Coldwell Banker Commercial River Valley Manages Sale Of $10M Office Building In Onalaska To Kwik Trip Convenience Store Company
ONALASKA, WIS. (Oct. 11, 2023) – Coldwell Banker Commercial River Valley recently completed the $10 million sale of a three-story, 66,000-square-foot office building located off Interstate 90 in the La Crosse/Onalaska corridor of Wisconsin. Located at 2700 Midwest Drive in Onalaska, the building occupies six acres with an adjoining four acres.
The buyer is Kwik Trip Inc., which will utilize the site for its training department, part of its accounting department and other office employees. However, its corporate headquarters will remain at its current location on the far north side of La Crosse, where the company’s production facilities are also located. Kwik Trip Inc., founded in 1965 and based in La Crosse, operates approximately 880 convenience stores primarily in Wisconsin, Minnesota, and Iowa, but also in the Upper Peninsula of Michigan, Illinois and South Dakota.
Broker/Owner Chuck Olson represented the seller, Ron Houser, owner of Midwest Investment I, LLC. Houser developed the office space from the ground up and began utilizing it in 1993; he later sold the property but reacquired it a few years ago. It was on the market 734 days before finding the right buyer in Kwik Trip.
“This property holds a unique distinction in the local market in that it stands out as one of a few of its class,” said Olson. “With Mr. Houser’s appreciation for and commitment to our community, it was very important to him for the building to be maintained and operated by a locally based company.”
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial River Valley, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.
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