Auburn Exchange NEW COMMERCIAL DEVELOPMENT AUBURN, ALABAMA

Transcription

1 NEW COMMERCIAL DEVELOPMENT AUBURN, ALABAMA AVENUE GLENN INTERSTATE I-85 EAST BENT CREEK ROAD NEC OF EAST GLENN AVENUE AND BENT CREEK ROAD EXIT 57 OF INTERSTATE I-85 AUBURN, ALABAMA for further information, please contact: ROBERT HAM (334)

2 Development Summary 1 Aerial Photograph 2 Site Plans 2 Area Developments 3 Demographics 4 Auburn, AL Overview 5 for further information, please contact: ROBERT HAM (334) We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the accuracy of the information contained herein.

3 DEVELOPMENT SUMMARY - Acre Commercial Development NEC of East Glenn Avenue and Bent Creek Road in Auburn, Alabama. Exit 57 of Interstate I-85 Ground Lease Opportunities Build-to-Suit Opportunities 4 Parcels Available Acres Acres Acres Acres 1

4 EAST GLENN AVENUE BENT CREEK ROAD INTERSTATE I-85 2

5 Colonial University Village EXIT 57 EXIT 58 for further information, please contact: ROBERT HAM (334)

6 Site Demographic Information 4

7 Retail Sales Volume Information 5

8 The City of Auburn, Alabama Home of Auburn University Location Auburn is located in east central Alabama at the junction of the Piedmont Plateau and the Coastal Plains. Nearest metro areas: Columbus, Georgia, 40 miles southeast Montgomery, Alabama, 60 miles southwest Atlanta, Georgia, 115 miles northeast Birmingham, Alabama, 120 miles northwest In January 2004, Expansion Management magazine ranked the Auburn metro area as one of America s 50 Hottest Cities. Auburn is conveniently located on Interstate Highway 85. Population City of Auburn: , , , , ,987 Lee County: , , , , ,092 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5, Population Population Growth Auburn s population has averaged slightly more than 3% per year with steady growth since , ,000 50,000 - Lee County Population Populat ion Census 2000 population shows the Auburn metro area as the fastest growing MSA in the state, with a 32 percent growth rate between 1990 and *Source: Bureau of the Census Demographics Daily recognized Auburn as a small dream town, offering a high quality of life to all of its residents. 6

9 Commercial Development Commercial development continues along U.S. Highway 29/South College corridor just off Interstate Highway 85, including the construction of a Holiday Inn Express. Numerous smaller commercial projects, including banks, restaurants, and other retail operations, have also opened along the U.S. 29 and other major retail corridors. The completion of the Glenn Avenue re-routing project has opened 80 acres for new development on an Interstate 85 interchange. The Hilton Garden Inn recently completed construction of a new hotel in this area. Commercial Projects in Which The City has been involved in Include: 1. Auburn University Hotel and Conference Center 2. Auburn Alumni Center 3. Magnolia Plaza 4. Tiger Theater Renovation 5. Clinical Psychologists 6. University Crossing Shopping Center 7. Walmart SuperCenter 8. Auburn Downtown Parking Deck 9. Wynsong 16 Cinemas 10. Applebee s Restaurant 11. Red Lobster Restaurant 12. Auburn Links Golf Course 13. Auburn University Golf Club 14. Auburn Ford 15. Surfside Water Park 16. J.E. May Office Building Renovation 17. Daycare Renovation (145 E. Drake) 18. University Hotel Renovation 19. Hampton Inn 20. Glendean Shopping Center Renovation 21. Central Park Commercial Park/Dean Road Extension 22. Downtown Facade Renovation Program 23. Wright Street Parking Lot 24. Dyas Toyota 25. Young s Plant Farm Office Building 26. Olde Auburn Ale House 27. Stage Road Commerce Center 28. Gymtiger Gymnasium 29. Jubilee Junction Auburn-Opelika a Hot Place to do Business The Auburn-Opelika area is one of the Hottest Cities in America for expanding companies, according to the January 2002 issue of Expansion Management magazine. Auburn-Opelika was ranked 33rd, one of only five areas in the State of Alabama to be ranked. Each area was ranked based on a poll conducted by 75 consultants that specialize in locating business and industry site locations. Approximately 331 metropolitan statistical areas across the country were studied. Each MSA, was judged on several aspects, including the overall quality of life, workforce availability, incentives, training programs, and quality of schools. 7

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11 AVERAGE HOURLY WAGE RATES AUBURN statistics DISTANCE AND TIME CHART TO AUBURN Atlanta, GA miles hours Biloxi, MS miles hours Birmingham, AL miles...2 hours Charlotte, NC miles hours Columbia, SC miles hours Columbus, GA...30 miles...30 minutes Dothan, AL miles hours Huntsville, AL miles hours Mobile, AL miles hours Montgomery, AL...60 miles...1 hour Nashville, TN miles hours New Orleans, LA miles...6 hours Orlando, FL miles hours MANAGERIAL & ADMINISTRATIVE Industrial Production Managers...$29.80 Human Resources Managers...$25.30 Purchasing Agents...$20.20 PROFESSIONAL/TECHNICAL Computer and Information Systems Managers...$25.80 Engineering Managers...$35.10 ADMINISTRATIVE/OFFICE Bookkeeping, Accounting and Auditing Clerks...$11.80 Receptionists and Information Clerks...$ 8.20 Secretaries, Except Legal, Medical and Executive...$10.10 PRODUCTION First Line Supervisors of Office and Administrative Support Workers...$10.50 Machinists...$14.40 Welders, Cutters, Solderers and Brazers...$12.00 Packers and Packagers, hand...$ 7.40 First Line Supervisors of Helpers, Laborers and Material Movers, hand...$18.20 (Source: Alabama Department of Industrial Relations) AUBURN EMPLOYMENT BY SECTOR Natural Resources, Construction & Mining...4.2% Manufacturing % Trade, Transportation, Warehousing & Utilities % Information...1% Financial Activity...3.4% Professional & Business Services...9% Education & Health Services...6.2% Leisure & Hospitality % Other Services...3.2% Government % DISTANCE TO AIR TRANSPORTATION AVERAGE UNEMPLOYMENT RATE (2003) Auburn-Opelika MSA...3.9% Alabama...5.7% U.S % (Source: Alabama Dept. of Industrial Relations) POPULATION Auburn...49,928 Lee County...118,806 TIME ZONE Auburn is located in the central time zone. AIRPORT CITY DRIVING TIME TO AIRPORT Hartsfield International Airport...Atlanta, GA...1 hour 45 minutes Birmingham Municipal Airport...Birmingham, AL...2 hours Columbus Metropolitan Airport...Columbus, GA...45 minutes Montgomery Municipal Airport...Montgomery, AL...1 hour 15 minutes AUBURN QUICK FACTS Date of Incorporation February 2, 1839 City Area in Square Miles 54.4 LARGEST EMPLOYERS Auburn University...9,453 East Alabama Medical Center...2,700 Briggs & Stratton...1,050 Auburn City Schools City of Auburn WEATHER Average Average Average Season High Low Precip. Winter Spring Summer Fall

12 Transportation Highways: Interstate 85, US-280 and US-29, and State Highway 14 serve the Auburn community. Railroads with local mainline services: Southern Railway, Western Railway of Alabama (CSX Transportation). Teamtrack available: CSX Transportation Airports: Auburn-Opelika Airport Runway length: 5,265 feet, lighted. Surface: asphalt. Fuel: Yes. ILS Approach: No. The Auburn/Opelika Airport held a ribbon cutting ceremony for its new extended runway on January 18, 2002 Airport improvements currently underway include: the reinstallation of navigational aids that assist in landing during adverse weather and at night, and construction of a new hangar and terminal building. Nearest Commercial Airports: -The Columbus Regional Airport, Columbus, GA, 40 miles by US 280 -The Montgomery Regional Airport, Montgomery, AL, 60 miles by Interstate 85 -Hartsfield-Jackson Atlanta International Airport, Atlanta, GA, 100 miles by Interstate 85 Navigable Waterway: Chattahoochee River, 38 miles - 9 feet Local: Phenix City State Docks, 35 miles Nearest Deepwater Port: Mobile, AL, 231 miles Motor Freight Carriers: Name American Freightways Inc Averitt Express Bowman Transportation Corp. CF MotorFreight Consolidated Freightways Fleetwood Transportation Corp McClendon Trucking R&L Trucking Yellow Freight Systems Local Terminal Smiths, AL Opelika, AL Cusseta, AL Phenix City, AL Phenix City, AL Opelika, AL Lafayette, AL Opelika, AL Columbus, GA 1 10