Tuesday, March 2nd, 2021 March2nd2021

Sold Alert: Murfreesboro Retail Center Sells for $253/SF

Published on March 2nd, 2021

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



  • 206 North Thompson Lane is a 100% occupied, like-new retail strip center in the heart of growing Murfreesboro.
  • Five suites with very desirable 1,500 SF floor plans.
  • Well designed and like-new.
  • 7,500 SF on 1.02 acres.
  • Well parked with 50 parking spaces for a ratio of 6.6/1,000 SF.
  • Incredible location.
  • Located roughly at the intersection of Interstate 24 and State Route 96…one of the most trafficked intersections in Middle Tennessee.
  • Diversified, staggered rent roll.
  • Diversified business types including dental, chiropractic, nail salon, food, and liquor store.
  • The property traded at a 7.1% cap rate.
  • The property just sold for $1,900,000…the equivalent of $253/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