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Retail Space Near Walmart
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1420 Highway 231 S, Troy, AL 36081

Retail space available in front of Walmart Supercenter in Troy.

Space Size1,400 SF
Days on Market166

Property Features for 1420 Highway 231 S

General Information

Standard status Active
Size 1,400 SF
Property subtype Shopping Center or Multi-Tenant Building

Spaces For Lease

at 1420 Highway 231 S Contact us

3

Size
1,400 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Will Vickery
Source: Tscg
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 18 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Will Vickery

Investment Insights

Based on property information with market context.

Located in Troy, Alabama, which has a population of just under 20,000, this retail space is situated directly south of Montgomery and directly north of Dothan along US Highway 231. Troy offers a small-city charm combined with an urban environment, contributing to a 15% growth in retail development over the last decade. As a college town, Troy is home to Troy University, the fourth-largest university in Alabama by total enrollment. The available space is 1,400 square feet and is located in a shadow center in front of a Walmart Supercenter, the only one in Pike County. The property fronts US Highway 231 South. Troy is also home to Lockheed Martin & Sikorksy Aircraft. The traffic count on Highway 231 is 32,050 AADT.

Key Highlights

  • Located in front of the only Walmart Supercenter in Pike County
  • Fronts US Highway 231 South
  • High traffic count of 32,050 AADT on Highway 231

Property Analytics

Current Use

SmartStyle Hair Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Repair Shop Electrical Service Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby
253k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 30% Shops & Services 28% Apparel 20% Home Improvements & Furnishings 10%
Walmart Superstores
76,254 visits/mo 0.0 miles
Lowe's Home Improvements & Furnishings
25,573 visits/mo 0.3 miles
Murphy USA Shops & Services
25,504 visits/mo 0.2 miles
T.J. Maxx Apparel
23,162 visits/mo 0.4 miles
Hobby Lobby Shops & Services
21,446 visits/mo 0.4 miles

Demographics for 36081, AL

15,513
Population
7,398
Households
2.1
Avg Household Size
30
Median Age
32%
College-Educated
91%
High-School Grad
209.5 sq mi
ZIP Area
74
Density / Sq Mi
$42,005
Median Household Income
$26,190
Median Earnings
$833
Median Rent
$182,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in front of Walmart Supercenter in Troy.
Where is this retail space located?
The property is located at 1420 Highway 231 S Troy, AL.
What are key features of this property?
This property features: Located in front of the only Walmart Supercenter in Pike County; Fronts US Highway 231 South; High traffic count of 32,050 AADT on Highway 231
More about this property
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