Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Highlights

  • Southland Village provides high-visibility retail exposure in Troy, Alabama, supported by Troy University and its position as a regional shopping hub.
  • Established mix of national and regional credit tenants drives consistent traffic, supporting long-term retail stability and built-in exposure.
  • Available 8,000-square-foot space offers flexible reuse potential for retail, service, fitness, or restaurant users seeking strong frontage.
  • Corner positioning at Highway 231 and Elba Highway captures approximately 34,500 VPD and serves a 5-mile trade area with over 20,000 residents.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 105
  • 8,000 SF
  • Negotiable
  • $6.84 CAD/SF/YR $0.57 CAD/SF/MO $54,684 CAD/YR $4,557 CAD/MO
  • Triple Net (NNN)
111 Southland Vlg - 1st Floor - Ste 105
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Spanning 8,000 square feet, this former Anytime Fitness location presents an exceptional opportunity for various retailers seeking dedicated space among national and local tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste 105 8,000 SF Negotiable $6.84 CAD/SF/YR $0.57 CAD/SF/MO $54,684 CAD/YR $4,557 CAD/MO Triple Net (NNN)

111 Southland Vlg - 1st Floor - Ste 105

Size
8,000 SF
Term
Negotiable
Rental Rate
$6.84 CAD/SF/YR $0.57 CAD/SF/MO $54,684 CAD/YR $4,557 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Spanning 8,000 square feet, this former Anytime Fitness location presents an exceptional opportunity for various retailers seeking dedicated space among national and local tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Specialty Space

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
  • 3,104
  • International
  • Tractor Supply Company
  • Home Improvement
  • 2,573
  • National
Tenant Description US Locations Reach
Anytime Fitness Fitness 3,104 International
Tractor Supply Company Home Improvement 2,573 National

Property Facts

Total Space Available 8,000 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 offers a highly visible retail opportunity in Troy, Alabama, a vibrant college town anchored by Troy University and a proven regional shopping destination for South Central Alabama. Currently available is an 8,000-square-foot space formerly occupied by Anytime Fitness, offering flexible layout potential for retail, service, fitness, or restaurant users seeking strong visibility and built-in customer draw. A stable mix of national and regional credit tenants drives consistent traffic and long-term performance, making the center an established and reliable retail environment. Existing tenants include Farmers Furniture, Tractor Supply Co., Citi Trends, Dollar General, Enterprise Rent-A-Car, and Rodeo Mexican Restaurant, providing a complementary mix that supports steady daily visitation and long-term tenant success. Situated on the corner of Highway 231 and Elba Highway, on the west side of the main retail corridor, the 104,496-square-foot center benefits from strong daily traffic of approximately 34,503 vehicles per day (VPD) and convenient regional access, including swift connectivity to Highway 29. 111 Southland Village's 5-mile trade area exceeds 20,000 residents, with an average household income of $76,500, providing a solid consumer base for a wide range of retail and service users. Reach out to NAI Chase Commercial today to learn more about available retail space in Troy, Alabama.

  • 24 Hour Access
  • Air Conditioning
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
3,120
16,092
19,421
2030 Population
3,145
16,251
19,608
2025-2030 Projected Population Growth
0.8%
1.0%
1.0%
Median Age
28.7
29.5
30.2
College Degree + Higher
28%
32%
31%
Daytime Employees
4,233
10,655
11,168
Total Businesses
434
1,134
1,210
Average Household Income
$58,628
$65,772
$66,348
Median Household Income
$35,081
$43,465
$46,977
Total Consumer Spending
$27.6M
$158.4M
$195.5M
2025 Households
1,271
6,677
8,096
Average Home Value
$248,863
$243,369
$248,474
$ values in USD

Nearby Major Retailers

Cook Out
Waffle House
Blimpie
Chicken Salad Chick
Publix
Regions Bank
Steak ‘n Shake
Ruby Tuesday
  • Listing ID: 31060121

  • Date on Market: 2026-01-12

  • Last Updated:

  • Address: 111 Southland Vlg, Troy, AL 36079

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}