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The Gateway At Lake Martin | Alexander City 4812 Highway 280 93,352 SF 100% Leased 4-Star Retail Building Alexander City, AL 35010 $34,983,063 CAD ($374.74 CAD/SF) 6.25% Cap Rate



Executive Summary
• 93,352 SF Publix-anchored shopping center, newly constructed and positioned in one of the Southeast’s most affluent second-home and vacation markets
• 94% of GLA is leased to strong regional & credit-rated national tenants, providing stable, long-term income. The only local tenant expanded into additional space in 2025, underscoring the site’s strong performance
• Serves a 65+ mile regional trade area with consistent economic activity, benefiting from Lake Martin’s $3.4 billion total economic impact, supporting 3,100+ jobs, and generating $89M+ in annual retail spending
• Minimal grocery competition—only Aldi, Piggly Wiggly, and Walmart operate in the trade area—ensures Publix’s long-term dominance
• Premier visibility and access at the intersection of Highway 280 (Birmingham–Columbus corridor) and Highway 63 (primary Lake Martin artery)
• UPSIDE POTENTIAL — Four additional outparcels available as a separate purchase, offering flexibility and future value-add opportunities
LAKE MARTIN | PREMIER SOUTHEASTERN VACATION DESTINATION
• Recognized as one of the Southeast’s premier luxury lake markets, attracting affluent families from Birmingham, Montgomery, Auburn, Columbus, and Atlanta
• Closest full-service grocery center to exclusive golf and lakefront communities, including Willow Point, Wicker Point, and The Heritage at Lake Martin
• High barriers to entry—Publix faces only limited competition from Aldi, Piggly Wiggly, and Walmart, reinforcing tenant success and lease durability
• Lakefront real estate remains exceptionally strong, with average home sales of $1.3M in 2023 and numerous estates selling above $5M
TENANT SPOTLIGHT
• Publix – Hand-selected this site as the premier grocery location for Lake Martin; operates 1,400+ stores across the Southeast; employee-owned; reported $59.7B in 2024 sales, a 33% increase since 2020, with no long-term debt
• Marshalls (TJX, NYSE: TJX) – Fortune 100 off-price leader; generated $57.93B in revenue in 2024, up nearly 30% since 2020; operates 1,230+ U.S. stores, known for its high-traffic “treasure hunt” shopping experience
• Starbucks (NASDAQ: SBUX) – World’s leading specialty coffee brand with 38,000+ stores globally; generated $36B in FY2024 revenue; top U.S. drive-thru coffee destination driving daily repeat traffic
• Rack Room Shoes – National family footwear retailer with 500+ U.S. stores; owned by Deichmann Group, Europe’s largest shoe retailer ($8B+ annual revenue); sells large national brands like Nike, Adidas, and Crocs
• Barberitos – Southeast-based fast-casual Mexican chain with 50+ locations; positioned within the $83B U.S. fast-casual dining sector; provides a daily-use dining option complementing Publix and Starbucks
• Nail Salon (Local Operator) – Established local operator; part of the $60B U.S. nail & spa industry; expanded into adjacent space in 2025, underscoring strong sales and long-term commitment
Property Facts
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Five Below
- Retailer
- -
- -
- -
- Marshalls
- Retailer
- -
- -
- -
Publix Super Markets, Inc. et ses filiales en propriété exclusive (la Société) exploitent des supermarchés alimentaires au détail en Floride, en Géorgie, en Alabama, en Caroline du Sud, au Tennessee, en Caroline du Nord et en Virginie. L'entreprise a été fondée en 1930 et a ensuite fusionné pour former une autre société qui a été constituée en société en 1921.
- Rack Room Shoes
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Five Below | Retailer | - | - | - | ||
| Marshalls | Retailer | - | - | - | ||
|
Retailer | - | - | - | ||
| Rack Room Shoes | Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
2,375 SF inline space available within the Publix/TJX/Five Below anchored center at lighted intersection with AL Hwy 63, the main entrance to Lake Martin. Multiple parcels available and rough graded with utilities and off site detention. Parcels can be combined.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,375 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 2,375 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 2,375 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
2,375 SF inline space available within the Publix/TJX/Five Below anchored center at lighted intersection with AL Hwy 63, the main entrance to Lake Martin. Multiple parcels available and rough graded with utilities and off site detention. Parcels can be combined.
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $143,114 CAD | |
| Land Assessment | $2,962,070 CAD | Total Assessment | $3,105,184 CAD |
Property Taxes
Presented by
The Gateway At Lake Martin | Alexander City | 4812 Highway 280
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