Tuesday, August 23rd, 2022 August23rd2022

Sold Alert: Sumner County Warehouse Sold for $175/SF

Published on August 23rd, 2022

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

  • 1121 Gregory Drive in Gallatin is a 22-year-old, single user warehouse.
  • The 16,000 SF structure sits on an oversized 3.22-acre parcel of land.
  • Located near Music City Executive Airport, the property lies just south of Hartsville Pike in an industrial park.
  • 3 loading docks, one drive-in door, 15 parking spaces.
  • Unused land behind the building.
  • The property was on the market 134 days. It last traded in 2009 for $846,000.
  • This was an all-cash transaction.
  • The property just sold for $2,800,000…the equivalent of $175/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@BeachwoodSells.com