Thursday, July 18th, 2024 July18th2024

SOLD ALERT: Murfreesboro Office Building Sold for $383/SF

Published on July 18th, 2024

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:
  • 206 Fortress Blvd is a 3,921 SF office building that was constructed in 2008.
  • The building sits on a .69-acre parcel of land with 29 parking spaces.
  • 127 days on the market.
  • Located roughly at Franklin Road and Fortress Blvd, nearby businesses include Spotlite Dance Studio, Aunty K’s Care Center, Gross Residential, CVS and 7-Eleven.
  • The undeveloped land sold for $215,000 in 2008.
  • The asking price was $1,600,000.
  • This was an owner-user purchase.
  • The property just sold for $1,500,000…the equivalent of $383/SF.

 


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.


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


About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four.  His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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