Tuesday, November 21st, 2023 November21st2023

SOLD ALERT: Maury County Industrial Property Sold for $122/SF

Published on November 21st, 2023

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:
  • 3515 Cleburne Road in Spring Hill is a 100,000 SF warehouse on 14.92 acres.
  • The property was recently home to Timberland Cabinetry Company and Superior Irrigation and Landscape Supply.
  • The property was sold vacant.
  • Located near the GM Plant and next to Spring Hill Middle School.
  • 17,000 SF of office space, 23 loading docks. 9 drive-in doors, 18-24’ ceiling heights.
  • The 33-year-old building last traded in 2009 for $2,000,000.
  • The buyer is in the roofing materials and building supplies business.
  • 122 days on market.
  • The asking price was $12,500,000.
  • The property just sold for $12,200,000…the equivalent of $122/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