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Main Street Auto 459 Opelika Rd

6,278 SF Retail Building Auburn, AL 36830 $2,357,143 ($375/SF) 7% Cap Rate

Retail Space Alabama Auburn 459 Opelika Rd, Auburn, AL 36830

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease At closing the tenant will execute a brand new 20-year absolute triple-net lease.
  • Corporate Guarantee The lease will be subject to a strong corporate guarantee from Main Street Auto.
  • Attractive Rental Increases The lease will feature 2.00% rental increases annually.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Main
Street Auto located at 459 Opelika Rd, Auburn, AL 36830. The
site consists of roughly 6,278 rentable square feet of building
space on an estimated 0.71-acre parcel of land. This Main Street
Auto is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$165,000 and has scheduled increases of 2.00% Annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,278 SF
Building Class
C
Year Built/Renovated
1957/1976
Price
$2,357,143
Price Per SF
$375
Cap Rate
7%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.71 AC
Parking
5 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
135 FT on Opelika Road
1 of 1
459 Opelika Rd, Auburn, AL - aerial map view
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Truist
Cadence Bank
MidSouth Bank
Caribou Coffee
Chase
Five Guys
Regions Bank
PNC Bank
Publix
Moe's Original BBQ

PROPERTY TAXES

Parcel Number 09-09-29-2-001-139.000 Improvements Assessment $41,356
Land Assessment $24,520 Total Assessment $65,876

PROPERTY TAXES

Parcel Number
09-09-29-2-001-139.000
Land Assessment
$24,520
Improvements Assessment
$41,356
Total Assessment
$65,876
(332) 345-4222

Contacts

  • Listing ID: 33087853

  • Date on Market: 9/6/2024

  • Last Updated:

  • Address: 459 Opelika Rd, Auburn, AL 36830

More public record information on 459 Opelika Rd, Auburn, AL 36830

The Retail Property at 459 Opelika Rd, Auburn, AL 36830 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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459 Opelika Rd, Auburn, AL for sale Primary Photo- Image 1 of 3
459 Opelika Road, Auburn, AL - Main
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Main Street Auto | 459 Opelika Rd
(332) 345-4222 x

Main Street Auto | 459 Opelika Rd

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(203) 253-9455

(203) 253-9455

Francis Purritano

(332) 345-4311

(332) 345-4311

Howie Curd

(332) 345-4339

(332) 345-4339

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