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-)