Northmarq, as the exclusive advisor, is pleased to present the opportunity to acquire an industrial property located at 2250 Riley Street in Auburn, Alabama. (“the Property”). The Property consists of a ±158,645-square-foot building on ±25 acres of land. The fully conditioned building consists of warehouse, office and laboratory space that houses the tenant’s molding and coating processes. Additionally, the Property has 48 parking spaces, providing ample parking for a user's employees and trucks.
The Property is conveniently located in one of Auburn's premier industrial parks. Auburn Technology Park West is strategically positioned one (1) mile northwest of Exit 50, which provides direct access to Interstate 85. The park is occupied with several national and international companies based in the United States, Israel, Italy, Germany, Korea, and Portugal with a total employment of 850. The immediate area also features Auburn Technology Park North and South, home to 20 additional national and international companies, employing approximately 2,600 people.
Situated one (1) mile northwest of Exit 50, the Property provides direct East/West access to Interstate 85, a major highway system serving major southeastern metropolitan areas, including: the Greater Richmond Region in Virginia; the Research Triangle, Piedmont Triad, and Charlotte regions of North Carolina; Upstate South Carolina; the Atlanta metropolitan area in Georgia; and the Montgomery metropolitan area in Alabama. This strategic location enables efficient distribution and logistics operations, ensuring seamless connectivity for businesses operating from this site. In a competitive, low vacancy industrial submarket, this opportunity provides a user the flexibility to tailor a functional warehouse to their specific operational requirements. The Property also benefits from a favorable I-Industrial zoning, allowing an array of general uses including construction service, light manufacturing, recycling collection center, research lab, and enclosed & open warehousing, wholesaling, and distribution. The prime location, flexible zoning and versatile layout make this site an attractive option for businesses seeking space.