Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 2400 Pulaski Highway in Columbia is the former home of Service King.
- The vacant 10,624 SF building was constructed in 1976.
- The parcel of land totals 1.07 acres. 427’ of frontage with two curb cuts.
- The buyer was a Nashville developer.
- The property last traded in 2019 for an 8.4% cap rate or $1,000,000.
- The purchase was 100% financed by Commercial Bank in addition to a large construction loan.
- The property just sold for $1,150,000…the equivalent of $108/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 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