Shopping Regional
Western Hills Mall - Value Add Opportunity
7201 Aaron Aronov Dr, Fairfield, AL 35064
Listing Price: $3,750,000
Investment Overview
Marcus & Millichap is pleased to present Western Hills Mall, a 291,597 square foot recently renovated mall built in 1970 and positioned on 16.3 acres. Western Hills Mall provides the opportunity to acquire a 100% fee simple interest in the areas largest indoor shopping mall located at 7201 Aaron Aronov Drive in Fairfield AL. The offering represents the opportunity for an investor to acquire a well located, value add property serving the western Birmingham sub markets. for a fraction of the replacement cost.
Western Hills Mall - Value Add Opportunity
Investment Highlights
- 43.9% Occupied Regional Mall With Huge Upside
- 291,597 Total Rentable Square Feet on 16.3 Acres
- Opportunity to Acquire a Substantial Piece of Real Estate for a Fraction of the Replacement Cost
- Ideally Located at the Intersection of Bessemer Highway / US Highway 11 and Aaron Aronov Drive
- Recent Capital Improvements Include New HVAC, Parking Lot, Interior Lights, Parking Lot Lights, and Bathrooms...
- Most Vacant Units have been Renovated and Ready to Lease
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Shopping Regional
Western Hills Mall - Value Add Opportunity
Listing Price: $3,750,000
Investment Highlights
- 43.9% Occupied Regional Mall With Huge Upside
- 291,597 Total Rentable Square Feet on 16.3 Acres
- Opportunity to Acquire a Substantial Piece of Real Estate for a Fraction of the Replacement Cost
- Ideally Located at the Intersection of Bessemer Highway / US Highway 11 and Aaron Aronov Drive
- Recent Capital Improvements Include New HVAC, Parking Lot, Interior Lights, Parking Lot Lights, and Bathrooms...
- Most Vacant Units have been Renovated and Ready to Lease
Investment Overview
Marcus & Millichap is pleased to present Western Hills Mall, a 291,597 square foot recently renovated mall built in 1970 and positioned on 16.3 acres. Western Hills Mall provides the opportunity to acquire a 100% fee simple interest in the areas largest indoor shopping mall located at 7201 Aaron Aronov Drive in Fairfield AL. The offering represents the opportunity for an investor to acquire a well located, value add property serving the western Birmingham sub markets. for a fraction of the replacement cost.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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