Tuesday, January 16th, 2024 January16th2024

SOLD ALERT: Wilson County Retail Property Sold for $326/SF

Published on January 16th, 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:
  • 1059 Plaza Drive in Mount Juliet is better known as the home of Mt. Juliet Early Learning Center.
  • The 4,565 SF, single story building was constructed in 1988.
  • The masonry building sits on an oversized 1.17-acre lot at the dead end on a cul-de-sac.
  • 16 parking spaces.
  • Located roughly at the intersection of N. Mt Juliet Road and Old Lebanon Dirt Road.
  • Turn at the retail center known as Rainbow Place, across from Dairy Queen.
  • The property last traded in 1988 for $65,000 before development.
  • The buyer put 10% down with the remainder being financed by the seller at 7.76% interest.
  • The property just sold for $1,489,900…the equivalent of $326/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.

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