Income Producing Property - The Village at Parkerson Mill, built in 2000, the McDonalds Ground Lease, has been kept leased and well maintained by the current owners, and with additional acreage. 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 acres. Cap Rate includes vacant land. Cap on income property is 4.5%.
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.