Bankruptcy Sale – Profitable Retail Shopping Centers in Iowa & Wisconsin

IMMEDIATE ACTION REQUIRED
OFFERS CURRENTLY BEING CONSIDERED

Situation Overview

Keen-Summit Capital Partners has been engaged by C. Randel Lewis, Examiner for the Craig J. Walker and Susan Ann Walker bankruptcy estate and the Walker III-Voss, LLC bankruptcy estate, as its exclusive real estate broker for the sale of two shopping mall properties, 2900 S Main Street, Rice Lake, WI (Rice Lake Cedar Mall) and 803, 901 & 1003 Kelly St, Charles City, IA (Charles City Cedar Mall).

The sale of the Properties are subject to approval by the Bankruptcy Court.

 

Area Overview

Charles City Cedar Mall, a 100% occupied retail center, is located in the commercial area of Charles City, IA, surrounded by store fronts, banks, post office, local restaurants, North Iowa Area Community College and Charles City Public Library.

Rice Lake Cedar Mall is located across from Best Western Inn, surrounded by other commercial properties, industrial/manufacturing facilities to the south.

  • Herberger's - Image
  • Cedar Mall Rice Lake, WI - CoStar Image
  • Charles City - Theisen's
  • Charles City - Hy-Vee Stor1074c

 Property Highlights

CHARLES CITY CEDAR MALL – CHARLES CITY, IA

  • 100% Occupied – Hy-Vee and Theisen’s
  • 89,532 sq. ft. single story multi-tenant retail strip center
  • Built in 2004
  • 4.75 acres

RICE LAKE CEDAR MALL – RICE LAKE, WI

  • 194,255 sq. ft. single story retail building – Multi-Tenant Herberger’s & Dunham’s Sports, plus 19 others
  • Built in 1977
  • 1.18 acres

Contact:

Christopher Mahoney
(646) 381-9205

Heather Milazzo
(646) 381-9207