Sold Alerts provide potential sellers with hard-to-get comparable sale information.
- 1002 Samsonite Blvd is the long-time home of Patco, a contractor and supplier of hydraulic and fire safety systems.
- The sale included two parcels of land totaling 1.5 acres.
- The 8,800 SF warehouse was constructed in 1996.
- 31 paved parking spaces, one loading dock, one drive-in door.
- Nearby businesses include Murfreesboro Driver License Testing Center, MudRock 4×4 Jeep and Truck Customization and SledgeCraft.
- The buyer put 12% down with 15-year financing from First Horizon Bank at 6.13% interest.
- The property last sold for its land value of $55,000 in 1996.
- The property just sold for $1,950,000…the equivalent of $222/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