

Publix
2024 Build-to-Suit | Fee Simple | Rare Single-Tenant Publix
Marketing description
Northmarq is pleased to present to qualified investors the opportunity to acquire a fee-simple interest in a rare single-tenant, 2024 Build-To-Suit Publix supermarket located at 5039 U.S. Highway 231, Wetumpka, AL 36092 (the “Property”).
This offering features a build-to-suit Publix supermarket encompassing approximately 48,387-square-feet on ±6.96 acres. Completed in 2024, the Property showcases Publix's latest prototype design, delivering modern efficiencies and enhanced customer experience. Publix occupies the site under a 20-year net lease providing long-term income stability. The lease includes eight (8) five-year renewal options, ensuring potential occupancy for up to 60 years. Publix is the largest employee-owned grocery chain in the United States, with 2024 retail sales in excess of $59.7 billion and over 260,000 employees.
Wetumpka and surrounding communities attract people from Montgomery due to strong school systems and low crime. The property is perfectly positioned to capture affluent lake traffic traveling from Montgomery to Lake Martin, which is not captured in the demographics.
Investment highlights
RARE SINGLE-TENANT PUBLIX WITH 20-YEAR NET LEASE
STRONG DEMOGRAPHICS
STRATEGIC LOCATION IN MONTGOMERY MSA
2024 CONSTRUCTION ON LARGE 7-ACRE PARCEL
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