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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5039 Us-231 Wetumpka, AL 36092

48,387 SF 6.96 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 48,387 square foot Publix grocery store located at 5039 US-231 in Wetumpka, Alabama (zip code 36092). Built in 2024, this Class A retail property sits on a 6.96-acre lot and boasts 233 parking spaces. The property benefits from a strong corporate guarantee and a 100% occupancy rate, secured by a single-tenant, 20-year lease with Publix, a highly reputable and financially stable grocery chain. The lease structure includes eight 5-year renewal options, providing long-term stability and predictable cash flow. The property's strategic location along US Highway 231, a major north-south thoroughfare with an average annual daily traffic count of 35,560 vehicles, ensures high visibility and accessibility. Its proximity to Lake Martin further enhances its appeal, attracting affluent clientele traveling between Montgomery and the lake. With the nearest competing Publix over 12 miles away, this location enjoys a significant competitive advantage within its large trade area. The asking price is $15,610,000, representing a 5.20% cap rate. This investment offers a rare opportunity to acquire a secure, long-term cash flow stream from a premier tenant in a prime location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 48,387 SF
Lot 6.96 ac (303,178 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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