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IMAX Cinema Ground Lease
For Sale
$6,657,777

8251 Trillium Cir Ave, Grand Blanc, MI 48439

Triple-net theater lease with a guaranteed term and substantial parking serving a regional retail and medical corridor.

Property Size59,049 SF
Lot Size8.30 Acres
Price / SF$112.75
Days on Market8

Property Features for 8251 Trillium Cir Ave

General Information

Standard status Active
Size 59,049 SF
Total Parking Spaces 600
Lot size 8.30 Acres
Property subtype Movie Theater

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Cap Rate 9%

Amenities

Long-Term Triple-Net Ground Lease *The NCG Ground Lease is for the Parking Lot Required for their Building | NCG Owns the Building Pad (Building Pad is NOT Included in the Sale)
11 Years Remaining | Original 30-Year Lease 10% Rent Increase on 5/15/2031
NCG Cinema is an Independent, Family-Owned Business with 26 Locations Across 9 States | Nearest NCG: 24 Miles NCG Sales Currently on Track to Increase 15.5%+ Compared with 2025
Ranks in the Top 10% of All NCG Cinemas Nationwide Top 13% of All NCG Locations in Michigan NCG Grand Blanc is the Only IMAX in the Flint/Genesee Area 11 Total IMAX Locations in Michigan | Nearest IMAX: 25 Miles
Theater Amenities: 284-Seat IMAX Auditorium with 4.5 Story Screen & 12,000 Watts of Digital Sound 14 Additional Screens | 1,886 Seats Combined
Strong Retail Market: 3.3 Million SF of Retail within a 5-Mile Radius | 97.3% Occupancy Rate Notable Nearby Retailers: Kroger, Walmart, Sam's Club, Kohl's, PetSmart, Aldi, & Others
2 Miles from Ascension Genesys Hospital (412 Beds | 24/7 ER | Level II Adult Trauma Center)
Immediate Access to Interstate-75 (65,272 VPD) Demographics: 67,900 Residents $94,800 Average Household Income within a 5-Mile Radius

Building Details

Building Size 59,049 SF
Tenancy Single
Listing Agency: Detroit Office
Listed By: Darin Gross · License #License(s): MI: 6501384871
Source: Marcusmillichap
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 29 at 10:43AM

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 Detroit Office

Investment Insights

Based on property information with market context.

This theater property includes an IMAX auditorium with 284 seats, a 4.5-story screen, and 12,000 watts of digital sound, plus 14 additional screens. Total seating capacity is 2,170. The site encompasses 8.30 acres and provides approximately 600 parking spaces. The ground lease is structured on a triple-net basis, guaranteed by NCG Cinemas, Inc., with 11 years remaining on the original 30-year term. A 10% rent increase is scheduled for May 15, 2031.

The property is located on Holly Road in Grand Blanc, Michigan, with reported traffic of 21,438 vehicles per day and access to Interstate 75, which carries more than 65,000 vehicles daily. Surrounding uses include medical and professional offices, residential neighborhoods, and retailers including Kroger, Walmart, Sam’s Club, Kohl’s, PetSmart, and Aldi. The site is two miles from Ascension Genesys Hospital and near McLaren Health Care Corporate Headquarters.

Key Highlights

  • 284‑seat IMAX auditorium with a 4.5‑story screen and 12,000 watts of digital sound
  • 14 additional screens and total theater seating capacity of 2,170
  • 8.30‑acre site with approximately 600 parking spaces

Property Analytics

Current Use

Buffalo Wild Wings Restaurant Froyo Nation Cafe & Coffee Shop Cardtronics ATM Atm

Suggested Use

Top Pick Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 48439, MI

51,719
Population
22,101
Households
2.3
Avg Household Size
41
Median Age
43%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
949
Density / Sq Mi
$88,505
Median Household Income
$47,506
Median Earnings
$1,035
Median Rent
$250,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Triple-net theater lease with a guaranteed term and substantial parking serving a regional retail and medical corridor.
Where is this theater & concert hall located?
The property is located at 8251 Trillium Cir Ave Grand Blanc, MI.
What is the asking price?
The asking price for this property is $6,657,777.
What are key features of this property?
This property features: 284‑seat IMAX auditorium with a 4.5‑story screen and 12,000 watts of digital sound; 14 additional screens and total theater seating capacity of 2,170; 8.30‑acre site with approximately 600 parking spaces
More about this property
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