Marcel Contraband Pointe 3093 Contraband Pkwy Park 60,000 SF 100% Leased Retail Building Lake Charles, LA 70601 $20,863,210 CAD ($347.72 CAD/SF)

Sale under supervision of the United States Bankruptcy Court for the Western District of Louisiana.
BID PROCEDURES SUMMARY
Property for Sale
Approximately 8.6 acres of mixed-use commercial real estate at the intersection of Nelson Road and Contraband Bayou in Lake Charles, Louisiana. Sale free and clear of all liens pursuant to bankruptcy court approval.
Minimum Bid Requirements
Stalking Horse Bid: $15,000,000.00 (First Federal Bank of Louisiana)
Minimum Opening Bid: $15,130,000.00
Minimum Bid Increases: $50,000.00 increments
Required Deposit
$100,000 cash deposit OR irrevocable letter of credit, held in escrow at Gold Weems IOLTA Account
Key Dates & Deadlines
Qualified Bid Deadline: January 21, 2026, 5:00 PM CT
Auction (if required): January 28, 2026, 10:30 AM CT
Location: Gold Weems, 2001 MacArthur Drive, Alexandria, LA 71301
Qualified Bidders must attend in person or request a zoom link from Mr. Drell

Sale Hearing: February 4, 2026, 10:30 AM CT
Closing: February 11, 2026
Bid Package Must Include
Signed binding purchase agreement
$100,000 good faith deposit
Contact information for authorized representative
Written evidence of financial capacity/commitment for financing (not subject to conditions)
Board resolution or similar authority document
Contact for Due Diligence & Bid Submission
Bradley L. Drell
Gold, Weems, Bruser, Sues & Rundell
Email: bdrell@goldweems.com
Phone: (318) 445-6471
Important Notes
All bids are binding and irrevocable
Bidders must have completed due diligence before submitting bid
If only one qualified bid received, no auction will be held
Bankruptcy Court approval required
Complete Bid Procedures available in documents section