The Gateway at Lake Martin

Alexander City, Alabama


Cross Streets: U.S. Highway 280 and Cherokee Road

Market: Alexander City and Lake Martin

Total Gross Leasable Area: 68,291 Sq. Ft.

Projected Opening Date: Fall 2024

The Development: Grocery and Fashion anchored center coming to the Alexander City and Lake Martin Area. It is strategically positioned off U.S. Highway 280.

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.
  • The new Benjamin Russell High School is being built with a projected completion date of August 2023. The 219,000 square-foot facility will accommodate about 1,500 students.


Demographics 10 Mi. Radius 15 Mi. Radius 20 Mi. Radius 10 Min. Drive Time 15 Min. Drive Time 20 Min. Drive Time
2023 Population 23,826 40,118 52,740 9,040 13,897 18,234
2028 Projected Population 23,214 39,638 52,728 9,759 14,907 19,729
2023 Average Household Income $78,749 $76,511 $76,176 $66,331 $69,767 $68,015
2023 Households 10,004 17,361 22,780 3,756 5,726 7,548