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Publix

5039 U.S. Highway 231, Wetumpka, AL 36092

$15,610,000

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.

Overview

Property Type
Commercial
Location
5039 U.S. Highway 231, Wetumpka, AL 36092
Listing Last Updated

Property Features & Amenities

Interior

Exterior

Details

Financial

Price
$15,610,000

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Exclusive Listing Agents

Jamie Bederak

Executive Director of SERHANT. Commercial

(423) 557-4310
Christopher Haas

Senior Executive Director of SERHANT. Commercial

(561) 817-4227
Sheree Smith

Executive Director of SERHANT. Commercial

(561) 817-4464

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    Get In Touch

    Jamie Bederak
    Jamie Bederak
    Executive Director of SERHANT. Commercial
    Christopher Haas
    Christopher Haas
    Senior Executive Director of SERHANT. Commercial
    Sheree Smith
    Sheree Smith
    Executive Director of SERHANT. Commercial
    Please enter a valid email.