459 Opelika Rd - Auto Repair FOR SALE


Auburn, AL 36830- North Auburn
$2,928,571 USD
332-345-4222
459 Opelika Rd, Auburn, AL for Sale
$2,928,571 USD
Auto Repair - FOR SALE
1/3
null | 7% Cap Rate

459 Opelika Rd
Auburn, AL 36830
North Auburn


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Proximity to Auburn University
  • Strong Population Growth
  • Built-In Customer Base

OVERVIEW

Surmount 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 commenced 2/20/2025. The current annual rent is $205,000 and has scheduled increases of 2.00% annually starting 3/1/2031.

FOR SALE DETAILS

PRICE

$2,928,571 USD

PRICE/SF

$466 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Main Street Auto

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

09-09-29-2-001-139.000

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.