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SVN Live 02.07.2022 Weekly Property Broadcast

SVN Live 02.07.2022 Weekly Property Broadcast

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The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.

The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.

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SVN Live 02.07.2022 Weekly Property Broadcast

  1. 1. Weekly Property Broadcast February 7, 2022
  2. 2. www.SVN.com Welcome New SVN franchises SVN Franchise Location SVN | Real Estate Associates Managing Directors: Seth Jernigan, CCIM Joe Jernigan, GRI Carey Greene Durham, NC
  3. 3. www.SVN.com Welcome New SVN Advisors SVN Franchise Location Charles “Sandy” Allen Jr. SVN | Real Estate Associates Durham, NC Gary Kramling SVN | Real Estate Associates Durham, NC Johnny Wehmann SVN | Real Estate Associates Durham, NC Murray Forbes III SVN | Real Estate Associates Durham, NC Reggie Oakley SVN | Real Estate Associates Durham, NC Whit Brannon SVN | Real Estate Associates Durham, NC
  4. 4. www.SVN.com Welcome New SVN Advisors SVN Franchise Location Rose Ibarra SVN | Insight Commercial Real Estate Advisors, Murrieta, California Wade Walker SVN | AVAT Realty, LLC, Huntsville, Alabama Peter DeLuca SVN | Vanguard, San Diego, California Oxana Eremiants SVN | Denver Commercial, Denver, Colorado Sid Bhatt SVN | Commercial Advisory Group, Sarasota, Florida Matt Fleming SVN | Commercial Partners, Sarasota, Florida
  5. 5. www.SVN.com Welcome New SVN Advisors SVN Franchise Location Danielle Brown SVN | Saunders Ralston Dantzler, Lakeland, Florida Tristan Matthews SVN | SouthLand Commercial, Panama City, Florida Jordan Lester SVN | Cornerstone, West Des Moines, Iowa Daniel Mills SVN | Miller Commercial Real Estate, Salisbury, Maryland Daniel Krey SVN | CREATE Commercial Real Estate Advisors, Spokane, Washington Jackie Serna SVN | Hintze Commercial Real Estate, Milwaukee, Wisconsin
  6. 6. www.SVN.com Economic Updates Provided by
  7. 7. www.SVN.com Economic Updates Provided by ○ Real GDP, which measures inflation-adjusted economic growth, increased at an annualized rate of 6.9% in Q4 2021, according to the advanced estimate released by the Bureau of Economic Analysis on January 27th. Q4’s reading is 4.6% above the Q3 2021 estimate. ○ According to the bureau, the increase in growth during Q4 is largely contributed to increases in private investment, exports, and consumption. Government spending decreased during the quarter, while imports, which have a negative effect on GDP numbers, increased. ○ Retail and wholesale trade industries led private inventory investment, with motor vehicle retailers leading the pack. Both goods exports and service exports increased over the quarter. Within goods exports, consumer goods, industrial supplies, and materials, as well as food and beverage, led the increase. Service exports were led by increases in foreign travel expenditures GDP
  8. 8. www.SVN.com Closed Transactions
  9. 9. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Lease Value Lease Terms Size SVN | Chicago Commercial $1,164,562 10 years 8,266 SF RETAIL | THE GLEN TOWN CENTER, 2651 NAVY BOULEVARD, SUITE D15 | GLENVIEW, IL ○ The Glen Town Center is an upscale life-style and mixed use project on Chicago’s Northshore ○ 10 year lease deal ○ Offix (shared work space) took 8266 SF, set to open 3rd quarter 2022 LESLIE KARR leslie.karr@svn.com 312.529.5792 LORILE HERLIHY lherlihy@svn.com 312.529.5794 MARCUS COOK marcus.cook@svn.com 312.676.1863 SCOTT REINISH sreinish@svn.com 312.667.4609
  10. 10. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap SVN | Fortune Real Estate $1,550,000 5,008 SF $310 HEALTHCARE | 1727 LEE TREVINO | EL PASO, TX ○ No personal guarantee for tenant ○ 9 years remaining on lease ○ Built 1985 ○ Medical Imaging tenant (single tenant) LAURA SALOME, CCIM laurasalome@svn.com 915.474.0306 6.4%
  11. 11. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap SVN | Alliance Commercial Real Estate Advisors $2,000,000 10,667 SF $187 OFFICE | 502-510 PALMETTO STREET | NEW SMYRNA BEACH, FL ○ Medical office building ○ Fully leased medical office building, multi-tenant property with 5 units ○ Across the street from Advent Hospital BARBARA COOMBER barbara.coomer@svn.com 813.220.7222 8%
  12. 12. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price No. of Units Price/Unit Cap SVN | Walt Arnold Commercial Brokerage, Inc. $3,100,000 60 units $51,667 MULTI-FAMILY | 760 JUAN TABO BLVD NE | ALBUQUERQUE, NM ○ Multi-family project in Northeast Albuquerque ○ 60 Units ○ A value add project ○ Multi-family market remains extremely strong ○ Sold immediately after listing the property TIM LUTEN tim.luten@svn.com 505.620.2259 JOEL WHITE joel.white@svn.com 505.301.0717 HUNTER GREENE hunter.greene@svn.com 505.450.5612 3%
  13. 13. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap SVN | Safe Haven Advisors $3,650,000 19,200 SF $190 MARINA | 2 RIVER AVENUE | FAIRHAVEN, MA ○ 80 dry stack & 50 in water slips ○ Rare dry stack building with wet slips in Fairhaven, MA ○ Located in Hurricane barrier protected New Bedford Harbor MIKE HOWELL mike.howell@svn.com 617.270.4905 8.75%
  14. 14. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre SVN | Alliance Commercial Real Estate Advisors $4,158,750 10.9 acres $381,537 LAND | 2320 SR 524 | COCOA BEACH, FL ○ Zoned for 260 MF apartments ○ Cost per acre $381,536.70 ○ Cost per unit $15,995.19 ○ Note, across the street from Publix and near the Space Coast, Port of Canaveral BARBARA COOMBER barbara.coomer@svn.com 813.220.7222
  15. 15. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre SVN | Alliance Commercial Real Estate Advisors $4,225,000 96 acres $44,010 LAND | 3338 W INDIAN BLVD | EDGEWATER, FL ○ Rezoned by buyer for up to 600 MF units ○ Cost per acre $44,010.42 ○ Cost per unit $7,041.67 ○ Note, this property is located at an I-95 ramp in Edgewater, 20 miles south of Daytona Beach BARBARA COOMBER barbara.coomer@svn.com 813.220.7222
  16. 16. www.SVN.com Featured Inventory
  17. 17. www.SVN.com Featured Inventory Financial summary Featured inventory Buy-side commission $362,750+ $14,350,000+
  18. 18. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre LAND | SOUTHERN PKWAY, NE CORNER OF HWY 9 & 2770 W STREET | HURRICANE, UT Initial Bid- $1,350,000 2% 7.77 acres ○ Government-owned real estate auction ○ Utah Department of Transportation ○ Online bidding Feb. 22- March 1 ○ Zoned RV-MH Commercial ○ Incredible development opportunity ○ UDOT auction 22-007 ○ www.UDOTAUCTIONS.UTAH.GOV $175,325 SVN | Alta Commercial CHET BARBER chet.barber@svn.com 801.783.2064 TIA SHIM, ESQ tia.shim@svn.com 801.508.2881 SVN | Auction Services LOUIS FISHER III, CAI fisherl@svn.com 954.931.0592 DAVID GILMORE, CCIM, CAI, AARE gilmored@svn.com 504.228.6606
  19. 19. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap RETAIL | 145 SAYTON RD | FOX LAKE, IL $2,000,000 $60,000 27,689 SF ○ 28,000 SF retail & warehouse property ○ 4 acre site ○ Zoned for self storage by right ○ Strong recreation market ○ Void of hospitality ○ Below market rents $72 SVN | Chicago Commercial DAVID COUPE david.coupe@svn.com 312.789.4866 5.16%
  20. 20. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap MULTI-FAMILY | 6045 BUCHANAN STREET | HOLLYWOOD, FL $2,350,000 $35,250 6,613 SF ○ Value add opportunity through renovations ○ NOI | $167,476.20 ○ Unit mix | (15) studio, (2) 1 bed 1 bath, (1 house) 2 bed 1 bath ○ Lot size | 2,1172 square feet, building size | 6,613 square feet ○ Zoning C-MU central mixed use district $355 SVN | Commercial Partners STEVEN PAULSEN steven.paulsen@svn.com 561.282.9299 JOHN ANDREWS john.andrews@svn.com 561.282.9298 MASON HIGHMAN mason.highman@svn.com 561.282.9297 7.13%
  21. 21. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre LAND | WEST BURLINGTON RD | RATHDRUM, ID $3,500,000 $105,000 80.29 acres ○ Development land on the Rathdrum Prairie ○ Industrial and ag zoned-made up of two land parcels ○ Paved road via Burlington Road provides immediate access ○ Adjacent to the Burlington Northern Rail Switch Station ○ Close proximity to Hwy 53 $43,592 SVN | Cornerstone GUY BYRD guy.byrd@svn.com 509.953.5109
  22. 22. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 35 HOME SFR INVESTMENT PORTFOLIO | CARTERSVILLE, GA $6,500,000 $162,500 35 units ○ Visit www.SFRhub.com and search for portfolio 100964 for more information ○ Tremendous opportunity to acquire an SFR package only 42 miles away from the #2 rental market in the nation ○ Plenty of room for significant rent increases ○ 100% occupied ○ Extremely low housing supply driving exponential value growth and rental growth 5.73% $185,714 SVN | SFRhub Advisors SEAN THOMAS sean.thomas@svn.com 602.675.1408 TOM JOHNSTON tom.johnston@svn.com 602.825.1780 SVN | Interstate Brokers JOHN L JOHNSON johnsonj@svn.com 404.303.1232 x16
  23. 23. www.SVN.com Events & Webinars TUESDAY FEBRUARY 8 Institutional Capital Markets Council Meeting 10:00 AM PT | 1:00 PM ET WEDNESDAY FEBRUARY 9 Hospitality Product Council 11:00 AM PT | 2:00 PM ET THURSDAY FEBRUARY 10 Single Tenant Council Meeting 10:00 AM PT | 1:00 PM ET FRIDAY FEBRUARY 11 Marinas Product Council 8:00 AM PT | 11:00 AM ET Date: February 7-13, 2022
  24. 24. THANK YOU for joining us!
  25. 25. Please visit www.svn.com for more information on the properties featured on today’s call and to view all of SVN’s active listings. DISCLAIMER This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All SVN® offices are independently owned and operated.

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