Friday, November 10th, 2023 November10th2023

SOLD ALERT: Murfreesboro Retail Center Sold for $400/SF

Published on November 10th, 2023

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:
  • 207 Stones River Mall Blvd is a 3-tenant retail center located in the parking lot of Stones River Town Centre.
  • Located in front of AMC Theater, the attractive building backs up to Old Fort Parkway.
  • Built in 1991, the 13,000 SF building sits on a 1.3-acre parcel of land.
  • Fully occupied by Fedex Office, H&R Block and Veterinary Emergency Group on NNN leases.
  • Located next to Olive Garden.
  • The deal traded at a 6.65% cap rate.
  • The buyer completed a 1031 Exchange, put 50% down with financing from Sonata Bank, 5 year term.
  • On the market for 4 months.
  • The asking price was $5,308,300.
  • The property just sold for $5,188,631…the equivalent of $400/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.

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