Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 527 N Maple Street is a recently updated medical office building.
- Constructed in 1978, the 6,000 SF building sits on a .58-acre corner lot.
- Strong parking ratio of 5/1,000 SF.
- The building is fully occupied by Autism in Motion.
- The deal traded at a 6.59% cap rate.
- The property last sold in 2017, prior to the updates, for $537,000.
- The property just sold for $1,933,500…the equivalent of $322/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 Beau@soldbybeachwood.com