3100 Beehive Rd, Auburn, AL 36832Show
Auburn, AL | 406,080.00 sq. ft. | Est $ 20,700,334.08/mo
| Space Available: | 406,080.00 sq. ft. |
| Type: | Industrial - Warehouse |
| Est. Rent: | $56.64/SF/Month $679.68/SF/Year |
Significant Investments From Tenant – In January 2021, Briggs & Stratton announced a $9.4 million expansion to their Auburn manufacturing plant. This expansion will include the hiring of 35 employees to assist with their operations. (Source: https://al.com/)Strategic Location – This distribution center was constructed in 2018, only 2.92 miles from the Auburn manufacturing site for Briggs & Stratton. The construction of this Distribution Center is part of Briggs’s broader plan to consolidate other locations into large operations for the company. (Source: www.madeinalabama.com)Strong Quality Tenant – Briggs and Stratton is a fortune 1000 manufacturer of gasoline engines. With over 5,200 employees, Briggs & Stratton has significant operations in North America, South America, Europe, Asia, and Australia.Passive Lease Structure – Briggs & Stratton has over 12 years remaining on their initial lease. Since the Landlord is only responsible for the roof & structure of the building and there is a 20-yr transferrable roof warranty, there are virtually zero initial Landlord responsibilities.Priced Well Below Replacement Costs – A listed price of just under $57/SF, allows purchasers to acquire a new construction, Class A distribution center well below what current construction costs are.
Warehouse Property Information
3100 Beehive Rd provides tenants 406080 square feet of warehouse space for rent in Auburn, AL.
This property is ideal for businesses seeking quality space for distribution, manufacturing and other warehouse uses.
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