Tuesday, August 16th, 2022 August16th2022

Sold Alert: Warehouse in Lebanon Sold for $190/SF

Published on August 16th, 2022

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

 

 

  • 1715 Murfreesboro Road is a 5,000 SF warehouse that was built in 1999.
  • The simple metal building sits on an oversized 3.5 acre parcel of land.
  • Two drive-in doors.
  • Gated entrance leads to a gravel parking lot.
  • 14’ clear ceiling height.
  • Last occupied by Larry’s Woodworking.
  • The buyer is a golf cart dealer.
  • The buyer put 5% down with financing from Tristar Bank at 5.25% for 20 years.
  • The property just sold for $950,000…the equivalent of $190/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.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com