Tuesday, February 21st, 2023 February21st2023

Sold Alert: Eighth Avenue S Retail Property Sold for $500/SF

Published on February 21st, 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:

  • 2206 Eighth Ave. S in Nashville is better known as the home of The Urban Juicer.
  • The smoothie bar business opened in 2013.
  • The 3,800 SF building was originally constructed in 1920.
  • 13 parking spaces on the .23-acre parcel of land.
  • 59’ of frontage.
  • Traffic count of 21,000 vehicles per day.
  • The buyer also owns nearby 2200 Eighth Ave S having paid $3.3 million for it in 2021.
  • The property last sold in 2012 for $405,000 before undergoing a substantial renovation.
  • Asking price was $2,200,000.
  • On the market for 281 days.
  • The property just sold for $1,900,000…the equivalent of $500/SF.

 

 


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