Friday, September 17th, 2021 September17th2021

Sold Alert: Franklin, TN Warehouse Building Sold for $205/SF

Published on September 17th, 2021

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

 

 

 

  • 1108 Harpeth Industrial Court is a 6,280 SF warehouse that was constructed in 1972.
  • The single tenant building sits on a .39-acre parcel of land.
  • Located in the small industrial park next to “The Factory” on Franklin Road.
  • Metal building, one loading dock, no drive-in doors, 16’ ceiling height and 25 parking spaces.
  • The buyer, Five Daughters Bakery, put 15% down with financing from Cogent Bank.
  • The property just sold for $1,285,000…the equivalent of $205/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 nationwide commercial real estate brokerage for sellers…with emphasis in Nashville, Milwaukee and the states of 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