Tuesday, January 17th, 2023 January17th2023

Sold Alert: Harding Place Medical Office Building Sold for $243/SF

Published on January 17th, 2023

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:

  • 388 Harding Place in Nashville is a 4,010 SF medical office building.
  • Constructed in 1984, the 3-tenant building sits on a .46-acre parcel of land.
  • Located across from TriStar Southern Hills Medical Center.
  • Monument signage on Harding Place.
  • Traffic counts of 37,000 vehicles per day.
  • Direct suite entrance from the exterior.
  • Shared common area.
  • Half of the roof is covered with solar panels.
  • Tenants include Feltz Therapy Service, Total Tax and Business Services, and Carlotta Crawford, CNM.
  • The property last sold in 2003 for $400,000.
  • The property just sold for $975,000…the equivalent of $243/SF.

 

 


Get the blueprint to sell your property for the absolute highest price the market will pay.  Get your blueprint now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


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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.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com