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4812 Us-280 Alexander City, AL 35010

Publix-anchored, 9-tenant shopping center

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Class A, 93,352 square foot shopping center in Alexander City, Alabama, presents a compelling investment opportunity. Located at 4812 US-280, this 2024-built, single-story property boasts 100% occupancy and features a diverse tenant mix including Publix, Starbucks, Marshalls, and six additional tenants. The center benefits from long-term leases with a weighted average lease term exceeding 14.5 years, minimizing near-term capital expenditure needs. Its prime location at the intersection of US-280 and AL 63 provides convenient access to the affluent Lake Martin communities, capitalizing on the area's thriving tourism and residential growth. The inclusion of a two-tenant outparcel featuring Starbucks and another tenant further enhances the property's value and income stream. Publix, the first full-service national grocer in the market, opened in early November 2024, immediately addressing a significant community need and establishing a strong anchor tenant. This property offers a rare combination of high-quality construction, strong tenancy, and a desirable location, making it an ideal investment for discerning buyers seeking stable, long-term returns. Rent bumps are included in the lease agreements. Tallapoosa County location.

Highlights

  • Class A, 93,352 SF, multi-tenant retail center in Alexander City, AL.
  • 100% occupied, anchored by Publix, with tenants including Starbucks, Marshalls, and others.
  • Nine total tenants with a weighted average lease term of 14.5 years remaining.
  • New construction (2024) with built-in rent bumps.
  • Located at the primary intersection of US-280 and AL-63, serving affluent Lake Martin communities.

Property Details for 4812 Us-280

Property type
Lifestyle centers, Power centers
Square Feet
93,352 SF
Class
A
Year Built
2024
Stories
1

Location Insight

City
Alexander City
County
Tallapoosa
State
Alabama
Latitude
32.916256536529
Longitude
-85.953343566866

FAQs

What type of property is this?
Lifestyle center - Publix-anchored, 9-tenant shopping center
Where is the lifestyle center located?
The property is located at 4812 Us-280 Alexander City, AL.
What are key features of this property?
This property features: Class A, 93,352 SF, multi-tenant retail center in Alexander City, AL.; 100% occupied, anchored by Publix, with tenants including Starbucks, Marshalls, and others.; Nine total tenants with a weighted average lease term of 14.5 years remaining.
How can I contact the broker?
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4812 Us-280
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