Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 320 Billingsly Court is located in the Cool Springs area of Franklin.
- The building was constructed in 2004 on a cul-de-sac, 3-acre lot.
- Well parked with 81 spaces (3.68/1,000 SF).
- The 21,252 SF building caters to media companies.
- Half the building is occupied by Big Idea Entertainment Productions (VeggieTales).
- The other half will be occupied by the buyer, Inciite Media.
- Inciite Media launched in 2010 and is the leading simulcast ministry resource for churches.
- The buyer put 35% down with financing from Studio Bank.
- The property just sold for $5,900,000…the equivalent of $278/SF.
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About Beau Beach, MBA CCIM
Beau is a battle-tested 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 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