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Publix 5039 US Highway 231 48,387 SF 85% Leased Retail Building Wetumpka, AL 36092 $19,538,452 CAD ($403.80 CAD/SF) 5.65% Cap Rate
Investment Highlights
- RARE SINGLE-TENANT PUBLIX WITH 20-YEAR NET LEASE
- STRATEGIC LOCATION IN MONTGOMERY MSA
- STRONG DEMOGRAPHICS
- 2024 CONSTRUCTION ON LARGE 7-ACRE PARCEL
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
48,387 SF
Building Class
B
Year Built
2024
Price
$19,538,452 CAD
Price Per SF
$403.80 CAD
Cap Rate
5.65%
NOI
$1,103,923 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
6.96 AC
Zoning
B-1 - General Business
Frontage
1,080’ on U.S. 231
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1.5 ACRES Outparcel - Ground Lease
| Space | Size | Space Use | Position | Available |
| outparcel 1 | 1-7,100 SF | Retail | - | Now |
outparcel 1
| Size |
| 1-7,100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
outparcel 1
| Size | 1-7,100 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
1.5 ACRES Outparcel - Ground Lease
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-07-25-0-007-032.012 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,583 CAD |
Property Taxes
Parcel Number
16-07-25-0-007-032.012
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,583 CAD
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Publix | 5039 US Highway 231
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