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Property Description
Introducing a rare opportunity to acquire a newly constructed single-tenant Publix supermarket, backed by a 20-yearnet lease with no rental increases and eight (8) five-year renewal options. Located in the Montgomery MSA, this 2024 build-to-suit asset offers investors a high-credit tenant and long-term passive income in a fast-growing market . Strategically positioned along U.S. Highway 231), this Publix anchors The Shoppes at Fort Toulouse, a newly developed multi-tenant retail center. The property is perfectly situated to serve a high-dem and grocery trade area with very limited competition? the nearest Publix is over 12 miles away. It also captures affluent lake traffic from Montgomery en route to Lake Martin. With 314,640 residents within a 15-mile radius
and an average household income of $81,503 within five miles, the demographic foundation is strong and expanding. Population and income projections over the next five years support continued growth and long-term stability for this location. Publix, a privately held Fortune 500 company headquartered in Lakeland, FL, operates 1,380+ locations across the Southeast. With $54.5 billion in 2022 sales and over 250,000 employees, it remains one of the top 10 highest -volume grocery chains in the U.S. This offering is ideal for investors seeking durable income, minimal landlord responsibilities (tenant covers all expenses except CAM, roof, structure, and lot ), and a nationally recognized tenant with deep market penetration and growth trajectory.
Introducing a rare opportunity to acquire a newly constructed single-tenant Publix supermarket, backed by a 20-yearnet lease with no rental increases and eight (8) five-year renewal options. Located in the Montgomery MSA, this 2024 build-to-suit asset offers investors a high-credit tenant and long-term passive income in a fast-growing market . Strategically positioned along U.S. Highway 231), this Publix anchors The Shoppes at Fort Toulouse, a newly developed multi-tenant retail center. The property is perfectly situated to serve a high-dem and grocery trade area with very limited competition? the nearest Publix is over 12 miles away. It also captures affluent lake traffic from Montgomery en route to Lake Martin. With 314,640 residents within a 15-mile radius
Overview
Property Type
Commercial
Location
5039 U.S. Highway 231, Wetumpka, AL 36092
Listing Last Updated
4/24/2025 5:56 PM
Property Features & Amenities
Interior
Exterior
Details
Financial
Price
$15,610,000
Exclusive Listing Agents
Jamie Bederak
Executive Director at The Haas Commercial Group
(423) 557-4310 jamie.bederak@serhant.com
Christopher Haas
Senior Executive Director at The Haas Commercial Group
(561) 817-4227 chaas@serhant.com