REIT Sale | AMC Theatres | $585,284 Annual Rent NNN | 8+ Years Remaining | Green Bay, WI MSA

2555 S 44th St, Manitowoc, WI 54220

Property Information

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 35,386 SF
  • Lot Size 7.4 Acre
  • Parking Spaces Avail. 454
  • Parking Ratio 12.83 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 2014
  • Date Updated Jun 9, 2026

Description

 Investment Highlights

  • Income-Producing AMC Theatres Manitowoc 10: ±35,386 SF single-tenant cinema currently generating $585,284 in annual rental revenue with lease term through June 2034.
  • 8+ Years Remaining with Built-In Rent Growth: Lease features 5% rent escalations every five years, with rent scheduled to increase to $614,301 annually during the next rent step.
  • Two 5-Year Renewal Options: Tenant has two additional five-year renewal options, providing potential long-term occupancy and continued income beyond the base lease term.
  • Absolute NNN Lease Structure: Lease is absolute NNN in nature, with roof and structure reported as tenant responsibilities and limited landlord obligations.
  • Large-Format Entertainment Asset on Expansive ±7.4 AC Parcel: Purpose-built, 10-screen theater with ±35,386 SF of improvements, ±454 parking spaces, and a large underlying land position.
  • Strategic Manitowoc Retail Corridor Location: Located just off US-151 and near I-43 within Manitowoc’s primary retail, dining, hotel, and entertainment corridor, surrounded by Lowe’s, Walmart, Menards, Aldi, Kohl’s, Meijer, TJ Maxx, Hampton Inn, Holiday Inn, Quality Inn, and numerous QSRs.
  • Green Bay MSA / Northeast Wisconsin Location: Positioned approximately 40 minutes from Green Bay, with access to a stable Lake Michigan trade area supported by manufacturing, logistics, port activity, and regional retail demand.
  • Attractive Demographics with 5-Mile Population of ±37,053 and Average Household Income of ±$83,051
  • Lamar P. Fisher Fisher Auction Company Inc. License: 2876-52. Starting Bid $500,000. 

Contacts

Location

Located at 2555 S 44th St, Manitowoc, WI 54220, this property is part of the Manitowoc neighborhood.

Contact Listing Broker
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