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Southland Village 111 Southland Vlg 9,800 SF of Retail Space Available in Troy, AL 36079
HIGHLIGHTS
- Strong tenant mix of National and Regional tenants
- Traffic Count 34,503 Hwy 231
- Long term renewals
- Quick Access to I-20
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,800 SF | Negotiable | $4.19 CAD/SF/YR $0.35 CAD/SF/MO $41,040 CAD/YR $3,420 CAD/MO | Triple Net (NNN) |
111-117 Southland Vlg - 1st Floor
This space is next to Farmers Furniture and the New Enterprise Rent a Car and Rodeo's Mexican Restaurant . Other Tenants include Dollar General, Tractor Supply , Anytime Fitness, Citi Trends, Covington Credit and Rent a Center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Retail layout with large front area
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SOUTHLAND VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Anytime Fitness
- Fitness
- 3,103
- International
- Tractor Supply Company
- Home Improvement
- 2,558
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Anytime Fitness | Fitness | 3,103 | International |
| Tractor Supply Company | Home Improvement | 2,558 | National |
PROPERTY FACTS
| Total Space Available | 9,800 SF | Frontage | 300’ on Hwy 231 |
| Center Type | Neighborhood Center | Gross Leasable Area | 104,566 SF |
| Parking | 575 Spaces | Total Land Area | 11.10 AC |
| Stores | 11 | Year Built | 1979 |
| Center Properties | 1 |
| Total Space Available | 9,800 SF |
| Center Type | Neighborhood Center |
| Parking | 575 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | 300’ on Hwy 231 |
| Gross Leasable Area | 104,566 SF |
| Total Land Area | 11.10 AC |
| Year Built | 1979 |
ABOUT THE PROPERTY
Southland Village Shopping Center is a 104,496 SF center located in Troy, Alabama the home of Troy University. Troy is a regional shopping hub for South Central Alabama. The center has a strong tenant mix with national credit occupants. Dollar General , Anytime Fitness, Citi Trends, Farmers Furniture, Tractor Supply , Covington Credit , The new Rodeo Mexican Restaurant, Enterprise Rent a Car . Some storage and one 9,800 sq ft retail spaces available. The
- 24 Hour Access
- Air Conditioning
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Southland Village | 111 Southland Vlg
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