Tuesday, January 26th, 2021 January26th2021

Sold Alert: Franklin Office Building Sells for $224/SF

Published on January 26th, 2021

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

 

 

150 N. Royal Oaks Blvd is a small, two story, multi-tenant office building.

The 3,688 SF building was constructed in 1986 and sits on a 5,227 SF lot.

Parking for 10 vehicles.

The building has four suites that were occupied by tenants on month-to-month leases providing the buyer with flexibility.

The property sold for full asking price which is rare in our market.

The property just sold for $825,000…the equivalent of $224/SF.

 

 

 


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About Beau Beach, MBA CCIM

Beau is a tenacious 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 commercial real estate broker for sellers in the Nashville, Milwaukee and Florida markets.

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