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.