Friday, March 18th, 2022 March18th2022

Sold Alert: Hermitage Area Retail Building Sold for $140/SF

Published on March 18th, 2022

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

 

 

  • 100 Bonnabrook Drive is located behind the McDonalds on Lebanon Pike in Hermitage.
  • The property was last home to Gorilla Warfare Fitness.
  • The 5,143 SF building was constructed in 1970.
  • Sitting on a 19,309 SF (.44 acre) parcel of land, the property offers 15 parking spaces (2.8/1,000 SF).
  • The property last sold in 2019 for $729,000.
  • The asking price was $775,000.
  • The buyer put 25% down with financing from Firstbank.
  • The property just sold for $720,000…the equivalent of $140/SF.

 

 


(FREE PROMOTION) Find out how much your property is worth, for free, before you list it for sale.  Get your property value now.


Get all our exclusive content in one simple email, every Friday.  Sign up now.


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.

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