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1521 E Glenn Ave
Auburn, AL 36830
Retail Property For Sale
Investment Highlights
- Long term absolute NNN lease to Taco Bell, the world’s largest Mexican-inspired restaurant chain.
- Tacala LLC is one of Taco Bell’s largest franchisees with over 380 restaurants across the Southeast US and Texas.
- High-visibility and easily accessible location along East Glenn Avenue, which leads directly to Downtown Auburn and experiences a high traffic count
- Annual 1% rent increases deliver steady growth through the initial term and six (6) five-year options.
- Taco Bell’s same-store sales increased 7% in 2025 while gaining domestic market share among a broad range of consumers
- Surrounded by a vibrant mix of local and national retailers that drive Auburn’s primary economic activity
Executive Summary
High-visibility and easily accessible location along East Glenn Avenue, which leads directly to Downtown Auburn and experiences a high traffic count of 20,286 vehicles per day in front of the site.
Property is located equidistant between State Route 15 to the north and Interstate 85 to the south, leading to significantly increased commuter traffic (combined 59,000+ AADT).
Located one mile south of Auburn Mall, which welcomes approximately 5 million visitors annually.
Surrounded by a vibrant mix of local and national retailers that drive Auburn's primary economic activity, including Sam's Club, Academy Sports + Outdoors, Walmart, Chick-fil-A, Starbucks, McDonald's, and many more.
Within walking distance of Auburn High School (home to 2,000+ students) and Auburn University Regional Airport, an active local airport with tens of thousands of aircraft operations per year.
Property is located equidistant between State Route 15 to the north and Interstate 85 to the south, leading to significantly increased commuter traffic (combined 59,000+ AADT).
Located one mile south of Auburn Mall, which welcomes approximately 5 million visitors annually.
Surrounded by a vibrant mix of local and national retailers that drive Auburn's primary economic activity, including Sam's Club, Academy Sports + Outdoors, Walmart, Chick-fil-A, Starbucks, McDonald's, and many more.
Within walking distance of Auburn High School (home to 2,000+ students) and Auburn University Regional Airport, an active local airport with tens of thousands of aircraft operations per year.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2023
Price
$4,206,870 CAD
Price Per SF
$1,752.86 CAD
Cap Rate
5.25%
NOI
$220,861 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
Opportunity Zone
Yes
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 09-08-28-2-000-075.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $361,386 CAD |
Property Taxes
Parcel Number
09-08-28-2-000-075.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$361,386 CAD
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