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Parkerson Mill 2328 S College St
19,350 SF 89% Leased Retail Building Auburn, AL 36832 £7,505,095 (£388/SF) 2.63% Net Initial Yield
Investment Highlights
- Retail Center and Office Duplex Properties - 100% Leased
- Interstate Location with great access
- 41 +/- Acres Additional Land
Executive Summary
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.
Property Facts
About 2328 S College St , Auburn, AL 36832
The Village at Parkerson Mill, built in 2000, has been kept leased and well maintained 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 41.0 acres. Cap Rate includes vacant land, income. Cap without land is 4.5%
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The Village at Parkerson Mill, built in 2000, has one end-cap space coming soon. The space is 2,155 SF with an outdoor patio approximately 358 SF and deck area of approximately 736 SF. Inside there are 5 large office spaces and open reception at the front. There are also 2 restrooms in the space. The property is well maintained by the current owners. Interstate Location - Parkerson Mill is located at the busiest Interstate interchange in Auburn - the primary exit to Auburn University and Downtown Auburn.
| Space | Size | Space Use | Position | Available |
| 12 | 2,155 SF | Office/Retail | - | Now |
12
| Size |
| 2,155 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
12
| Size | 2,155 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
The Village at Parkerson Mill, built in 2000, has one end-cap space coming soon. The space is 2,155 SF with an outdoor patio approximately 358 SF and deck area of approximately 736 SF. Inside there are 5 large office spaces and open reception at the front. There are also 2 restrooms in the space. The property is well maintained by the current owners. Interstate Location - Parkerson Mill is located at the busiest Interstate interchange in Auburn - the primary exit to Auburn University and Downtown Auburn.
PROPERTY TAXES
| Parcel Number | 19-01-12-0-000-181.000 | Improvements Assessment | £295,484 |
| Land Assessment | £200,532 | Total Assessment | £496,016 |
PROPERTY TAXES
-
Power Broker Lee Alice Johnson -
JL Real Estate Group
Presented by
Parkerson Mill | 2328 S College St
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