Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 129 Franklin Road is the home of Persian Galleries of Nashville.
- The 4,750 SF masonry building was constructed in 1970 on .54 acre.
- 20 parking spaces.
- Dual access from Franklin Road and Thoroughbred Lane.
- A newly constructed mixed-use building across the street (122 Franklin Road) also just sold for $5M…and will become home to Commercial Bank.
- This property last sold in 2016 for $2,425,000.
- The buyer put 28% down with financing from INSBank.
- The property just sold for $3,800,000…the equivalent of $800/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