For Sale
T-Mobile | Talladega, AL
Asking Price: $1,380,000
| Cap Rate: 7%
- Net Operating Income: $96,760
- Weighted Avg. Lease Term (WALT): 9.4 Years
- Lease Type: Net
Property Highlights
- Leased to T-Mobile on a new 10-year net-lease; very minimal landlord responsibilities
- Home to the Talladega Superspeedway; track of multiple NASCAR races that welcomes a combined 436,000 attendees per year
- New construction: building was completed in Q3 of 2022
- Corporately guaranteed from national tenant; with over 20,100+ locations nationwide; Investment grade tenant (S&P: BBB-)
