Thursday, May 31, 2018

West Ridge Mall - Estimates

A03A Kitchen              6,809 Long Term
A05A Rack Room              6,632 Long Term
A07C The Buckle              5,002 Long Term
A08B American Eagle              5,500 Long Term
B05 Justice              3,982 Long Term
B12A Trade Shoes              1,983 Long Term
B17A Victoria's Secret              4,346 Long Term
B19A Victoria's Secret              4,452 Long Term
Bo6 Lids              1,534 Long Term
C07A Nail Salon                  821 Long Term
C10 Smoothies                  825 Long Term
C11 Cookies                  716 Long Term
C16 Sunglass                  732 Long Term
D07A Kay              1,789 Long Term
D09A Bath N Body              4,055 Long Term
D10 Helzberg              2,093 Long Term
D13 Eddie Bauer              7,682 Long Term
D15 Riddles              1,239 Long Term
D24C Old Navy            22,446 Long Term
E01A Francesca              1,800 Long Term
e03c Icing              1,845 Long Term
E04 Mother Hood                  922 Long Term
E06A Regis              1,691 Long Term
F17 Christopher & Bank              2,865 Long Term
F19A Foot Locker              4,508 Long Term
F21A Zumiez              2,806 Long Term
H05 Spencer              2,111 Long Term
H06B Rue 21              5,065 Long Term
H08 Champs              4,954 Long Term
H09A Game Zone              2,810 Long Term
K14A Topsy's                  803 Long Term
K15 Elegant Nails              1,069 Long Term
K16A Armed Forces Recruiting               4,060 Long Term
Kirkland's              8,500 Long Term
Jock Nitch            10,330 Long Term
Sky Zone            30,000 Long Term
Petland              4,444 Long Term
C18A CJ Banks              3,514 Long Term
K03 Sprint                  780 Long Term
k06 T-Mobile                  982 Long Term
VC01 Subway                -                    817 Long Term
VC02 Express Japan                  490 Long Term
VC04 Kwan                  850 Long Term
VC06 Mexican                   748 Long Term
G05E Maurice's              5,316 Long Term 
G12 Candyoplolis              1,627 Long Term 
G18 Fat Ladies              3,488 Long Term 
G20 Hot Topic              1,460 Long Term 
G21A Zale's              2,202 Long Term 
G23 Yankee Candle              1,571 Long Term 
G24 Tea Room                  671 Long Term 
G25A Charlotte Russe              7,215 Long Term 
Gi7 Journey's              1,288 Long Term 
D05A The Children's Place              3,800 Long Term 
E07 Clair's                  775 Long Term 
         210,815
VC03 Chick Fil A                  778 Mo to MO
K01A Street Corner News                  279 Month to Month
F09 Lens Crafters              4,411 No optometrist
C15A Portraits              4,253 Short Term
G10C Hispanic Market              3,093 Short Term
G28A O Chi Reflexology              1,522 Short Term
H10A Petland Party Room              2,733 Short Term deal
VC 10A Phone Tenant              1,056 Short Term Deal 
F0108 Marshal Arts              4,855 Short term lease
F05 Lazear party room              1,100 Short term lease
F07 Later Tag              5,282 Short term lease
f23 LaRocca              1,509 Short term lease
Fo8 Payless              2,566 Bankrupt
F08 GNC                  794 Closing 600 stores
           34,231
F16A Vacant          1,181
A02 Vacant          3,663
B01 Vacant             854
B02 Vacant             786
B04 Vacant          1,012
B09B Vacant          9,682
C05 Vacant          4,052
C06A Vacant          1,800
C08 Vacant             829
C17 Vacant          1,816
D04 Vacant          1,834
E05 Vacant             687
E08 Vacant          1,257
E09 Vacant             940
E11B Vacant          2,061
F108 Vacant          4,598
G01A Vacant          5,428
G06A Vacant          4,029
G08A Vacant          4,404
G11 Vacant          1,097
H04 Vacant          2,071
K02A Vacant             263
K05 Vacant             605
K07 Vacant          1,020
K08 Vacant          1,194
K108 Vacant          1,540
K14C Vacant          1,940
Vacant  Vacant     112,700
VC09 Vacant             710
Vacant              500
Security           2,200 Security Office 
Totals      176,753          245,046
Total Gross Leasable Area     421,799 100%
Total Long term Lease     210,815 49.98%
Total Short Term Lease        34,231 8.12%
Total Vacant      176,753 41.90%

"Regional malls will surive as long as they evolve? They are still good real estate" = Mace Siegel

On the eve of the West Ridge Mall auction……some random thoughts come to mind. Did Topeka misrepresent itself to the Simon brothers?   Mel ...