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2328 S College Street - Village at Parkson Mill - Parkerson Mill, Auburn, AL

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2328 S College Street - Village at Parkson Mill - Parkerson Mill

Auburn, AL 36832-6904 - Lee County Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:2000
Building Size:19,350 SF Land Area:2.7 AC (117,612 SF)
For Sale Price:$13,450,000 Price/SF:$695.09
Cap Rate:2.00 %

Sale Notes:
Income Producing Property - The Village at Parkerson Mill, built in 2000, and the Parkerson Mill office Duplex, built in 1956 and restored in 2000, has been kept leased and well maintained well by the current owners. The property is currently 100% leased. Interstate Location - Parkerson Mill is located at the busiest Interstate interchange in Auburn - the primary exit to Auburn University and Downtown Auburn. Expansion Opportunity - Additional acreage is available to expand, with excellent Interstate frontage and visability. The additional property is approximately 136 acres. Cap is reflective of NOI for Retail Center and Office Duplex ONLY. Loopnet requires this field to be completed...difficult with all property included in sale.

S College Street at the Exit 51 Interchange of Interstate 85, Auburn, Alabama. Property fronts S College, with over 2000' of frontage on Interstate 85.

BHHS Commercial Real Estate
Lee Alice Johnson
(334) 826-1010

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