |
Property Taxes
Parcel Number
052-835-401-021.00
Land Assessment
$948,000
Improvements Assessment
$2,661,500
Total Assessment
$3,609,500
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