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    111 Southland Dr Troy, AL 36079

    Sponsored
    For Lease
    Contact for pricing
    Lot size:
    104,496 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 111 Southland Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,496 SF
    Class
    B

    Building Details

    Year Built
    1979
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2 - Suite 115
    Size
    9,800 SF
    Space
    Available Space 1 Suite 113
    Size
    3,150 SF

    HighLights

    • Diverse tenant base with strong creditworthiness.
    • Anchored by national and regional retailers.
    • Demonstrates long‑term lease stability with consistent renewals.
    • High visibility location with 34,503 vehicles per day on Hwy 231.
    • Excellent access to I‑20 for convenient commuting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Troy
    County
    Pike
    State
    Alabama
    Longitude
    -85.965461937639
    Latitude
    31.784885458125

    Nearby Comparable

    • $3 SF/Yr
      104,496 SF

      Troy Retail Center For Rent

      104,496 SF shopping center in Troy, Alabama.
      111 Southland Vlg, Troy, AL 36079
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    • $33 SF/Yr
      9,000 SF

      Troy University Retail Center

      Prime Retail Space, High Traffic
      701 Brundidge Blvd, Troy, AL 36081
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      Retail Space on US Highway

      Retail space available on a busy highway near medical center.
      1327-1333 Us-231, Troy, AL 36081
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      45,600 SF

      Prime Troy Retail Space Available

      Publix-anchored center, high traffic, 45,600 SF
      1147 Us-231, Troy, AL 36079
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    • $640 /Mo

      Apartment Building For Rent

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    • $8 SF/Yr
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      Retail Space in Elba, Alabama

      Neighborhood shopping center with available suites and below market rents.
      987 Al-203, Elba, AL 36323
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      Retail Suites For Lease

      Retail suites available for lease with developable land.
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    • $10 SF/Yr
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      Ozark Retail Center Opportunity

      High-traffic retail space available.
      1206 Us-231, Ozark, AL 36360
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    • $5 SF/Yr
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      Midtown Plaza: Ozark Retail/Office

      High-visibility Ozark retail & office space.
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      Enterprise Industrial Warehouse For Sale

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      1032 Boll Weevil Cir

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    Nearby Similar for Lease

    • Contact for pricing
      45,600 SF

      Prime Troy Retail Space Available

      Publix-anchored center, high traffic, 45,600 SF
      1147 Us-231, Troy, AL 36079
      View Details
    • $33 SF/Yr
      9,000 SF

      Troy University Retail Center

      Prime Retail Space, High Traffic
      701 Brundidge Blvd, Troy, AL 36081
      View Details
    • $3 SF/Yr
      104,496 SF

      Troy Retail Center For Rent

      104,496 SF shopping center in Troy, Alabama.
      111 Southland Vlg, Troy, AL 36079
      View Details
    • Contact for pricing

      Retail Space on US Highway

      Retail space available on a busy highway near medical center.
      1327-1333 Us-231, Troy, AL 36081
      View Details

    FAQs

    Where is this retail property located?
    The property is located at 111 Southland Dr Troy, AL.
    What are key features of this property?
    This property features: Diverse tenant base with strong creditworthiness.; Anchored by national and regional retailers.; Demonstrates long-term lease stability with consistent renewals.
    Request Owner's contact information
    111 Southland Dr Troy, AL 36079
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    Troy, AL 36079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Southland Dr Troy, AL 36079
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