Monday, January 18th, 2021 January18th2021

Sold Alert: Charlotte Avenue Area Warehouse Sells for $568/SF

Published on January 18th, 2021

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

4301 Alabama Avenue is located one block off Charlotte Avenue with frontage on I-40.

The 1,760 SF warehouse was constructed in 2000 and sits on a 8,276 SF lot.

Three drive-in doors. 14 parking spaces.

The property next door was recently redeveloped into CubeSmart Self Storage.

This was an owner-user purchase. We expect the property to be used for auto repair.

The property just sold for $1,000,000…the equivalent of $568/SF.

 


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About Beau Beach, MBA CCIM

Beau is a tenacious Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a commercial real estate broker for sellers in the Nashville, Milwaukee and Florida markets.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com