1550 Pumphrey Ave Auburn, AL 36832-4302

This exceptional investment opportunity presents two Class B creative office buildings totaling 17,886 square feet, situated on a combined 3.05 acres in Auburn, Alabama's Auburn Industrial Park. Currently 100% occupied by a credit-rated single tenant under a modified lease with 4.5 years remaining on a 7-year term, featuring 2.5% annual rent bumps and one renewal option. The property boasts a strong net operating income (NOI) of $294,957, yielding an 8.31% cap rate at the asking price of $3,550,000 ($198.48/SF). Recent renovations exceeding $1,000,000 include new acoustical ceilings, LED lighting, HVAC systems, flooring, and a resurfaced parking lot (9.1 spaces per 1,000 sq ft). The strategic location, less than 3 miles from Auburn University and near major highways (Hwy 280 and I-85), provides excellent access and benefits from the presence of 37 national and international corporations in the park, including a newly opened, large data center. The Auburn Industrial Park boasts 0% vacancy within a 2-mile radius, and the submarket is projected to experience 11.1% growth over the next five years. This offering provides a secure, high-return investment in a thriving location.