Friday, April 1st, 2022 April1st2022

Sold Alert: Madison Retail Property Sold for $110/SF

Published on April 1st, 2022

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



  • 721 Myatt Drive is a former AMC movie theater.
  • It will soon be converted to an office building for the Madison Suburban Utility District.
  • The property is located behind Steak ‘n Shake on Myatt Drive in the Rivergate Mall area.
  • The 36,507 SF building was constructed in 1995 on an oversized 8.6-acre parcel of land with a massive parking ratio of 10/1,000 SF.
  • The property just sold for $4,000,000…the equivalent of $110/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