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234 W Magnolia Ave - Legends of Magnolia - Retail Units B&C Unité de condo • Commerce de détail • 4 375 pi² • Auburn, AL 36830
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 4,375 SF with 33 dedicated parking spaces for retail users
- Fizz N Fork (1,375 SF) opened in November 2025. The tenant has annual increases to help offset inflation
- Immediately across the street from Auburn University (Student Enrollment 35,172)
- Currently leased to Tekila (3,000 SF) with term expiring November 1, 2026. Tenant is interested in renewing for another five (5) years
- Minimal Landlord involvement due to the condo association
Résumé de l'annonce
Auburn/Opelika's retail market is expanding on the strength of rapid population growth, Auburn University and local school systems, a medical hub of East Alabama, and a wave of mixed use development, especially in downtown Auburn, where new projects are reshaping the urban core. The MSA population experienced a 12.3% growth rate in last few years and is currently 201,500 people. The City of Auburn alone has a grown at a 13% rate since 2020. Auburn University has increased enrollment to 35,000+ students and honored annually for its rankings amongst comparable universities in the southeast. It contributes billions of dollars in economic impact to the State of Alabama. The local school systems are ranked in the top tier within the State. The College of Veterinary Sciences, the Edward Via College of Osteopathic Medicine-Auburn Campus, the nursing and pharmacy schools, and East Alabama Medical center create a medical hub in the region. The region's recent national recognition for economic performance underscores why retailers continue to target the MSA. The area draws tourism because of Auburn University and their respective athletic programs, along with The Robert Trent Jones Golf Trail, Chewacla Park, Jules Collin Smith Museum, and the Gogue Performing Arts Center. The Downtown Auburn merchants experienced 5.8% sales tax growth in 2024 and 8% in 2023, per the City of Auburn. There are currently 1,770 beds in 500+ units in the planning, design, or construction stage which should be delivered in the next two years.
Faits sur la propriété
| Taille totale du bâtiment | 106 920 pi² | Superficie de plancher typique | 26 730 pi² |
| Type de propriété | Immeuble residentiel (Condo) | Année de construction | 2007 |
| Sous-type de propriété | Appartement | Taille du lot | 1,64 AC |
| Classe d’immeuble | B | Ratio de stationnement | 10,3/1 000 pi² |
| Planchers | 4 | Zone de développement économique |
Oui
|
| Taille totale du bâtiment | 106 920 pi² |
| Type de propriété | Immeuble residentiel (Condo) |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | B |
| Planchers | 4 |
| Superficie de plancher typique | 26 730 pi² |
| Année de construction | 2007 |
| Taille du lot | 1,64 AC |
| Ratio de stationnement | 10,3/1 000 pi² |
| Zone de développement économique |
Oui |
1 Unité disponible
Unité B
| Taille de l’unité | 4 375 pi² | Nbre d’espaces de stationnement | 33 |
| Utilisation du condo | Commerce de détail | ID/Numéro de lot | 09-09-30-2-002-084.000-B |
| Type de vente | Investissement ou propriétaire utilisateur |
| Taille de l’unité | 4 375 pi² |
| Utilisation du condo | Commerce de détail |
| Type de vente | Investissement ou propriétaire utilisateur |
| Nbre d’espaces de stationnement | 33 |
| ID/Numéro de lot | 09-09-30-2-002-084.000-B |
Description
Retail Units B & C on the ground floor
Edited Photo
Top Property Highlights w logos
Bottom Property Highlights w-logos
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 60 | - | - |
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234 W Magnolia Ave - Legends of Magnolia - Retail Units B&C
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