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SVN Live 02.22.21 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 http://www.svn.com/national-sales-call if you would like to attend our weekly call, which we open up to the brokerage community.

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SVN Live 02.22.21 Weekly Property Broadcast

  1. 1. WEEKLY PROPERTY BROADCAST February 22, 2021
  2. 2. ECONOMIC UPDATES
  3. 3. www.svn.com PAGE | COMMERCIAL PROPERTY PRICE INDEX ● The Industrial sector maintained its “darling status” through December, with prices growing 0.6% month- over-month and finishing the year up 8.8% from the end of 2019— the highest annual growth rate of all property types. ● Retail continues to underperform, with pricing falling by 0.1% in December from November. Since December 2019, prices in the Retail sector have fallen by 4.3%. ● Office prices rose in December, jumping 0.8% from November. Compared to December 2019, Office sector prices are up just 1.5%— the lowest annual increase since 2010 when property prices had yet to hit their post-Great Recession nadir. ECONOMIC UPDATES PROVIDED BY
  4. 4. CLOSED DEALS
  5. 5. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. SINGLE TENANT INVESTMENT | 12 MAPLE GROVE CHURCH ROAD | CHATSWORTH, GA SVN | JJMottram JOHN MOTTRAM, CCIM john.mottram@svn.com 334.201.5002 1,243,000 • Deal closed out 1031 exchange for client • SVN worked on the upleg and downleg of the 1031 exchange • Result of exchange increased clients cash flow by 24.6% • 45 days from closing in the down leg to closing on the up leg 6.15% 9,100 SF 137
  6. 6. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 3451 MOUNTAIN LION DRIVE| LOVELAND, CO 2,150,000 6,107 SF 352 • 6107 SF of free standing restaurant • The building will be converted to medical user • Premier location along Hwy 34 in Loveland, CO • Great access and visibility SVN | Denver Commercial JERRY CHILSON jerry.chilson@svn.com 970.691.5400
  7. 7. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. OFFICE/FLEX | 4700 DUKE DR, 4900 PARKWAY DR | MASON, OH SVN | Trinity Advisors STEVE FITHIAN, CCIM, CPM, SEC steve.fithian@svn.com 817.288.5524 TRINITY (TRENT) HERRERA trinity.herrera@svn.com 682.704.8789 12,400,000 • Going in cap rate of 9% on existing income • Obtained fixed rate debt of 3.82% • Further upside with bringing occupancy to market 153,907 SF 81 9%
  8. 8. FEATURED INVENTORY
  9. 9. www.svn.com PAGE | FEATURED INVENTORY: $75,758,000 BUY-SIDE COMMISSION: $1,760,266 FEATURED INVENTORY FINANCIAL SUMMARY
  10. 10. Price Buy Side Fee No. of Units Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 103 BRORA DR | EDINBORO, PA SVN | Three Rivers Commercial Advisors KEANE GEORGE keane.george@svn.com 412.535.5755 CHRIS PARKE chris.parke@svn.com 412.535.8085 ALEXANDRA SEIBERT alex.seibert@svn.com 412.535.8088 Subject to Offer • Value-add opportunity • Proximity to Edinboro University • Recent improvements • Student & market tenants accepted 1.25% 173
  11. 11. Price Buy Side Fee Size Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | E MISSION RD & OLD HIGHWAY 395 | FALLBROOK, CA SVN | Vanguard WILLIAM CLEMENO CalDRE #02060538 wclemeno@svn.com 858.717.0172 JUVE PINEDO CalDRE #01818023 juve@svn.com 714.348.6099 Subject to Offer • Comprised of 4 legal parcels • Near I-15 Freeway on/off ramp • Freeway visible • Semi-rural residential zoning • Flexible timing for zoning change • In-place nursery • Growing community and nearby new developments 5% 35 Acres
  12. 12. Price Buy Side Fee Size Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | GOPHER CANYON RD | BONSALL, CA SVN | Vanguard WILLIAM CLEMENO CalDRE #02060538 wclemeno@svn.com 858.717.0172 JUVE PINEDO CalDRE #01818023 juve@svn.com 714.348.6099 Subject to Offer • Corner lot immediate to I-15 Freeway • Visible from Freeway • Rural lands zoning • Growing community and nearby new developments 5% 7 Acres
  13. 13. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | NW CORNER OF JEFFREY HEIGHTS ROAD AND RICKS RANCH ROAD | VALLEY CENTER , CA SVN | Vanguard WILLIAM CLEMENO CalDRE #02060538 wclemeno@svn.com 858.717.0172 JUVE PINEDO CalDRE #01818023 juve@svn.com 714.348.6099 1,500,000 • Site comprised of 4 separate legal parcels • Various flat pads and rolling terrains • Growing community with undergoing developments • Semi-rural zoning with one home per 2 acres 45,000 77 Acres 19,481
  14. 14. Price Buy Side Fee Size Property Highlights Property Details 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. © 2020 SVN International Corp. OFFICE | 1338 WEST LAKE STREET | CHICAGO, IL SVN | Chicago Commercial SCOTT MAESEL scott.maesel@svn.com 312.676.1860 DREW DILLON drew.dillon@svn.com 734.223.2315 Subject to Offer • Entire building leased to single tenant through August 2022 • Tenant pays $42,000 a month gross • Highly desirable Fulton Market loft office building • Great covered land play for an investor • Residential, hotel and office uses permitted 1.75% 35,000 SF
  15. 15. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 1118-1124 MORSE AVENUE | SCHAUMBURG, IL SVN | Chicago Commercial OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 NATHALIE FISHER nfisher@svn.com 312.414.0602 1,445,000 • 20,620 SF Industrial building for sale with 10,000 SF available for lease • Property is 50% leased and income producing • Property could have three tenants or remain as a two tenant building • Abundant parking in rear parking lot • 3 drive in doors and 2 loading docks • Located in a major suburb of Chicago 43,350 20,620 SF 70
  16. 16. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | 9242 S JORDAN ROAD | PARKER , CO SVN | Denver Commercial JESSICA BREJCHA jessica.brejcha@svn.com 303.870.8107 SVN | Chicago Commercial DEENA ZIMMERMAN dzimmerman@svn.com 312.756.7336 1,500,000 • Maximum exposure at E-470 & S Jordan Rd, great signage potential • Shovel-ready & served by all utilities • 2 pads developed & operating, including a drive-thru Starbucks • New La Quinta Del Sol opening in the next 6 months • Parker has seen a 29.3% population growth since 2010 • One of the highest-grossing Sonics in the state located within a mile of the site 45,000 121,352 SF 12
  17. 17. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. MEDICAL OFFICE | 1545 HICKS RD | ROLLING MEADOWS, IL SVN | Chicago Commercial DAVID PERNICE david.pernice@svn.com 312.607.3300 STEVEN HIRSCH steven.hirsch@svn.com 847.464.8468 1,900,000 • Unit building with private off-street parking for each unit • Each unit with multiple exam room, offices, break rooms, treatment areas, or and imaging rooms, and storage • Oxygen manifold and tank storage area • South unit remodeled in 2016 47,500 7,800 SF 244
  18. 18. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | 5454 LAWRENCEVILLE HIGHWAY | LILBURN, GA SVN | Creviston Realty, Inc. ELIZABETH BERRY liz.berry@svn.com 770.376.7611 2,100,000 • Great for residential development including multi-family, senior living community or a retail strip center • Vibrant location with strong population density • Located near high volume Publix Shopping Center and other national drug store retailers • Potential for additional acreage through assemblage 84,000 7.04 Acres 298,295
  19. 19. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 4101 W 124TH PLACE | ALSIP, IL SVN | Chicago Commercial BEVERLY HAYES beverly.hayes@svn.com 312.756.7330 2,300,000 • Unusually high ceilings • Structure in place for 60T crane • Heavy power • Air conditioning throughout • Ideal owner/user building 63,250 43,000 SF 53
  20. 20. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 2445-2459 N RICHMOND ROAD | MCHENRY, IL SVN | Chicago Commercial TIM FRANZ tim.franz@svn.com 312.676.1874 MATTHEW MCPARLAND matt.mcparland@svn.com 312.414.0434 3,035,000 • 100% leased to national retailers • Scheduled rent increases • High visibility center anchored by Home Depot and Meijer • Exceptional visibility with 25,000 VPD 60,700 8,302 SF 366
  21. 21. Price $ Buy Side Fee $ Size Price /SF $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 333 WEST 13TH STREET | WICHITA, KS SVN | Chicago Commercial TIM FRANZ tim.franz@svn.com 312.676.1874 MATTHEW MCPARLAND matt.mcparland@svn.com 312.414.0434 3,768,000 • Absolute NNN lease • Brand new three year extension (NO RENT REDUCTION) • Ten minute drive to Wichita Mid-Continent Airport • Two miles from Downtown Wichita • Population over 95,000 in 3 miles 75,360 15,120 SF 249 7.75%
  22. 22. Price $ Buy Side Fee $ Size Price/SF $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. MEDICAL/OFFICE/RETAIL | 1601 N DIVISION ST | SPOKANE, WA SVN | Cornerstone GUY BYRD guy.byrd@svn.com 509.953.5109 4,900,000 • Medical/Office/Retail multi tenant investment property • 79% credit tenants • Located within an opportunity zone • North periphery of Central Business District (CBD) • Anchored by Premera Blue Cross/Vivacity Primary Care • Current tenants: H&R Block, AT&T/Cricket, Talk4less Wireless, King of Ramen, Vivacity • Traffic count: 38,687 per day 147,000 14,498 SF 338 6%
  23. 23. Price $ Buy Side Fee $ Size Price/SF $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 3365 S 900 E | SALT LAKE CITY, UT SVN | Alta Commercial HAYDEN HOUSTON hayden.houston@svn.com 801.335.5377 RYAN EDWARDS ryan.edwards@svn.com 801.658.4482 1,600,000 • Downtown location • Low rents • Value Add Opportunity • 8 Units 48,000 5,367 SF 298 4.12%
  24. 24. Price $ Buy Side Fee $ Size Price/SF $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 831 W LENNOX ST | MIDVALE, UT SVN | Alta Commercial HAYDEN HOUSTON hayden.houston@svn.com 801.335.5377 RYAN EDWARDS ryan.edwards@svn.com 801.658.4482 3,000,000 • Surrounded by new apartment and townhome developments • Located near I-15 and Center street • Low rents, value add opportunity • 12 units 90,000 8,880 SF 338 3.99%
  25. 25. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | 2500 S STATE | SPRINGVILLE, UT SVN | Alta Commercial HAYDEN HOUSTON hayden.houston@svn.com 801.335.5377 RYAN EDWARDS ryan.edwards@svn.com 801.658.4482 6,000,000 • Raw land • Residential zoning • Undeveloped area • City growth potential 180,000 26.2 Acres 229,008
  26. 26. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. SFR PORTFOLIO | 53 HOME SFR INVESTMENT PORTFOLIO | ATLANTA, GA SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Interstate Brokers JOHN JOHNSON, CCIM, ALC johnsonj@svn.com 404.303.1232 • For more information, please visit www.SFRhub.com and search for portfolio 100704 • Value Add Opportunity • Pro forma cap rate of 6.39% • Atlanta home values up 10% in 2020 and projected to grow by 10% again in 2021 • Average size of 1,380 Sq Ft • Atlanta SFR rents up 6% in 2020 and projected to grow by 6% in 2021 8,510,000 106,375 53 160,566 6.39%
  27. 27. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 2420 OLD HIGHWAY 60 | MULBERRY, FL SVN | Saunders Ralston Dantzler RICHARD DEMPSEY r.dempsey@svn.com 863.581.1903 AUGIE SCHMIDT augie@svn.com 863.409.2400 8,700,000 • Active rail spur • Expandable to accomodate 100+ rail cars • All utilities including natural gas • <10 miles from CSX Intermodal and Linder Regional Airport which supports frieght traffic • Fronts Highway 60 • Minutes from I-4 • Highway 60 connects to the Florida Turnpike, I-75, and I-95 - more than 10,000,000 within 100 miles 261,000 200 Acres 43,500
  28. 28. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | 0 BULLS ISLAND ROAD & 6075 MOSSY GROVE LANE | AWENDAW, SC SVN | BlackStream GILBERT BRADHAM gil.bradham@svn.com 843.532.1641 12,000,000 • Awendaw white tract 236.51+/- acres zoned pud 400 homes contiguous to "Cape Romain National Wildlife Refuge & Bulls Island Nature Preserve" • One minute from Garris Boat Landing, 5 minutes from the Seewee Restaurant & the Seewee Outpost, 30 minutes from Charleston • Excellent site for a "glamping entity" and access to the absolute best of the Lowcountry • Drone video: https://youtu.be/ZMut3gP_cEU 300,000 236.51 Acres 50,738
  29. 29. Price $ Buy Side Fee $ Size Price / Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. 13,500,000 270,000 64.72 Acres 208,591 GOLF & RESORTS | MINNESOTA, UNITED STATES • Well-known resort on one of the most popular vacation lakes in Minnesota • Includes existing lodge with numerous keys, amenity building, restaurant, bars, separate event center, marina, lakeside cabins and cottages • 65 acres with many lots ready to build, and additional phases of land slated for more cabins and cottages • High demand area with new cabins selling in the $800k-$1.2mm range • Potential for 146 additional keys SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 CAMERON PETERSON cameron.peterson@svn.com 952.820.1688 EDWARD RUPP edward.rupp@svn.com 952.820.1634 EMILIA MOLLE emilia.molle@svn.com 952.820.1618
  30. 30. www.svn.com PAGE | February 22nd-28th, 2021 EVENTS & WEBINARS MONDAY FEB 22 Single Tenant Council Meeting 10:00am PT | 1:00pm ET THURSDAY FEB 25 Land Council Meeting 11:00am PT | 2:00pm ET SATURDAY FEB 27 Saturday Call with John McDermott 8:30am PT | 11:30am ET
  31. 31. www.svn.com PAGE | 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. Thank You For Joining Us!

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