Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 200 Seaboard Lane in Franklin is a two-story, 8,484 SF office building.
- Constructed in 1995, the masonry building sits on a .93 acre corner lot.
- This was an owner-user purchase with the buyer’s business relocating from Westgate Commons in the Cools Springs area of Brentwood.
- Under parked with 17 spaces (2/1,000 SF) but land available to add more.
- The property was on the market for 375 days.
- The buyer put 15% down with financing from Fourth Capital Bank.
- The property traded for $400,000 less than asking price.
- The property just sold for $2,100,000…the equivalent of $248/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