Tuesday, October 11th, 2022 October11th2022

Sold Alert: Rutherford County Industrial Building Sold for $273/SF

Published on October 11th, 2022

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

  • 122 Charter Place in LaVergne, TN is the home of L&L Equipment Sales.
  • The 39-year-old distribution building sits on a 5.16-acre lot.
  • The 11,725 SF building has 18 loading docks.
  • Zoned I-2.
  • Substantial parking and outdoor storage.
  • Located roughly at the intersection of I-24 and Waldron Road.
  • The buyer is a multifamily investor who is diversifying into industrial outdoor storage.
  • This was an all-cash purchase.
  • The property just sold for $3,200,000…the equivalent of $273/SF.

 

 


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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.

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