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.