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REIT Sale | Dollar Tree + Former Big Lots | 45K VPD | 16% Occupied

$250,000

1327- 329 S Brudidge St, Troy, AL 36081

Active
Last Updated: 10/12/2026

54,808 sqft

Building Size

5.05 acres

Lot Area

Details:
Building Size:    54,808 sqft
Lot Area:    5.05 acres
Occupancy:    16.47%
Year Built:    1984
Parking Spots:    253
Highlights:
  • National Tenant Provides In-Place Income: Dollar Tree occupies 9,027 SF and contributes ±$76.5K in annual base rent plus reimbursements.
  • ±45,781 SF Big-Box Lease-Up Opportunity: Former Big Lots offers second-generation space for retail, fitness, showroom, or service users.
  • High-Visibility US-231 Corridor Position: Frontage sees ±34,020 VPD, plus ±11,029 VPD along S Brundidge Street and three access points.
  • Expansive Site with Functional Layout: ±5.05 acres provide 253 parking spaces, loading area, pylon signage, and flexible circulation.
  • Troy University Drives Year-Round Demand: Nearby campus (±1-mi) adds ±14,400 students, faculty, staff, athletics, visitors, and event traffic.
  • Flexible C-4 Highway Commercial Zoning: Broad-use framework supports multiple concepts and future repositioning, subject to approvals.
Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3495/retail/troy/al?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=november18_2026&utm_content=retail_3495

For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 1327-1329 S Brundidge Street in Troy, Alabama is a ±54,808-square-foot value-add retail center offering in-place income and substantial lease-up potential. The Property is ±16.47% occupied by Dollar Tree, which leases 9,027 SF and generates approximately $76.5K in annual base rent plus reimbursements, while the adjacent ±45,781-square-foot former Big Lots provides a large second-generation vacancy for repositioning. Situated on ±5.052 acres, the site includes 253 parking spaces, a loading area, pylon and façade signage, and three points of ingress/egress. The Property benefits from ±394 feet of frontage along S Brundidge Street at ±11,029 VPD and additional frontage/access along US-231/AL-10 at ±34,020 VPD. C-4 Highway Commercial zoning accommodates a broad range of commercial uses, subject to applicable approvals. The surrounding corridor includes national retailers, restaurants, and service businesses, while Troy University adds approximately 14,400 students plus faculty, staff, athletics, and visitor traffic. Within five miles, the trade area includes ±19,484 residents with average household income of ±$72,214. CoStar estimates Troy retail asking rents at approximately $15-$18/SF NNN, highlighting the income-growth opportunity through lease-up of the former Big Lots space.

Location
Troy is the Pike County seat and a regional commercial, education, and employment hub in southeastern Alabama. US-231/AL-10 connects the city with Montgomery and Dothan, each about one hour away. Troy University, major manufacturers, healthcare, logistics employers, and a concentrated retail corridor expand demand beyond the city's permanent population.


Bidding Opens
Nov 17 1:00 AM
Bidding Closes
Nov 19 1:00 AM

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