Tuesday, January 11th, 2022 January11th2022

Sold Alert: Bellevue Area Office Building Sold for $197/SF

Published on January 11th, 2022

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

 

 

  • 908 Harpeth Valley Place in the Bellevue area of Nashville is a 2,750 SF office building.
  • Originally constructed in 2000, the one-story building offers 10 parking spaces (3.64/1000 SF).
  • The .27-acre single tenant property is located within the Harpeth Valley Office Park which is roughly at the intersection of I-40 and Hwy 70 S.
  • Last occupied by Action Collection Agency, the property was on the market for 331 days.
  • The buyer put 20% down with financing from Cogent Bank.
  • Asking price of $699,000.
  • The property just sold for $542,500…the equivalent of $197/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