Western Hills Mall - Value Add Opportunity
About This Property
Marketing description
Marcus & Millichap is pleased to present Western Hills Mall, a 291,597 rentable 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.
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
Located at the Intersection of Bessemer Highway / US Highway 11 and Aaron Aronov Drive
Recent Capital Improvements Include New HVAC's, Parking Lot, Interior Lights, Parking Lot Lights, and Bathrooms...
Most Vacant Units have been Renovated and Ready to Lease
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