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Retail Space Near Troy University
For Lease
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1307 US-231, Troy, AL 36081

Retail spaces available for lease near Troy University campus.

Space Size4,000 SF - 59,677 SF
Property Size130,000 SF
Lot Size1.37 Acres
Days on Market916

Property Features for 1307 US-231

General Information

Standard status Active
Size 4,000 SF - 59,677 SF
Class C
Total Parking Spaces 650
Lot size 1.37 Acres
Property subtype Retail
Lease Type Net

Building Details

Building Size 130,000 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at 1307 US-231 Contact us

Suite G

Size
5,000 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

End Cap w/ Drive Thru

Size
4,000 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

Outparcel Land 1.37 Acres

Size
59,677 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Hutton
Listed By: Miriam Smith-Robinson · License #123456
Source: Crexi
Added: Feb 7, 2024 Changed: Aug 8 Last Checked: Jul 16 at 3:30AM

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 Hutton

Investment Insights

Based on property information with market context.

Trojan Marketplace is a shopping center offering 12,000 square feet of retail space for lease. The property is situated just south of Troy University's campus. The location is near large retailers, including Hobby Lobby, Rack Room Shoes, Ulta, Ross, TJ-Maxx, and Five Below. An end-cap opportunity offering between 3,000 and 8,000 square feet is available, as well as a 4,000-square-foot outparcel at the north end of the property. West of the outparcel is a 1.37-acre outparcel pad ready for ground lease. The property is zoned C4, making it suitable for many uses.

Key Highlights

  • Located just south of Troy University's campus.
  • End‑Cap opportunity: 3,000‑8,000 SF available for lease.
  • Anchored by major retailers: Hobby Lobby, Rack Room Shoes, Ulta, Ross, TJ‑Maxx, and Five Below.

Property Analytics

Current Use

Ross Dress for Less Clothing Store

Suggested Use

Top Pick HVAC Service Auto Repair Shop Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Discount 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby
341k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 22% Shops & Services 19% Dining 17% Apparel 15%
Walmart Superstores
76,254 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
25,573 visits/mo 0.3 miles
Murphy USA Shops & Services
25,504 visits/mo 0.5 miles
T.J. Maxx Apparel
23,162 visits/mo 0.1 miles
Hobby Lobby Shops & Services
21,446 visits/mo 0.0 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available for lease near Troy University campus.
Where is this shopping center located?
The property is located at 1307 US-231 Troy, AL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located just south of Troy University's campus.; End‑Cap opportunity: **3,000‑8,000 SF available for lease.**; Anchored by major retailers: Hobby Lobby, Rack Room Shoes, Ulta, Ross, TJ‑Maxx, and Five Below.
More about this property
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