Wednesday, June 19th, 2024 June19th2024

SOLD ALERT: Lebanon Office Building Sold for $330/SF

Published on June 19th, 2024

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:
  • 1034 West Main Street in Lebanon, TN is a 39-year-old office building on a .53 acre corner parcel of land.
  • The building measures 2,772 SF with 15 parking spaces.
  • Former bank building with covered drive-thru.
  • The property is now occupied by Shannon Speck Electric.
  • Located across from Cedar Crest Shopping Center which is anchored by Planet Fitness and Big Lots.
  • Other nearby businesses include HTK Wealth Management, Don Scott Insurance and Liberty State Bank.
  • The buyer put 20% down with financing from First Freedom Bank at 6.64% interest.
  • The property last sold in 2006 for $475,000.
  • The property just sold for $915,000…the equivalent of $330/SF.


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.

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

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.

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