Tuesday, August 9th, 2022 August9th2022

Sold Alert: Dickerson Pike Retail Building Sold for $630/SF

Published on August 9th, 2022

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

 

 

  • 2537 Dickerson Pike is a used car dealership that was constructed in 1970.
  • The 1,389 SF building sits on a .45 acre (19,602 SF) corner lot.
  • The buyer also operates a used car dealership on Nolensville Pike.
  • A 5 story, 240-unit apartment complex is planned directly across the street at 2600 Dickerson.
  • This property last traded in 2014 for $150,000.
  • The buyer put 20% down with financing from United Community Bank.
  • The property just sold for $875,000…the equivalent of $630/SF of building or $45/SF of land.

 

 


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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@soldbybeachwood.com