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Neighborhood Shopping Center
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Pending

505 N Gilmer Ave, Lanett, AL 36863

Valley Plaza shopping center on US Highway 29 with established anchors and available vacant retail space for new leasing.

Property SizeContact for details
Days on Market146

Property Features for 505 N Gilmer Ave

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Mack Reynolds Realty LLC La Grange
Listed By: Jason Stewart · License #GA 284222
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Sep 3 at 9:39AM

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 Mack Reynolds Realty LLC La Grange

Investment Insights

Based on property information with market context.

Valley Plaza is a neighborhood shopping center located at 505 N Gilmer Ave. The center includes established tenants, including Family Dollar, China Moon, and El Jimadore, and features remaining vacant retail space for prospective leasing.

The property is described as being just across the Georgia State line on US Highway 29, positioned between the downtown West Point, GA district and I-85 exit 79. It also benefits from a stated trade area that serves the nearby LaGrange, Columbus, and Auburn/Opelika markets.

For an owner or buyer seeking value-add, the property’s current vacant space provides an opportunity to lease additional units and potentially improve rental performance upon lease renewals, subject to leasing outcomes.

Key Highlights

  • Valley Plaza shopping center on US Highway 29 just across the Georgia State line
  • Located between downtown West Point, GA District and I‑85 exit 79
  • Includes established anchor tenants: Family Dollar, China Moon, and El Jimadore

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Gym & Fitness Center Law Firm Garden Center

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby
44k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 66% Home Improvements & Furnishings 25% Electronics 5% Shops & Services 5%
Kroger Groceries
28,807 visits/mo 0.5 miles
Tractor Supply Co. Home Improvements & Furnishings
10,881 visits/mo 0.1 miles
Chevron Shops & Services
2,021 visits/mo 0.4 miles
Cricket Wireless Authorized Retailer Electronics
1,271 visits/mo 0.3 miles
Metro by T-Mobile Electronics
903 visits/mo 0.4 miles

Demographics for 36863, AL

12,233
Population
5,421
Households
2.3
Avg Household Size
42
Median Age
10%
College-Educated
81%
High-School Grad
95.7 sq mi
ZIP Area
128
Density / Sq Mi
$45,313
Median Household Income
$29,970
Median Earnings
$739
Median Rent
$113,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Valley Plaza shopping center on US Highway 29 with established anchors and available vacant retail space for new leasing.
Where is this shopping center located?
The property is located at 505 N Gilmer Ave Lanett, AL.
What are key features of this property?
This property features: Valley Plaza shopping center on US Highway 29 just across the Georgia State line; Located between downtown West Point, GA District and I‑85 exit 79; Includes established anchor tenants: Family Dollar, China Moon, and El Jimadore
(706) 957-4973 Call to check price and availability
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