Friday, April 22nd, 2022 April22nd2022

Sold Alert: Smyrna Retail Building Sold for $156/SF

Published on April 22nd, 2022

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.



  • 401 Smyrna Square Drive is better known as the Sherwin Williams paint store off of S Lowry Street.
  • The property is behind Wendy’s and next to AutoZone.
  • The 5,000 SF building was constructed in 1999 on a .91 acre parcel of land.
  • 15 parking spaces, pylon sign.
  • Corporately guaranteed NN lease structure.
  • Sherwin Williams has since signed a 10 year lease extension and the property was immediately put back on the market for sale at a 5.25% cap rate.
  • The buyer put 25% down with financing from United Community Back at 3.01% interest for 60 months.
  • The property just sold for $780,000…the equivalent of $156/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