Friday, December 10th, 2021 December10th2021

Sold Alert: Wilson County Office Building Sold for $248/SF

Published on December 10th, 2021

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

 

 

  • 5003 Crossing Circle in Mount Juliet is located roughly at the intersection of I-40 and Mt Juliet Road.
  • The 14,930 SF building sits on a 1.95 acre lot.
  • Built in 2008, the two-story masonry building is home to tenants like AC Dentistry, Centennial Pediatrics, Oxford Orthodontics and Mt. Juliet Center for Hyperbaric Medicine.
  • Parking ratio of 4 spaces per 1,000 SF.
  • The buyer put 20% down with financing from INSBank.
  • The property last sold in 2011 for $4,300,000.
  • The property just sold for $3,700,000…the equivalent of $248/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 nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee 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 Beau@soldbybeachwood.com