This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Main Street Auto 459 Opelika Rd

6,278 SF Retail Building Auburn, AL 36830 £1,862,166 (£297/SF) 7% Net Initial Yield

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease At closing the tenant will execute a brand new 20-year absolute triple-net lease.
  • Corporate Guarantee The lease will be subject to a strong corporate guarantee from Main Street Auto.
  • Attractive Rental Increases The lease will feature 2.00% rental increases annually.

Executive Summary

NNN Pro 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 will
commence upon close of escrow. The annual rent will be
$165,000 and has scheduled increases of 2.00% Annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,278 SF
Building Class
C
Year Built/Renovated
1957/1976
Price
£1,862,166
Price Per SF
£297
Net Initial Yield
7%
NOI
£130,352
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Land Acres
0.71 AC
Parking
5 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
135 ft on Opelika Road
1 of 1
459 Opelika Rd, Auburn, AL - aerial map view
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Truist
Cadence Bank
MidSouth Bank
Caribou Coffee
Chase
Five Guys
Regions Bank
Publix
PNC Bank
Moe's Original BBQ

PROPERTY TAXES

Parcel Number 09-09-29-2-001-139.000 Improvements Assessment £32,630
Land Assessment £19,346 Total Assessment £51,976

PROPERTY TAXES

Parcel Number
09-09-29-2-001-139.000
Land Assessment
£19,346
Improvements Assessment
£32,630
Total Assessment
£51,976
(332) 345-4222

  • Listing ID: 33087853

  • Date on Market: 06/09/2024

  • Last Updated:

  • Address: 459 Opelika Rd, Auburn, AL 36830

The Retail Property at 459 Opelika Rd, Auburn, AL 36830 is currently available For Sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
459 Opelika Rd, Auburn, AL for sale Primary Photo- Image 1 of 3
459 Opelika Road, Auburn, AL - Main
459 Opelika Rd, Auburn, AL for sale Aerial- Image 2 of 3
459 Opelika Road, Auburn, AL - ariel

1 of 1

Connect with us

© 2024 CoStar Group

Main Street Auto | 459 Opelika Rd
(332) 345-4222 x

Main Street Auto | 459 Opelika Rd

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Edward Otocka

(332) 345-4217

(332) 345-4217

Francis Purritano

(332) 345-4311

(332) 345-4311

Howie Curd

(332) 345-4339

(332) 345-4339

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link