Tuesday, February 28th, 2023 February28th2023

Sold Alert: Rutherford County Industrial Property Sold for $248/SF

Published on February 28th, 2023

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:

  • 151 Bain Drive in La Vergne combines two buildings on 4 acres of industrial land.
  • The first building is an 1,800 SF office building that fronts Bain Drive.
  • The second is a 6,000 SF, 4-bay, 21’ clear ceiling height warehouse.
  • Built in 1990, the buildings total 7,800 SF.
  • Fenced perimeter.
  • I-2 industrial zoning.
  • Strong industrial location near the Bridgestone Manufacturing Plant.
  • The buyer was the current occupant, Skyworks Equipment Rental.
  • The property last sold in 2017 for $1,241,900.
  • The property just sold for $1,932,000…the equivalent of $248/SF of building or $11/SF of land.

 

 


Get the blueprint to sell your property for the absolute highest price the market will pay.  Get your blueprint now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


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About Beau Beach, MBA CCIM

Beau is a battle-tested 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 nationwide commercial real estate brokerage for sellers…with emphasis in Nashville and the Southeast.

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.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com