Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 1725 Medical Center Parkway is a three story, 45,798 SF medical office building in Murfreesboro.
- Built in 2006, the property was 85% occupied at time of sale.
- Known as Gateway Medical Plaza I.
- Oversized 3 acre lot with parking ratio of 5.46/1,000 SF.
- Tenants include Middle TN Oral & Implant Surgery, Genesys Medicine, Pinnacle Dermatology, Cool Springs Surgical Associates, Nashville Fertility Center and STAR Physical Therapy.
- The property last traded in 2017 for $11,800,000.
- The property just sold for $14,600,000…the equivalent of $319/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 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