Sold Alerts provide potential sellers with hard-to-get comparable sale information.
- 7311 and 7311B Nolensville Road consist of two retail office buildings on a combined .28 acre parcel.
- Built in 1994, the 2,469 SF front building was last occupied by Painted Dragon Fly.
- The 1,080 SF rear building is occupied by Itty Bitty Donuts.
- The property last traded in 2015 for $511,000.
- 549 days on market.
- 10 parking spots.
- The asking price was $1,500,000.
- The buyer put 20% down with financing from Fourth Capital Bank at 7.1% interest with a 10-year term.
- The property just sold for $1,475,000…the equivalent of $416/SF.
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About Beau Beach, MBA CCIM
Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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