Tuesday, February 9th, 2021 February9th2021

Sold Alert: Spring Hill Retail Property Sells for $451/SF

Published on February 9th, 2021

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

 

 

  • 4871 Port Royal Road is the home of First Farmer’s Bank.
  • The 6,048 SF retail property sits on a 2.01 acre lot.
  • Constructed in 2011, the attractive bank is surrounded by other high profile businesses including Walgreens, McDonalds, Bojangles, Spring Hill Smiles and Twice Daily.
  • 40 parking spaces.
  • 4 drive-thru lanes.
  • Two curb cuts.
  • The property just sold for $2,730,000…the equivalent of $451/SF.

 

 

 


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About Beau Beach, MBA CCIM

Beau is a tenacious 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 commercial real estate broker for sellers in the Nashville, Milwaukee and Florida markets.

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