Property Listing No Longer Available for Sale

500-634 East Patton Avenue

Montgomery, AL

Retail for Sale - $2,500,000 - 101,952 Sq. Ft. on 13.11 acres


Property Info

CIMLS#968408
Location
  500-634 East Patton Avenue
  Montgomery AL 36111
UpdatedFebruary 13th, 2018
TypeRetail
Price$2,500,000
Building101,952 Sq. Ft.
Land13.11 acres

Property Description

Normandale Shopping is a largest and well maintained historical mall which is located south of downtown Montgomery a new $1 billion Hyundai plant providing thousands of jobs in the immediate area MONTGOMERY, Alabama -- Workers at Hyundai's Montgomery auto assembly plant built 32,384 vehicles in July, and the company plans two working Saturdays this month to keep pace with demand.

The Property proximity to downtown Montgomery affords it easy access to area expressways, shopping, parks and other recreational areas. The Hyundai plant added 10,000 jobs when built and Last month, workers produced 20,910 Sonata sedans and 11,474 Elantra compacts. The total is a 9.6 percent growth over the amount of vehicles assembled at the plant in July 2013. Normandale is situated just 5 minutes from two country clubs, Huntington College, Baptist Medical Center South and is only 15 minutes from Maxwell Air force Base. The surrounding neighborhood benefits from connecting roads, schools, churches and community services.a great opportunity for this Normandale Shopping Mall all it needs a strong management.

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Location Description:

Montgomery Alabama is The Top 5 auto-producing state, will become an even more important center of auto manufacturing in the United States.

All three automakers with assembly operations in Alabama set production records in 2012, combining for an annual tally exceeding 880,000. That record almost certainly will be eclipsed this year, thanks to the expansion projects. The Mercedes-Benz plant in Vance, for instance, is in the midst of a $2.4 billion expansion, which is drawing new suppliers into its orbit and further extending Alabama


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