Tuesday, December 12th, 2023 December12th2023

SOLD ALERT: Franklin Office Condo Sold for $418/SF

Published on December 12th, 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:
  • 400 Sugartree Lane in Franklin is located within the Maplewood Office Park.
  • Suite 400 was built in 2005 and measures 1,232 SF.
  • Ground floor with direct entrance.
  • Located roughly at the intersection of Hwy 96 and Mack Hatcher Parkway.
  • The office park is sandwiched between Brookdale Assisted Living and the retail strip center that includes Sprouts Farmers Market.
  • Attractive masonry façade. Set back off of Hwy 96 behind Cadence Bank.
  • There are approx. 15 condos in the development.
  • The property last traded in 2006 for $442,252.
  • The property just sold for $514,864…the equivalent of $418/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