Tuesday, May 7th, 2024 May7th2024

SOLD ALERT: Franklin Industrial Building Sold for $332/SF

Published on May 7th, 2024

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:
  • 4408 Franklin South Court is an 8,214 SF warehouse that was constructed in 2000.
  • The building sits on a .93-acre pie shaped parcel of land that overlooks I-65.
  • Located across from Williamson County Ag Expo Park.
  • 3 drive-in doors.
  • One loading dock.
  • 24’ ceiling height.
  • The property last traded in 2000 for its land value of $125,000.
  • 1,700 SF of office space.
  • At time of sale the property was occupied by Cooper’s Garage, a car repair business.
  • The asking lease rate is estimated at $19.50 NNN.
  • The mortgage interest rate is 6.94%.
  • 224 days on market.
  • The asking price was $3,000,000.
  • The property just sold for $2,725,000…the equivalent of $332/SF.


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.

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

About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur, author and adoring father of four.  His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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