Tuesday, February 6th, 2024 February6th2024

SOLD ALERT: Nashville Office Building Sold for $462/SF

Published on February 6th, 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:
  • 2909 Elizabeth Street is located at the intersection of Nolensville Pike and Thompson Lane.
  • At time of sale, this one-story office building was occupied by Geotek Engineering.
  • This 30-year-old, masonry building measures 6,275 SF and sits on an oversized .74 acre of land.
  • 30 parking spaces.
  • Nearby businesses include Advanced Mechanical Contractors, Servant Group International and Depot Lawn Care.
  • The property last traded in 2021 for $1,964,000.
  • The seller financed a portion of the sale price.
  • The buyer, Nashville Anti-Human Trafficking Coalition, plans to occupy the building.
  • The property just sold for $2,900,000…the equivalent of $462/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