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1645 N Spring St
Beaver Dam, WI 53916
Heritage Village Mall · Commerce de détail Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Partially completed regional mall redevelopment anchored by Ross, Marshall's, Five Below, Staples, Shoe Sensation and Dunham's
- Development opportunity includes a 14,250 sf JoAnn vacancy, a 25,000 interior area and potential parking lot development.
- Property is located within TIF District #8, open for 8 additional years.
RÉSUMÉ DE L'ANNONCE
Heritage Village Mall is a regional mall in Beaver Dam, Wisconsin that has undergone a partial redevelopment. The existing Owners are soliciting Offers for an active investor/redeveloper to complete the full redevelopment.
Existing national credit retailers include, Marshall’s, Ross Dress For Less, Five Below, Staples, Dunham’s, Shoe Sensation and Harbor Freight.
Development opportunities include re-leasing a former 14,250 sf JoAnn premise, redeveloping the approximate 25,000 sf interior atrium portion and creating new development on an underused parking field.
• 75% completed mall redevelopment.
• Current gross income of $1,183,737
• 2024 Actual Expenses of $283,892
• One in-line 14,250 sf vacancy of a former JoAnn and a roughly 25,000 sf interior atrium in need of rehabilitation for new tenant(s).
• Some deferred maintenance of parking lot and roof areas above interior mall. PCR can be provided.
• Flexible Commercial Zoning.
The Property is currently in Tax Incremental Finance District No. 8, which has 8 more remaining years of life.
Existing national credit retailers include, Marshall’s, Ross Dress For Less, Five Below, Staples, Dunham’s, Shoe Sensation and Harbor Freight.
Development opportunities include re-leasing a former 14,250 sf JoAnn premise, redeveloping the approximate 25,000 sf interior atrium portion and creating new development on an underused parking field.
• 75% completed mall redevelopment.
• Current gross income of $1,183,737
• 2024 Actual Expenses of $283,892
• One in-line 14,250 sf vacancy of a former JoAnn and a roughly 25,000 sf interior atrium in need of rehabilitation for new tenant(s).
• Some deferred maintenance of parking lot and roof areas above interior mall. PCR can be provided.
• Flexible Commercial Zoning.
The Property is currently in Tax Incremental Finance District No. 8, which has 8 more remaining years of life.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Grand magasin
Taille du bâtiment
197 278 pi²
Classe d’immeuble
B
Année de construction
1980
Pourcentage loué
75%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,23
Taille du lot
20,04 AC
Zonage
Commercial
Stationnement
1 360 places (6,89 places par 1 000 pi² loué)
Façade
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 7 337 457 $ CAD | |
| Évaluation du terrain | 2 826 900 $ CAD | Évaluation totale | 10 164 357 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 826 900 $ CAD
Évaluation des bâtiments
7 337 457 $ CAD
Évaluation totale
10 164 357 $ CAD
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