Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 348 Cool Springs Blvd is a 3,404 SF multi-tenant office building.
- Built in 1996, the masonry building sits on an oversized 1.4-acre parcel of land.
- At time of sale, tenants included Assurance Financial Planners and Insurance Benefit Associates.
- The transaction was financed by Lineage Bank with 15% down, 2.88% interest, 30-year term.
- Well parked with 16 spaces (4/1,000 SF) plus two garage stalls.
- The property just sold for $2,400,000…the equivalent of $705/SF of building or $39/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@BeachwoodSells.com