Tuesday, March 12th, 2024 March12th2024

SOLD ALERT: West Nashville Industrial Property Sold for $272/SF

Published on March 12th, 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:
  • 6115 Cockrill Bend Circle is a 17,931 SF warehouse that was built in 1997.
  • The single user building sits on a 1.72-acre parcel of land.
  • Located near the music and arts performance center called OZ Arts, the seller operated his consumer product company (DELK) from the building.
  • 25 parking spaces, 12’ ceiling height, 3 drive-in doors.
  • John C. Tune Airport is to the east and the Cumberland River to the west of the just-sold property.
  • The building lies between Nashville Chemical and Aramark Uniform Services.
  • Precision Design & Machine and Guardian Access Solutions are located across the street.
  • The property last traded in 2001 for $450,000.
  • This was an all-cash transaction.
  • The property just sold for $4,880,000…the equivalent of $272/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