Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 307 Southgate Court is a 33-year-old medical office building in the Cool Springs area of Brentwood.
- This single user property has 17,081 SF spread across two floors plus a lower level.
- The lower level is built-out with offices and a restroom.
- The building sits on a 1.16 acre lot. Well parked with 60 parking spaces (4.89 /1000 SF).
- The buyer operates a medical laboratory business which also has a location in Berry Farms.
- The transaction took 275 days to close.
- The asking price was $3,250,000.
- The property just sold for $3,115,000…the equivalent of $182/SF.
- If the lower level space were removed from the calculation…the property just sold for $254/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@BeachwoodSells.com