Want To Own An IMAX Theatre?
Jan. 30, 2019
The building that houses Traverse City's AMC Cherry Blossom 14 movie theatre, including an IMAX screen, is for sale for $18,959,000. The purchase would land you ownership of the property and the 59,429 square foot building. You'll have one tenant -- AMC Theatres, which is under contract to rent the facility for roughly another 17 years.
SRS Real Estate Partners out of Troy, Mich. has the building now listed for sale. The listing says the AMC lease is "corporate guaranteed by AMC Entertainment Holdings, Inc...with zero landlord responsibilities."
The theatre is part of the Buffalo Ridge development, where Hobby Lobby will soon open its new store.
Comment
Garfield Township Updates: YMCA Expansion, High Tops, Oleson Property
Read More >>Join Us for a Special December Recess of Giving at the TC Phil!
Read More >>Northern Michigan's Toys for Tots Network Braces for Record Need
Read More >>DDA Board Approves Farmers Market Design, Two-Way State Street, Rotary Square Engineering
Read More >>
Man Arrested for Attempted Abduction at Meijer Gas Station
Read More >>Kingsley Had A Big Sports Weekend
Read More >>Developments Move Forward in Boardman Lake District
Read More >>Munson Awarded $2.5 Million Grant for Homelessness Care
Read More >>Developer Pulls Plug on Kalkaska Data Center
Read More >>County Commissioners Talk Silver Lake Levels, Project Funding
Read More >>