Auburn-Opelika Industrial Development — Sale in Opelika, AL
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Opelika, AL 36804
- Year built: 2027
Photos
Investment Figures
- Cap rate
- 10.90%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire a planned ±50,000-square-foot , pad ready industrial development in Opelika, Alabama. The offering provides investors with the opportunity to acquire a newly constructed industrial asset through a developer-led, build-to-completion structure, with the seller/developer responsible for funding and constructing the planned buildings following closing and delivering the completed project to the purchaser. The seller/developer originally intended to construct and sell the completed industrial project and is now offering the opportunity to a purchaser who will acquire the project at closing, with the seller/developer responsible for the subsequent construction and delivery of the planned buildings. Under the proposed structure, the purchaser will acquire ownership of the completed industrial asset while assuming the leasing, lease-up, and stabilization responsibilities following delivery. This provides a prospective investor with the opportunity to acquire new industrial product at a negotiated basis while retaining the potential upside associated with successful lease-up and stabilization. The project is being offered with a pad-ready site (storm sewer install complete) and a comprehensive development package, including a Forsite site development plan, property survey, structural plans, and architectural plans in keeping with specs and finishes of surrounding properties. Investment Highlights: • Seller-Funded Construction: Developer to construct and deliver completed buildings after closing • Development Package: Forsite site plan, survey, architectural plans, and structural plans • Investment Opportunity: Acquire new industrial product while retaining lease-up and stabilization upside • Location: Opelika, Alabama, Wyngate Industrial Park with access to the I-85 industrial and regional distribution corridor
Market Context
This industrial in Opelika, AL is listed for sale. It is offered at an approximate 10.9% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2027. Compare it against other industrial listings for sale in Opelika, AL — view the full market.
Contact
- Brian Higdon · (205) 510-9127 · brian.higdon@marcusmillichap.com
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