Friday, May 6th, 2022 May6th2022

Sold Alert: West Nashville Industrial Building Sold for $151/SF

Published on May 6th, 2022

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

 

 

  • 115 Duluth Avenue is home to audio visual equipment supplier, Brantley Sound Associates.
  • The 34,000 SF metal building was constructed in 2002.
  • 29,000 SF warehouse, 4,000 SF office.
  • The building sits on a 3-acre parcel of land.
  • 27 parking spaces, 4 docks (8’x10’), 2 drive-ins (16’x16’), 19’-23’clear ceiling height.
  • The property last sold for $1,850,000 in 2009.
  • This was an all-cash transaction.
  • The property just sold for $5,125,000…the equivalent of $151/SF of building.

 

 


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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