Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 1306 Murfreesboro Road in Franklin is best known as the former Shoney’s restaurant.
- The 5,788 SF restaurant building was constructed in 1992.
- The building sits on 1.15 acres with 60 parking spaces.
- The buyer intends to renovate the existing building to accommodate its high-end liquor store which will be known as Barrels & Brews.
- The buyer owns and operates a similar business in Nolensville.
- The property last traded in 2018 for $3,200,000.
- The property just sold for $4,200,000…the equivalent of $726/SF.
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About Beau Beach, MBA CCIM
Beau is a tenacious 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, Milwaukee and the states of 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