Shopping Community
Eastdale Plaza - Value Add Opportunity
3470 Eastdale Cir, Montgomery, AL 36117
Listing Price: $3,000,000
Investment Overview
Marcus & Millichap is pleased to present Eastdale Plaza, a 41,800 square foot shopping center built in 1988 and positioned on 6.29 acres. A 1.5 acre pad site is included for future expansion of the shopping center. The subject property is ideally situated near Eastdale Mall, Faulkner University, Auburn University at Montgomery, and Baptist Medical Center East. Eastdale Mall is anchored by JC Penney, Dillard's, and Belk. These nearby institutions provide the property with a permanent location advantage driving traffic and tenant sales.
Eastdale Plaza - Value Add Opportunity
Investment Highlights
- 41,800 Square Foot Value Add Flex Opportunity on 6.29 Acres
- Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
- Ideally situated near Eastdale Mall, Faulkner University, Auburn University at Montgomery, and Baptist Medical Center East.
- A 1.5 acre pad site is included for future expansion of the shopping center.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $3,000,000
Investment Highlights
- 41,800 Square Foot Value Add Flex Opportunity on 6.29 Acres
- Immediate Upside Through Leasing Vacant Units and Raising Rents to Market
- Ideally situated near Eastdale Mall, Faulkner University, Auburn University at Montgomery, and Baptist Medical Center East.
- A 1.5 acre pad site is included for future expansion of the shopping center.
Investment Overview
Marcus & Millichap is pleased to present Eastdale Plaza, a 41,800 square foot shopping center built in 1988 and positioned on 6.29 acres. A 1.5 acre pad site is included for future expansion of the shopping center. The subject property is ideally situated near Eastdale Mall, Faulkner University, Auburn University at Montgomery, and Baptist Medical Center East. Eastdale Mall is anchored by JC Penney, Dillard's, and Belk. These nearby institutions provide the property with a permanent location advantage driving traffic and tenant sales.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
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