Tuesday, November 8th, 2022 November8th2022

Sold Alert: Germantown Retail Storefront Sold for $839/SF

Published on November 8th, 2022

Sold Alerts provide potential sellers with hard-to-get comparable sale information.



  • 506 Monroe Street in Nashville’s Germantown neighborhood was last home to clothing and fashion accessories retailer Alexis + Bolt.
  • The 3,100 SF building was constructed in 2005.
  • Sitting on a .2 acre (8,712 SF) lot, the building will soon be occupied by the buyer…an architectural firm.
  • Single story with surface and standalone garage parking.
  • Brick façade.
  • MUN Zoning.
  • Strong location.
  • Mural faces 5th Avenue N.
  • Rear alley.
  • The property last traded in 2019 for $950,000.
  • The asking price was $2,700,000.
  • The buyer put 20% down with financing from BankPlus at 5.81%.
  • The property just sold for $2,600,000…the equivalent of $839/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.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com