Tuesday, April 16th, 2024 April16th2024

SOLD ALERT: Madison Industrial Building Sold for $233/SF

Published on April 16th, 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:
  • 722 Myatt Drive in the Madison area of Nashville is a 2-year-old warehouse.
  • The 6,000 SF industrial building sits on a one-acre parcel of land.
  • This was an occupant purchase.
  • One drive-in door.
  • Metal construction.
  • 10 parking spaces.
  • Single tenant.
  • IR (Industrial Restricted) Zoning.
  • 14’ ceilings.
  • Hidden behind the Gallatin Pike TJ Maxx.
  • Other nearby businesses include: Amazon Distribution, Koorsen Fire & Security, Bluelinx and Maragoni Tread.
  • Now occupied by Mr. Smoke Wholesale Inc which also has a retail location nearby at 441 Myatt Drive.
  • The property just sold for $1,400,000…the equivalent of $233/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