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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
| 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
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 | 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 | 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
Demographics
Demographics
Nearby Major Retailers
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Southland Village | 111 Southland Vlg
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