Tuesday, August 27th, 2024 August27th2024

SOLD ALERT: Cool Springs Commercial Building Sold for $539/SF

Published on August 27th, 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:
  • 208 Seaboard Lane in the Cool Springs area of Franklin just sold for $500,000 above the asking price.
  • Built in 1996, the 6,313 SF single-user building sits on a 1-acre parcel of land with 37 parking spaces.
  • The property was sold vacant.
  • KinderCare Learning Center, a daycare, recently vacated.
  • Zoned Light Industrial.
  • Masonry construction.
  • Roughly located at the intersection of Mallory Station Road and Seaboard Lane, nearby businesses include Street Tuxedo, Rest Anti-Aging Therapies, Franklin Fire Dept and JLB Web Design + Marketing.
  • The asking price was $2,900,000.
  • The property just sold for $3,400,000…the equivalent of $529/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