Skip to main content

Mixed-Use

Eagle Crossing Center

1907 S College St, Auburn, AL 36830

Listing Price: $5,710,800

Cap Rate
7.06%
Gross SF
29,881
Rentable SF
29,881
Price/Gross SF
$191.12
Lot Size
2.42 acres
Year Built
2001

Investment Overview

Marcus & Millichap is pleased to present for sale this multi-tenant center located at 1907 S College Street Auburn, AL. Auburn is home to Auburn University with a total population of over 64,000. The property consists of a 2.42-acre parcel improved with an approximately 29,881-square foot building. The building has two floors with elevator access. This opportunity consists of a unique mix of medical office tenants, service and food & beverage industries which provides a good hedge over exposure to any one sector. The average rental rate within the center is $19.92/SF on a gross lease basis. The property is a Walmart outparcel close to the exit of Interstate 85 which is a main thoroughfare for Central Alabama connecting Montgomery to Atlanta. The property sits on a strategically situated parcel with three points of ingress and egress. This area experiences daily traffic counts exceeding 31,860.

Investment Highlights

  • 100% OCCUPIED WITH 9 TENANTS
  • 31,600+ VEHICLES PER DAY
  • WALMART OUTPARCEL

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Mixed-Use

Eagle Crossing Center

Listing Price: $5,710,800

Cap Rate
7.06%
Gross SF
29,881
Rentable SF
29,881
Price/Gross SF
$191.12
Lot Size
2.42 acres
Year Built
2001

Investment Highlights

  • 100% OCCUPIED WITH 9 TENANTS
  • 31,600+ VEHICLES PER DAY
  • WALMART OUTPARCEL

Investment Overview

Marcus & Millichap is pleased to present for sale this multi-tenant center located at 1907 S College Street Auburn, AL. Auburn is home to Auburn University with a total population of over 64,000. The property consists of a 2.42-acre parcel improved with an approximately 29,881-square foot building. The building has two floors with elevator access. This opportunity consists of a unique mix of medical office tenants, service and food & beverage industries which provides a good hedge over exposure to any one sector. The average rental rate within the center is $19.92/SF on a gross lease basis. The property is a Walmart outparcel close to the exit of Interstate 85 which is a main thoroughfare for Central Alabama connecting Montgomery to Atlanta. The property sits on a strategically situated parcel with three points of ingress and egress. This area experiences daily traffic counts exceeding 31,860.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

MM Texture Background
MM Textured Background Lower