Updated Dec 4, 2024
BRN Talladega, LLC Acquires Industrial Warehouse At 75 Odyssey Lane In Talladega For $3.65M
$3,650,000
$44/SF
Building Size
81,500 SF
Asset Type
Industrial
Closing
Oct 3, 2023
About this deal
AI
Marcus & Millichap has announced the sale of an 81,500-square-foot industrial warehouse located at 75 Odyssey Lane in Talladega, Alabama. The property was sold for a total price of $3.65 million, resulting in a price per square foot of $45.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,650,000
- Square footage: 81,500
- Address: 75 Odyssey Lane, Talladega, AL
- Market: Talladega, AL
The buyer of the property is BRN Talladega, LLC, while the seller is Hopkins Properties of Talladega, LLC. The broker representation for both parties was handled by Brian Higdon and Nick Neuroth of Marcus & Millichap.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Marcus & Millichap to view all their deals.
Browse Alabama industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93