Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.
- 522 Bell Road is a two-story, 5,496 SF medical office building that was constructed in 1997.
- The multi-tenant building sits on a .94 acre lot with 32 parking spaces (6 spaces/1,000 SF).
- The buyer plans to move into the building and also lease the unused remainder to other businesses.
- Half of the building is lower-level space.
- The property sold at a 14% discount.
- The property just sold for $1,100,000…the equivalent of $200/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