OMCO Fabrication
1200 Ward Ave
Talladega, AL
Property Details
available
Address
1200 Ward Ave
City
Talladega, AL
Zipcode
35160
Net Operating Income
Year Built
Cap Rate
7.50%
Lease Structure
Lot Size
8.35 AC
Lease Term
Building Size
103,027
SQ FT
Investment Details
- Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM) making this an ideal investment for investors seeking true passive incoming producing assets with zero landlord responsibilities.
- Terrific Bite-Sized Deal - Cheap price point paired with a strong operating history making this an ideal investment for 1031 exchange investors.
- Below Market Rent - Tenant is only paying a mere $1.28/SF, which in our opinion, is substantially below market as estimates are ranging between ($4-5/SF)
- Niche Market - OMCO Fabrication has been serving the city of Talladega since the year of 2014 allowing for a long-term, repeat, established customer base.
- Strategically Located - The metal fabrication shop has over 100,000 square feet of space for manufacturing, offices, and storage. Ideally positioned right off I-20, between Atlanta & Birmingham — two of the most significant transportation hubs of the Southeast.
- Largest Custom Roll Former in the United States – OMCO Fabrication is a part of the OMCO Holdings family including OMCO Roll Forming Plus® and OMCO Solar® divisions.
Asking Price
$1,760,000
cap rate
7.50%
%
Contact Us
.png)
-2.png)
