Block & Company sells Walmart Supercenter anchored center in Chanute, KS

June 17, 2016

Block & Company, Inc., Realtors recently sold a 15,447 square-foot retail strip center in Chanute, Kansas for in excess of $1.5 million. The 92% occupied Walmart Supercenter anchored center is located at 2502-2510 Santa Fe and includes tenants such as the Shoe Department, Billy Sim's BBQ, Maurices, and GNC.

David M. Block and Max DiCarlo of Block & Company, Inc., Realtors represented the seller, Bloomfield 2005 LLC and Metcalf Arlington SPE LLC. Block & Company, Inc., Realtors was also the management company for the shopping center.

This will be Block & Company's 7th shopping center sale in the past year of the original 13 center portfolio assignment. Block & Company, Inc., Realtors recently sold six other centers in Decatur, IL, Owosso, MI, Huntington, IN, Jacksonville, IL, Mansfield, OH, and Stugis, MI on behalf of the same ownership group and is currently listing the remaining six Walmart Supercenter Shadow Anchored centers for sale in five states throughout the Midwest.