INQUIRIESHighlights
Cross Streets: U.S. Highway 280 and Cherokee Road
Market: Alexander City and Lake Martin
Total Gross Leasable Area: 68,291 Sq. Ft.
Featured Tenants: Publix, Marshalls, Five Below, Rack Room Shoes, T-mobile, Jersey Mikes and Starbucks.
The Development: 46,791 square foot grocery store with a 21,500 square foot junior anchor and shops.
The Outparcels: Surrounding the development are 7 outparcels. Average outparcel size is +/- 1.16 acres.
Major Area Employers: SL Alabama, Russell Medical Center, Russell Lands, Russell Brands, Walmart Supercenter, and Alexander City Board of Education
Market Information
- Alexander City is located on the shores of beautiful Lake Martin, a 44,000-acre freshwater lake with 750 miles of shoreline, luxury homes, condominiums, cabins, restaurants and marinas.
- Russell Lands is the largest recreational developer in Alabama and has developed a premier lake community in the area, The Heritage. The Wicker Point Golf Club is the centerpiece for Russell Lands’ The Heritage.
- Russell Medical Center located in Alexander City was voted a Top 100 Hospitals in the United States by the Thompson Reuters Report. Russell Medical Center houses a cancer center, a rehabilitation wing, a professional office building and 81 private room beds.
- Central Alabama Community College (CACC) is located in Alexander City and has over 2,500 students enrolled.
- Alexander City is home to Wind Creek State Park which covers 1,445 acres and hosts over 252,000 visitors each year.
- An average of 25,000 vehicles pass through the site crossroads which links Birmingham, Alabama to Lake Martin and Auburn University.
- Alexander City is located in Tallapoosa County and is the closest major city to Lake Martin which has over 9,000 households.
- Lake Martin real estate is valued at over $4.7 billion dollars and is projected to see over 4,000 new homes built over the course of the next 20 years, averaging over 200 homes per year.
Demographics
| Demographics | 10 Mi. Radius | 15 Mi. Radius | 20 Mi. Radius | 10 Min. Drive Time | 15 Min. Drive Time | 20 Min. Drive Time |
|---|---|---|---|---|---|---|
| 2024 Population | 23,491 | 41,199 | 53,977 | 9,054 | 14,077 | 18,103 |
| 2028 Projected Population | 23,685 | 41,333 | 53,728 | 9,759 | 14,907 | 19,729 |
| 2024 Average Household Income | $79,500 | $86,420 | $87,112 | $66,164 | $69,206 | $68,167 |
| 2024 Households | 9,973 | 17,947 | 23,471 | 3,812 | 5,907 | 7,543 |
Location
Photo Gallery
