Tuesday, March 14th, 2023 March14th2023

Sold Alert: South Nashville Industrial Property Sold for $326/SF

Published on March 14th, 2023

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:

  • 1227 Fesslers Lane is home to Ryder Used Vehicle Sales.
  • Ryder has 1.5 years of remaining lease term.
  • The 2.6-acre property includes a 9,520 SF building which was constructed in 1960.
  • Zoned IR (Industrial Restricted).
  • 12’ building height, single tenant, 4 loading docks, masonry construction.
  • Located within the sought after South Nashville industrial submarket.
  • The property just sold for $3,100,000…the equivalent of $326/SF of building or $27/SF of land.

 

 


Get the blueprint to sell your property for the absolute highest price the market will pay.  Get your blueprint now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


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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.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com