27950 Al-21Talladega, AL 35160

Property Details for 27950 Al-21

Year built

1999

Lot size

2.10 AC

Property size (Sq ft)

10,800 SF

Property type

Sports & entertainment properties

Property subtype

Other specialty properties

Description

This 10,800 square foot building, situated on a 2.1-acre lot in Talladega, Alabama, presents a unique investment opportunity. Built in 1999, this single-story structure boasts a 10-foot ceiling height and one loading dock. Currently operating at 100% occupancy with a lease in place until September 1, 2029 (4.8 years remaining), the property offers a stable income stream. The lease is a NNN (Net, Net, Net) agreement at $10 per square foot, with a lease commencement date of September 1, 2024. The asking price is $900,000, translating to $83.33 per square foot. The property's zoning allows for diverse uses, including but not limited to religious institutions, schools, and entertainment venues. Its location on a main road ensures high visibility and traffic. The building's adaptable design makes it suitable for various redevelopment projects. This is a rare opportunity to acquire a well-located, versatile commercial property with significant potential.

Location Insight

City

Talladega

County

Talladega

State

Alabama

Latitude

33.3872

Longitude

-86.1522

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