Tuesday, December 20th, 2022 December20th2022

Sold Alert: Franklin Office Building Sold for $714/SF

Published on December 20th, 2022

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:

  • 1345 W Main Street in Franklin, TN is a 4,200 SF medical office building.
  • Built in 1980 with substantial recent interior updates.
  • Located across the street from the Williamson County Administration Complex, the masonry building sits on a .84 acre corner lot with 33 parking spaces.
  • For reference, one block away The Magnolia, a recently updated 20,000 SF multi-tenant office building, is listed for sale at $5,250,000.
  • One mile from Downtown Franklin.
  • Two curb cuts.
  • The building is fully occupied by Rachel Oats Family Dental who was also the buyer.
  • The property last sold in 2016 for $1,350,000.
  • The property just sold for $3,000,000…the equivalent of $714/SF.

 

 

 


Get the blueprint to sell your property for the absolute highest price the market will pay.  Get your blueprint now.


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


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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