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:
- Built in 2001, 440 Cool Springs Blvd in the Cool Springs area of Franklin is the long-time home of Old Chicago Pizza.
- The building measures 6,546 SF and sits on a 1.46 acre parcel of land.
- Sold vacant, the property is flanked by McDonalds and a strip center that includes Chipotle, Poke Bros and DXL Men’s Apparel.
- PF Chang’s is located across the street.
- Approx. 50 parking spaces.
- 3 blocks from the high traffic intersection of Mallory Lane and Cool Springs.
- This was an investor purchase.
- The property last traded in 2001 for $969,645.
- The property just sold for $2,332,592…the equivalent of $356/SF.
Get clarity on 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