Scott Merkle - Commercial Real Estate Showcase

Scott Merkle Property Listings
Stan Johnson Company
180 Madison Ave
Suite 1500
New York, NY 10016-5267

2306 32nd Avenue S - Carmike 10 Theatre

Grand Forks, ND 58201

Property Type:Retail Sub Type:Movie Theatre Status:Existing Year Built:1993
Building Size:28,528 SF Land Area:6 AC (261,360 SF)
For Sale Price:$4,500,000 Price/SF:$157.74
Cap Rate:7.50 %
Parking:580 Surface spaces are available; 15 Reserved spaces are available

Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified
investors, the opportunity to purchase a Carmike Cinemas
property located at 2306 32nd Avenue South, Grand Forks, North
Dakota (the “Property”).
The Property is +/- 28,528 square feet on 6.0 acres. Carmike
Cinemas is operating under a 30 year base lease term with
over 7 years remaining. The lease is NNN with no landlord

Stan Johnson Company
David Bailey
(646) 778-5560

Scott Merkle
(646) 778-5560

Peter Paladino
(646) 778-5560

John Rotunno
(646) 778-5560

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