Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 162 Jefferson Pike in La Vergne is a pair of warehouse buildings on a 1.67 acre lot.
- Located roughly at the intersection of N Lowry Street and Jefferson Pike, the buildings were constructed in 1992 and 2000.
- One building measures 8,000 SF and the other 12,400 SF.
- They were fully occupied at time of sale.
- One of the two tenants was on a month-to-month lease.
- The metal buildings have 3 drive-in doors and one loading dock combined.
- The property last traded in 2011 for $800,000.
- The asking price was $1,800,000.
- The property just sold for $1,700,000…the equivalent of $83/SF.
(FREE PROMOTION) Find out how much your property is worth, for free, before you list it for sale. Get your property value now.
Get all our exclusive content in one simple email, every Friday. Sign up now.
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 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