Friday, September 10th, 2021 September10th2021

Sold Alert: Memorial Boulevard Retail Building Sold for $216/SF

Published on September 10th, 2021

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

 

 

  • 2206 Memorial Blvd in Murfreesboro is the home of Wine Cellar…a liquor store.
  • The one-story, 10,200 SF building was constructed in 2016.
  • The building sits on a one-acre parcel with one curb cut.
  • In 2015, the undeveloped land sold for $625,000.
  • The properties on each side are yet-to-be-redeveloped residential homes.
  • The property just sold for $2,220,000…the equivalent of $216/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