5039 US Highway 231 - Storefront FOR SALE


Wetumpka, AL 36092
$15,000,000 USD
561-817-4227
5039 US Highway 231, Wetumpka, AL for Sale
$15,000,000 USD
Storefront - FOR SALE
1/5
null | 5.41% Cap Rate

5039 US Highway 231
Wetumpka, AL 36092


HIGHLIGHTS

  • High-credit tenant with solid returns and minimal landlord duties.
  • Fortune 500: Publix brings $54.5B in annual sales and strong brand trust.
  • Tenant handles nearly all expenses—set-and-forget cash flow.
  • 314K+ residents nearby, with rising income and population growth.
  • Anchors a new retail center in a high-demand area—no other Publix within 12 miles.
  • Brand-new Publix with a 20-year net lease and zero rent bumps.

OVERVIEW

?? 20-Year Net Lease with Publix A brand-new 2024 build-to-suit asset backed by one of America’s most trusted grocery brands, delivering passive income with zero rent escalations and minimal landlord responsibility. ?? Strategic Location | Grocery Demand, Low Competition Anchoring a brand-new retail center in a high-demand trade area—this is the only Publix within a 12-mile radius, with direct access to Lake Martin-bound traffic. ?? $811K+ Annual NOI | 5.4% Cap Rate Durable income from a AAA private grocer and a clean lease structure. ?? Built-In Growth Market | Expanding Demographics Over 314,000 residents within a 15-mile radius, with income and population trending upward. Long-term demographic insulation. ?? Fortune 500 Tenant with Regional Dominance Publix operates 1,380+ stores and pulled $54.5B in sales last year. ??? Low Maintenance, High-Performance Investment Tenant covers taxes, maintenance, and repairs, excluding CAM, roof, and lot, making this a great addition to any portfolio.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$2,113 USD /SF

CAP RATE

5.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shoppes at Fort Toulouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

233

LAND DETAILS

LAND ACRES

6.96 AC

LAND SF

303,178 SF

ZONING

B-1

APN/PARCEL ID

16-07-25-0-007-032.012

ASK ABOUT THIS PROPERTY

Christopher H. HaasSERHANT. CommercialMore Info
561-817-4227

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Christopher H. HaasSERHANT. CommercialMore Info
561-817-4227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.