Wire Road Ground Lease

Auburn University is offering a 2.6‑acre parcel on Wire Road in Auburn, Alabama for an exclusive ground lease of up to 50 years. Prospective lessees must propose a single intended use, an annual lease rate and an annual escalation percentage, and assume full responsibility for zoning, tax, insurance, and any required approvals. The university will evaluate proposals primarily on the financial offer (90 % weighting) and will require proof of insurance, compliance with Alabama bid law, and certification of tax registration. The contract will be awarded after the bid opening on April 30, 2026, and the first lease payment is due September 30, 2026. • 2.6‑acre ground lease, exclusive right to develop or use the land for a single purpose. • Lease term up to 50 years; lessee must submit annual lease rate and escalation percentage. • Lessee responsible for zoning, ad‑valorem tax status, insurance (CGL, property, builder’s risk) and all regulatory compliance. • Evaluation weighted 90 % on price, 5 % on past performance, 5 % on proposal completeness. • Submission via Auburn University’s JAGGAER Sourcing Event Portal by 10:30 AM CDT, April 30, 2026.