Value-Add Regional Mall | La Crosse WI

Highlights:

• Only Game in Town: Valley View Mall is the only enclosed regional mall within 70 miles, making it the central retail hub.
• Regional Draw: Located near the Wisconsin-Minnesota border, the Mall attracts cross-border shoppers and serves as a regional hub.
• Grocery Store Diversity: Hy-Vee anchors the Mall, attracting over 2.7 million visits since October 2022, boosting foot traffic.
• Unique Tenant Lineup: The Mall has a diverse tenant mix, including JCPenney, a tenant since 1980.
• Value-Add Potential: The Mall offers acquisition and redevelopment opportunities, with the former Macy’s space ready for transformation.
• Value Enhancement: With net operating income of $2.1 million, the Mall offers redevelopment and enhancement opportunities funded by free cash flow.

Description:

RI Marketplace Online Auction May 5-7, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2444/value-add-regional-mall-la-crosse-wi?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2444

Newmark, along with RealINSIGHT Marketplace, is pleased to present for sale to qualified investors the opportunity to acquire Valley View Mall (the “Property” or “Mall”), a regional mall located in La Crosse, WI, approximately four miles from the Wisconsin-Minnesota border. The Property consists of approximately 561,646 square feet of gross leasable area (307,182 SF, Owned), situated on 36.1 acres (Owned) in Western Wisconsin. The Property is anchored by JCPenney (96,357 SF), Hy-Vee’s (113,252 SF, Unowned), and a vacant former Macy’s (100,000 SF, unowned). These anchors are complemented by Barnes & Noble (30,701 SF), along with a well-curated mix of national and regional inline retailers including Buckle, American Eagle Outfitters, Claire’s, and Famous Footwear. The Property is 71.2% leased as of November 2024, representing an attractive value-add investment opportunity. This offering represents a unique opportunity to acquire an established regional shopping destination at an attractive basis with numerous avenues of value enhancement.

Valley View Mall is the dominant enclosed retail center within an expansive trade area, spanning over 70 miles, that serves a population north of 400,000 residents. The Property is conveniently located on State Highway 16, less than four miles from the Mississippi River and the Minnesotan city of La Crescent, and just 150 miles southeast of Minneapolis. The Mall benefits from its close proximity to several major roadways, which provides a significant amount of transient traffic to the area in addition to the trade area residents.

Lamar P. Fisher
Fisher Auction Company Inc.
License: 2876-52

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