Tuesday, March 15th, 2022 March15th2022

Sold Alert: Belle Meade Area Office Building Sold for $190/SF

Published on March 15th, 2022

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

  • 5121 Harding Pike is the former home of Belle Meade Animal Hospital.
  • The property is located next to Sperry’s Restaurant and the newer Iroquois Dentistry building.
  • Constructed in 1950, the 4,195 SF building has limited parking with just 6 parking spaces.
  • 56’ of frontage on Harding Place.
  • The land parcel measures 9,224 SF.
  • The property is now being offered for lease at an undisclosed rate.
  • The buyer put 25% down with 2.99% financing from Cogent Bank.
  • The property just sold for $795,000…the equivalent of $190/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