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OMCO Fabrication

1200 Ward Ave

Talladega, AL

OMCO Fabrication

offering
memorandum

place offer

Property Details

available

Address

1200 Ward Ave

City

Talladega, AL

Zipcode

35160

Net Operating Income

Year Built

Cap Rate

Lease Structure

Lot Size

8.35 AC

Lease Term

Building Size

8.35 AC

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

%

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