This document provides a summary of recent commercial real estate transactions completed by SVN brokers. It begins with information about SVN and ownership of trademarks. The bulk of the document summarizes over a dozen recently closed or listed deals, including details on property type (e.g. retail, industrial), location, sale price, and key representatives. These deals involved a range of property types in locations across the United States, with sale prices ranging from under $1 million to over $12 million. The document concludes with totals for recent sales volume and corresponding buy-side commissions.
1. Monday National Sales Call
November 18, 2013
SVN.COM
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services.
Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified.
3. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Events & Webinars
November 18-22, 2013
Monday, November 18th
Single Tenant Call
(8:15am PT / 11:15am ET)
Tuesday, November 19th
National Self Storage Council Call
(8:30am PT / 11:30am ET)
Wednesday, November 20th
Best Practice Webinar
(8:30am PT / 111:30am ET)
Thursday, November 21st
National Retail Council Call
(9am PT / 12pm ET)
Website
*50% of the gross commission to the buy side.
4. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Mt. Vernon Tesoro Station |
Mount Vernon, WA
Heidi Mickelson, CCIM, SIOR | 208.726.0854 | heidi.mickelson@svn.com
Transaction Highlights:
•8.25% cap rate
•Sale-leaseback: 15 yrs., increases
every 5, absolute NNN
•LOI to Closing: 31 days
•All cash buyer--first commercial
property acquisition
•Tenant is regional operator of 103
gas/c-store properties
$776,000 | Just Closed
Website
*50% of the gross commission to the buy side.
5. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
4127 35th Street |
San Diego, CA
Reza Namvar | 858.751.6300 | namvar@svn.com
Jim Taylor | 858.452.9100 | taylorj@svn.com
Transaction Highlights:
•Eight units located in the heart of
City Heights Submarket
•Value add deal
•High demand rental area with low
vacancy rates
$970,000 | Just Closed
Website
*50% of the gross commission to the buy side.
6. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
3010 N. Hampton Rd. |
Dallas, TX
Greg Morris | 817.995.3447 | greg.morris@svn.com
Dan Morris | 817.640.9964 | dan.morris@svn.com
$1,500,000 | Just Closed
Transaction Highlights:
•Absolute NNN Ground Lease (20year)
•Corporate Guarantee
•New Construction/New Lease
•Super-Competitive Environment
•Under Contract Within 1-day of
Going On-Market
•Quick Close (delayed due to plat
approval)
•4% Cap (rental increases every 5
years)
Website
*50% of the gross commission to the buy side.
7. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
8231 John W. Carpenter Fwy. |
Greg Morris | 817.995.3447 | greg.morris@svn.com
Dallas, TX
Transaction Highlights:
•18,410 SF Retail/Industrial building
•3-month search for a suitable
property
•Sent LOI within 3 days of property
going on the market
•Competed with other brokers
representing Tenants
•Best offer/credit Tenant/longest
term closed the deal
$1,562,666 | Just Leased
Website
*50% of the gross commission to the buy side.
8. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Walgreens |
Fort Worth, TX
Glen E. Berhow | 469.828.1950 | glen.berhow@svn.com
Transaction Highlights:
•11th CVS - Walgreens Closed since
2012
•“Off Market” Listing
•Earned Listing & Buy Side Fees
$4,782,069 | Just Closed
Website
*50% of the gross commission to the buy side.
9. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Vandehei Plaza> |
Cheyenne, WY
Steve Kawulok | 970.488.3156 | steve.kawulok@svn.com
Troy Meyer | 303.632.8784 | troy.meyer@svn.com
Dean Corey | 303.217.7005 | dean.corey@svn.com
Transaction Highlights:
•12-Tenant retail center anchored
by regional fitness center
•8.5% cap rate
•Buyer was a 1031 exchange buyer
coming out of a ranch sale
•Buyer representation was
residential broker with no
commercial experience
•SVN Difference at work!
$5,550,000 | Just Closed
Website
*50% of the gross commission to the buy side.
10. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
3090 S. Douglas Rd. |
Miami, FL
Matthew Rotolante, CCIM, SIOR | 305.235.1500 | mrotoloante@svn.com
John Lonardo, CCIM | 305.213.4050 | john.lonardo@svn.com
Transaction Highlights:
Caroline Camus | 305.235.1500 | caroline.camus@svn.com
$5,700,000 | Just Closed
Website
•Assisted nonprofit that lost federal
funding and sale of asset.
•After note was under contract to a
predatory lender, brought a
contract that satisfied all liens with
equity left over
•Navigated note sale,
environmental issue, and zoning
uncertainties.
•Donated 10% of brokerage fee for
a memorial for the founder of the
nonprofit
*50% of the gross commission to the buy side.
12. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
3800 E. Main Street |
St. Charles, IL
Neil Johnson | 630.938.4950 | neil.johnson@svn.com
Joel Miller | 630.938.4950 | joel.miller@svn.com
Transaction Highlights:
•Regional enclosed mall on 80 acres.
•1.1 million SF 2-story building.
•889,000 SF included in sale.
•50% occupied, including 4 anchors.
•Leasing assignment led to offmarket sale.
•SVN represented both sides.
•15 months LOI to close.
$9,537,500 | Just Closed
Website
*50% of the gross commission to the buy side.
13. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Medical Sale/Leaseback |
Mark Alexander, CCIM | 239.826.4174 | marka@svn.com
Fort Myers, FL
Transaction Highlights:
•$328 PSF
•8% Cap Rate
•10 Year NNN Lease
•Personal Guarantees from 8
orthopedic surgeons
•Non-Recourse Bank Financing for
Buyer
•Located across street from Hospital
$12,000,000 | Just Closed
Website
*50% of the gross commission to the buy side.
14. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Total Inventory:
$52,249,000
Buy-Side Commission:
$1,285,245
Website
*50% of the gross commission to the buy side.
15. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
420 Church Avenue |
Roanoke, VA
Tim Dudley, CAI, AARE | 804.355.2100 | tdudley@svn.com
Pete Hastings | 804.355.2100 | phastings@svn.com
Offering Highlights:
$10,000 | Starting Bid
•Auction: Thursday, November 14th
at 3pm ET
•4,421± SF
•Fronts Church Ave
•Loading dock with bay door
•Off-street parking
•Currently leased $500/mo
•Multi-use property
•Public water & sewer
•Zoned in the D District
3% |
Buy Side Fee
*50% of the gross commission to the buy side.
16. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
1902 Memorial Avenue |
Tim Dudley, CAI, AARE | 804.355.2100 | tdudley@svn.com
Pete Hastings | 804.355.2100 | phastings@svn.com
$10,000 | Starting Bid
3% |
Roanoke, VA
Offering Highlights:
•Auction: Thursday, November 14th
at 3pm ET
•Two 541± SF units on 0.34± AC
•Built in 1962
•Each unit contains 1 full bath &
separate storage room
•Zoned Commercial-Neighborhood
with multiple uses
•Off and on-street parking
•Public water & sewer
Buy Side Fee
*50% of the gross commission to the buy side.
17. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Commercial Building Auctions |
Don Erler, CAI, AARE | 502.297.8797 | don.erler@svn.com
Bill Menish, CAI, AARE | 502.814.5174 | bill.menish@svn.com
Absolute Auction #1
Auction #2
2%
| Buy Side Fees
Frankfort, KY
Offering Highlights:
•Auction: Thursday, December 5th at
12:30pm ET
•ABSOLUTE AUCTION #1 - 851 US 60
- 9,100 SF former nightclub on 1 acre
plus contents
•AUCTION #2 - 112 East Main
(downtown), 20,000 SF office
building with parking lease built in
1996.
•Additional information:
http://www.frankfortcommercialauc
tions.com
*50% of the gross commission to the buy side.
18. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
4139 Ellsworth Rd. |
Ypsilanti, MI
Dan Stewart, CCIM | 734.662.5097 | dan.stewart@svn.com
Myles Borders | 734.662.5097 | myles.borders@svn.com
Mike Lamb | 734.926.0005 | mike.lamb@svn.com
Offering Highlights:
•0.78 Acres
•Retail Redevelopment Opportunity
•Located Near Significant National
Retail
•High Traffic Counts and Visibility
•Shared Drive With Meijer's
$800,000 | For Sale
$24,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
19. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Hwy 85 Portfolio |
Evans, CO
Dan Leuschen | 970.219.7555 | dan.leuschen@svn.com
Steve Kawulok | 970.488.3156 | steve.kawulok@svn.com
$880,000 | For Sale
$26,400 |
Buy Side Fee
Offering Highlights:
•11,083 SF & 0.63 AC
•Desirable location and highway 85
access
•Three adjacent parcels, with two
buildings onsite
•Former restaurant and truck wash
facilities
•C-H zoning with city of Evans, retail,
office and other uses allowed
•In the heart of Niobrara Energy
corridor
•Close to CO highways 34 & 85
intersection
*50% of the gross commission to the buy side.
20. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
3801 Mattox |
El Paso, TX
Jacob Quinn | 915.269.6786 | jacobquinn@svn.com
Offering Highlights:
•47,046 SF
•Stand Alone
•Ready For Use
•Fenced and Secured
•Large Yard
•Fire Suppression System
$925,000 | For Sale
$27,750 |
Buy Side Fee
*50% of the gross commission to the buy side.
21. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
3601-3607 N. Everbrook Ln. | Muncie, IN
Bart Weprin | 513.936.9110 | bart.weprin@svn.com
Harry Kennerk | 317.873.9500 | harry.kennerk@svn.com
$950,000 | For Sale
$23,750 |
Offering Highlights:
•8,700 SF
•Long Term Tenants Including
Western/Southern--a Tenant Since
1993
•Mostly NNN Leases / Owner
Responsible for Minimal
Maintenance, Expenses
•Excellent Location in Desirable
Northwest Muncie Office Park--10
Minutes from I-69
Buy Side Fee
*50% of the gross commission to the buy side.
22. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Shops at Fox Hill |
Centennial, CO
Kevin Matthews | 480.720.5103 | matthewsk@svn.com
Troy Meyer | 303.632.8784 | troy.meyer@svn.com
Tony Yousif | 858.810.3623 | tony.yousif@svn.com
Offering Highlights:
•6,000 SF
•Newer Retail Pad Building in 7Eleven Anchored Center
•Perfect Opportunity for Owner-User
•Excellent Access & Visibility from
Reservoir Road
•No Barriers to New Financing
•Priced Below Replacement Cost
$995,000 | For Sale
$29,850 |
Buy Side Fee
*50% of the gross commission to the buy side.
23. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
240 Industrial Lane |
Wheeling, IL
Kevin Lynch, CCIM | 847.434.1400 | kevin.lynch@svn.com
Kevin Lynch, II | 847.772.6964 | kevin.lynch2@svn.com
Offering Highlights:
•14,669 Sq. Ft. Building
•Multi-Tenant Industrial Investment
•10.0% CAP Rate
•Diverse Tenant Mix
•Staggered Lease Terms
•Outstanding Northwest Suburban
Location
$1,000,000 | For Sale
$40,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
24. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Chinquapin Apartments |
Justin Verner | 410.960.3962 | justin.verner@svn.com
Baltimore, MD
Offering Highlights:
•24 Units
•2002 Renovation
•Strong, Stable Neighborhood
•Easy Access to Northern Parkway
•Central Heating/Air
$1,200,000 | For Sale
$30,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
25. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
2065 Winchester |
Campbell, CA
Kofi LeGrand-Sawyer | 408.392.8822 | kofi@svn.com
Erik Carlson | 408.392.8822 | erik.carlson@svn.com
$1,600,000 | For Sale
$48,000 |
Buy Side Fee
Offering Highlights:
•4,080 SF
•Next to the new Merrill Gardens
Senior Living Complex .
•Two streets west of Downtown
Campbell.
•Upper South Winchester Area Plan.
•Investment user or owner user.
•Purchase with a 10% down
payment.
•$8735/month cost with rental
income.
*50% of the gross commission to the buy side.
26. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Ponderosa Village Winery |
Tim House | 505.998.1031 | houset@svn.com
Ponderosa, NM
Offering Highlights:
•Ponderosa Village Winery
•18.26 acres
•5 Structures
•Real Estate, Equipment & Business
Included
$1,750,000 | For Sale
$43,750 |
Buy Side Fee
*50% of the gross commission to the buy side.
27. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Roseland Plaza |
Salem, OR
Hugh Holtman | 503.208.9393 | hugh.holtman@svn.com
Carson Halley | 503.208.9399 | carson.halley@svn.com
Offering Highlights:
•44 Units
•Value add opportunity
•Upside in Rents
•Close to retail and I-5
•Easy access into downtown
•Nearby Hoover Elementary School
$1,850,000 | For Sale
$46,250 |
Buy Side Fee
*50% of the gross commission to the buy side.
28. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Bank of Granite Building |
Tom McMahon, CCIM | 704.892.5653 | tom.mcmahon@svn.com
Cornelius, NC
Offering Highlights:
•12,240 SF
•10% cap rate
•Two Lane Bank Drive Through
•Easy Access Via I-77 Exit 25 or 28
•Strong Lease Tenants, with great
rent rate bumps
$2,700,000 | For Sale
$81,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
29. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Highway 601 |
Concord, NC
Dave Davis | 704.892.5653 | ddavis@svn.com
Offering Highlights:
•127.23 acres in Cabarrus County
•The land location offers an
abundance of area attractions
•Motorsports Hub
$3,250,000 | For Sale
$97,500 |
Buy Side Fee
*50% of the gross commission to the buy side.
30. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Prime Land |
Wisconsin Dells, WI
Dan Roseliep, CPM | 608.234.4482 | dan.roseliep@svn.com
Offering Highlights:
•70+ Acres Mix of Open & Wooded
Land
•Visibility from Hwy 12
•Situated between Ho-Chunk
Casino and The Wisconsin Dells
•Priced to Sell
•Perfect for a resort, campground,
or a mix of C-Store, multifamily &
residential lots
$1,000,000 | For Sale
$30,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
31. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Cain Creek Apartments |
Dan Roseliep, CPM | 608.234.4482 | dan.roseliep@svn.com
Warrior, AL
Offering Highlights:
•96 Unit Apartment Property USDA 515 Affordable
•Candidate for Section 42 Tax Credit
Rehab
•Class B Property
•Well Maintained w/Mature
Landscaping
•Great Rental History
$3,840,000 | For Sale
$86,400 |
Buy Side Fee
*50% of the gross commission to the buy side.
32. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
CVS |
Perry, FL
Carlton Dean, CCIM | 850.877.6000 | cdean@svn.com
Offering Highlights:
•11,325 SF
•7.5% Cap Rate & Strong Tenant
Sales History
•Low Rental Rate
•NN Lease, LL has roof & structural
responsibility (new roof - 2009)
•BBB+ Rated Credit Tenant (CVS
Pharmacy)
$1,831,000 | For Sale
$27,465 |
Buy Side Fee
*50% of the gross commission to the buy side.
33. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Medical Outpatient Clinic |
Carlton Dean, CCIM | 850.877.6000 | cdean@svn.com
Preston Hall | 850.877.6000 | phall@svn.com
Tallahassee, FL
Offering Highlights:
•45,372 SF
•Currently Lease to Veterans AffairsUS Govt.
•Centrally Located between TMH and
Capital Regional Hospitals
•Well Below Replacement Cost
•$800,000 NOI
•15% Cap Rate
$5,250,000 | For Sale
$78,750 |
Buy Side Fee
*50% of the gross commission to the buy side.
34. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Walgreens |
Boise, ID
Heidi Mickelson, CCIM, SIOR | 208.726.0854 | heidi.mickelson@svn.com
Chris Volk | 208.867.8860 | chris.volk@svn.com
Offering Highlights:
$6,528,000 | For Sale
$146,880 |
Buy Side Fee
•13,905 SF
•High volume store
•Rare 10% rent increase in 20th yr.
(2019)
•Excellent visibility with high traffic
counts
•Drive-thru pharmacy window
•Third busiest intersection in Ada
County
•Surrounded by national retailers
*50% of the gross commission to the buy side.
35. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Olan Mills |
Chattanooga, TN
George Elder, II | 423.266.5587 | george.elder@svn.com
John Healy | 423.266.5587 | john.healy@svn.com
Offering Highlights:
•124,654 SF
•Outstanding Corporate Campus
Opportunity with Commanding
Visibility to Highway 153
•Less than one mile from the
Chattanooga Airport.
$7,000,000 | For Sale
$175,000 |
Buy Side Fee
*50% of the gross commission to the buy side.
36. 50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Restaurant Row |
Aspen, CO
Darrell Hoover | 949.423.6990 x101 | darrell.hoover@svn.com
$8,900,000 | For Sale
$222,500 |
Buy Side Fee
Offering Highlights:
•Price reduced by $1,075,000
•8,560 SF
•2 Restaurants & 3 Apartments in the
Heart of Aspen on Restaurant Row
•2009 Construction - Abundant High
End Finishes
•Current NOI - $388,240
•Zoning Accommodates Mixed Use
(Restaurant/Retail/Apartment)
•World Class Playground; Destination
Shopping, Resorts & Ski
Opportunities
•Seller is flexible with ending,
renewing or establishing new leases
either Restaurant or Retail or
Combination
*50% of the gross commission to the buy side.
37. Thank you for joining us!
For information about all of our listings please visit www.svn.com
SVN.COM
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services.
Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified.