2461 Panther Pkwy Smiths Station, AL 36877
This 5,000 square foot retail space, formerly a pharmacy, boasts a flexible open layout and is ideally situated on Panther Parkway in Lee County, Alabama. The property benefits from excellent visibility, being less than half a mile from Highway 280, which sees an average annual daily traffic count of approximately 27,512 vehicles. A significant advantage is its proximity to the brand new Renfroes Market, opened in Summer 2024, providing strong synergistic retail opportunities. Pylon signage is available, further enhancing visibility and brand recognition. The landlord is open to subdividing the space to accommodate various business needs. The location offers exceptional access to a substantial consumer base. Lee County is home to Auburn University, with over 28,000 students and 5,500 employees, contributing to a large and dynamic local market. Furthermore, the property enjoys convenient proximity to major population centers: approximately 8 miles from Phenix City, Alabama, and 10 miles from Columbus, Georgia, a city known for Fort Moore and its globally recognized urban whitewater course. Columbus offers a diverse range of amenities, including restaurants, accommodations, and year-round events. The property is also within 26 miles of Auburn, Alabama, situated in a rapidly growing metropolitan area with an estimated population of approximately 180,773 and a growth rate of 2.79%. This prime location presents a unique opportunity for businesses seeking high visibility and access to a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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