Tuesday, October 26th, 2021 October26th2021

Sold Alert: Sumner County Flex Building Sold for $175/SF

Published on October 26th, 2021

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

 

 

  • 152 Molly Walton Road in Hendersonville is a 20,000 SF flex building that was constructed in 2004.
  • Flex buildings are by design “flexible” and allow for a wide range of office and warehouse uses.
  • They can be used for many purposes and are easier to retrofit than typical warehouse buildings.
  • The property has 14,564 SF of office space and 5,436 SF of warehouse space.
  • This multi-tenant building sits on a 2.49-acre lot with 67 parking spaces.
  • 18’ ceiling height, two drive-in doors.
  • The buyer is based in New York.
  • The property just sold for $3,500,000…the equivalent of $175/SF.

 

 


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About Beau Beach, MBA CCIM

Beau is a tenacious 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, Milwaukee and the states of 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