Friday, June 3rd, 2022 June3rd2022

Sold Alert: Rutherford County Industrial Building Sold for $207/SF

Published on June 3rd, 2022

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

 

 

  • 531 Huntley Industrial Blvd in Smyrna is a 6,000 SF warehouse that was built in 2003.
  • Last occupied by a custom car shop, the property was delivered vacant at time of sale.
  • Plenty of fenced in and gated parking on the .89-acre parcel of land. Heated and cooled.
  • Renovated office and bathroom.
  • LED lighting.
  • Mezzanine area for storage.
  • The buyer put 6% down with financing from Simmons Bank with a 10-year loan term.
  • The asking price was $1,495,000.
  • The property just sold for $1,242,000…the equivalent of $207/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