2111 E University Dr
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2111 E University Dr
84,000 SF Retail Building Auburn, AL 36830 £6,236,059 (£74/SF)
Virtual Tour
Investment Highlights
- Reimagine an 84,000-square-foot commercial site at 2111 E University Drive, home to a 14-screen theater in Auburn’s bustling commercial sector.
- With 490 parking spaces, multiple access points, and a signalized intersection with a dedicated turn lane, the property is easily accessible.
- This opportunity is in one of Alabama’s fastest-growing cities, with a 43% population surge since 2010, projected to grow by nearly 9% by 2029.
- Situated on a 7.66-acre lot with exceptional visibility and approximately 23,000 daily vehicle impressions, offering unparalleled exposure to patrons.
- Near Auburn University, East Alabama Medical Center, and affluent neighborhoods, the property benefits from proximity to key employers and retailers.
- This rare offering includes the sale of the real estate only; the business currently operating within the property is not part of the transaction.
Executive Summary
Unlock the potential of a prime 7.66-acre site in Auburn’s bustling commercial corridor. Located at 2111 E University Drive, this property offers countless possibilities for businesses seeking to occupy an existing structure or reimagine the site entirely. Currently home to a 14-screen AMC Theatre, the property features an 84,000-square-foot building with a 72,000-square-foot main floor and 12,000 square feet of mezzanine space. 2111 E University Drive's greatest opportunity lies in its redevelopment potential, whether by transforming the existing structure or clearing the site for an exciting new venture. Possibilities range from self-storage facilities to an indoor sports complex, with endless options for the site’s future.
This highly visible location offers outstanding access, positioned at the signalized intersection of E University Drive and Opelika Road, with approximately 23,000 vehicles passing daily. Multiple ingress and egress points, 490 parking spaces, and proximity to Auburn University and East Alabama Medical Center (EAMC) make this a prime location for various businesses.
Adjacent to the Auburn Mall and with nearby national retailers like Walmart Supercenter, Starbucks, and CVS, the well-positioned property is in a region with a rapidly growing economy. Within a 5-mile radius, the area boasts $1 billion in annual consumer spending, expected to increase by 8.9% by 2029. Auburn’s population surged by 43% from 2010 to 2020, signaling continued growth and demand for new developments.
2111 E University Drive presents a rare opportunity to acquire prime real estate in one of Alabama’s fastest-growing cities. Whether the goal is to occupy an existing building or redevelop the entire lot, this property offers unparalleled potential in a dynamic, high-traffic location.
Please note: This offering is for the real estate only; the current business operations are not for sale.
This highly visible location offers outstanding access, positioned at the signalized intersection of E University Drive and Opelika Road, with approximately 23,000 vehicles passing daily. Multiple ingress and egress points, 490 parking spaces, and proximity to Auburn University and East Alabama Medical Center (EAMC) make this a prime location for various businesses.
Adjacent to the Auburn Mall and with nearby national retailers like Walmart Supercenter, Starbucks, and CVS, the well-positioned property is in a region with a rapidly growing economy. Within a 5-mile radius, the area boasts $1 billion in annual consumer spending, expected to increase by 8.9% by 2029. Auburn’s population surged by 43% from 2010 to 2020, signaling continued growth and demand for new developments.
2111 E University Drive presents a rare opportunity to acquire prime real estate in one of Alabama’s fastest-growing cities. Whether the goal is to occupy an existing building or redevelop the entire lot, this property offers unparalleled potential in a dynamic, high-traffic location.
Please note: This offering is for the real estate only; the current business operations are not for sale.
Sale Flyer
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
84,000 SF
Building Class
C
Year Built
1999
Price
£6,236,059
Price Per SF
£74
Tenancy
Single
Number of Floors
1
Building FAR
0.25
Land Acres
7.61 AC
Zoning
CRD-S - Corridor Redevelopment District - Suburban
Frontage
745 ft on E University Drive
Amenities
- Mezzanine
- Pylon Sign
- Signage
- Storage Space
- Air Conditioning
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
7,046
49,126
93,381
113,670
2029 Population
7,552
53,392
101,692
123,556
2024-2029 Projected Population Growth
7.2%
8.7%
8.9%
8.7%
Median Age
33.2
29.4
29.7
31.2
College Degree + Higher
43%
46%
46%
25%
Daytime Employees
4,804
31,050
42,841
51,398
Total Businesses
693
3,215
4,538
5,230
Average Household Income
$68,233
$67,810
$72,945
$71,873
Median Household Income
$49,146
$44,373
$48,267
$48,331
Total Consumer Spending
$74.2M
$544.3M
$1B
$1.3B
2024 Households
3,067
20,864
37,423
45,733
Average Home Value
$261,338
$303,590
$301,812
$291,502
$ values in USD
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Culver's | - | - | 7 min walk |
| Teriyaki Express | - | - | 8 min walk |
| Chick-Fil-A | - | - | 8 min walk |
| Starbucks | Cafe | £ | 10 min walk |
| Applebee's | American | £££ | 11 min walk |
Retail |
||
|---|---|---|
| Ace Hardware | Hardware | 2 min walk |
| Dillard's | Dept Store | 6 min walk |
| T-Mobile | Wireless Communications | 8 min walk |
| Eyemart Express | Optical | 8 min walk |
| Walmart Neighborhood Market | Supermarket | 9 min walk |
Hotels |
|
|---|---|
| Hilton Garden Inn |
101 rooms
8 min drive
|
| Home2 Suites by Hilton |
81 rooms
11 min drive
|
| Hampton by Hilton |
83 rooms
12 min drive
|
| Marriott |
221 rooms
16 min drive
|
| Tru by Hilton |
98 rooms
16 min drive
|
PROPERTY TAXES
| Parcel Number | 09-05-21-2-000-001.006 | Improvements Assessment | £1,020,009 |
| Land Assessment | £338,034 | Total Assessment | £1,358,043 |
PROPERTY TAXES
Parcel Number
09-05-21-2-000-001.006
Land Assessment
£338,034
Improvements Assessment
£1,020,009
Total Assessment
£1,358,043
Sale Advisor
Sale Advisor
Craig Melton, Partner
(334) 559-4914
Contact
Craig has over 15 years experience in Commercial Real Estate in the I-85 Corridor of Georgia and Alabama. He holds a brokers license in the States of Alabama and Georgia. Prior to opening Comprehensive Commercial he worked for a development company in LaGrange, GA. Craig can bring a comprehensive perspective to any transaction having been an owner/operator of a commercial small business, a tenant, a landlord, and an investor in commercial properties. He graduated from the University of Georgia with a masters in forest resources.
Craig has worked closely with developers of all types of commercial properties and assisted them in the site selection and pre-development process. He represents Owners and Investors who need professional representation as they purchase, sell, or lease their property.
Craig has worked closely with developers of all types of commercial properties and assisted them in the site selection and pre-development process. He represents Owners and Investors who need professional representation as they purchase, sell, or lease their property.
-
Craig Melton -
Comprehensive Commercial
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