Tuesday, December 19th, 2023 December19th2023

SOLD ALERT: NW Broad Street Retail Building Sold for $289/SF

Published on December 19th, 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:
  • 919 NW Broad Street is better known as the home of Animal City Peter Center, a pet store.
  • Animal City Pet Center has been in business since 1990.
  • Located roughly at the intersection of NW Broad and Medical Center Pkwy, the 46-year-old building measures 4,320 SF and sits on a .48 acre lot.
  • 19 parking spaces.
  • Walk out basement level.
  • Nearby businesses include Synergy Pest Control, Direct Auto Insurance, Hardees and Salon Suites International.
  • The buyer put 15% down with financing from Pinnacle Bank at 7.18%.
  • This was a tenant purchase.
  • The property just sold for $1,250,000…the equivalent of $289/SF.

 

 


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About Beau Beach, MBA CCIM

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

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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