Leased 10-Screen Cinema
2555 S 44TH ST Manitowoc, WI 54220
2555 S 44TH ST, Manitowoc, WI, 54220
Contact for pricing
For Sale
Contact for pricing
Single-tenant cinema on a large parcel, operated under an absolute NNN lease with substantial remaining term.
Property Size35,386 SF
Lot Size7.40 Acres
Price / SF$14.13
Days on Market53
Property Features for 2555 S 44TH ST
General Information
- Standard status
- Active
- Size
- 35,386 SF
- Lot size
- 7.40 Acres
- Property subtype
- Retail, Industrial, Special Purpose
Building Details
- Year Built
- 2014
Listing agency
Marcus & Millichap - Fort Lauderdale
Listed by
Philip Kates · License #FL 3235872
Source
Crexi
Added: May 31 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The property is a single-tenant cinema totaling approximately 35,386 square feet, built in 2014 and operating as a 10-screen theater. The site sits on an approximately 17.4-acre parcel and includes substantial parking. The asset is currently leased to AMC and is structured as an absolute NNN lease, with roof and structure responsibilities and tenant obligations clearly defined in the lease terms, while liability insurance is an owner responsibility.
The property is located at 2555 S 44th Street in Manitowoc, Wisconsin, just off US-151 and near I-43. It sits within Manitowoc’s west-side retail and entertainment corridor and benefits from proximity to a mix of national retailers, hotels, restaurants, and quick-service dining. Additional regional context includes access to the Green Bay area and broader Northeast Wisconsin demand drivers referenced in the offering.
For buyers or investors seeking a leased entertainment asset, the current AMC lease includes scheduled rent growth with 5% escalations every five years, along with two five-year renewal options. With more than eight years of remaining lease term described in the remarks, this setup provides a long-term income profile tied to contractual lease provisions. The combination of the operating theater, ample site size, and the absolute NNN structure can support an ownership profile with limited landlord obligations.
The property is located at 2555 S 44th Street in Manitowoc, Wisconsin, just off US-151 and near I-43. It sits within Manitowoc’s west-side retail and entertainment corridor and benefits from proximity to a mix of national retailers, hotels, restaurants, and quick-service dining. Additional regional context includes access to the Green Bay area and broader Northeast Wisconsin demand drivers referenced in the offering.
For buyers or investors seeking a leased entertainment asset, the current AMC lease includes scheduled rent growth with 5% escalations every five years, along with two five-year renewal options. With more than eight years of remaining lease term described in the remarks, this setup provides a long-term income profile tied to contractual lease provisions. The combination of the operating theater, ample site size, and the absolute NNN structure can support an ownership profile with limited landlord obligations.
Key Highlights
- Single‑tenant AMC Classic Manitowoc 10 cinema built in 2014
- 10‑screen theater totaling 35,386 SF on a 17.4‑acre parcel
- Currently leased to AMC with $585,284 in annual rental revenue and more than 8 years of remaining term
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AMC CLASSIC Manitowoc ...
Cinema
Similar For Sale Nearby
FAQs
What type of property is this?
Theater & concert hall - Single-tenant cinema on a large parcel, operated under an absolute NNN lease with substantial remaining term.
Where is this theater & concert hall located?
The property is located at 2555 S 44TH ST Manitowoc, WI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Single‑tenant AMC Classic Manitowoc 10 cinema built in 2014; 10‑screen theater totaling 35,386 SF on a 17.4‑acre parcel; Currently leased to AMC with $585,284 in annual rental revenue and more than 8 years of remaining term
