SVN Live 02.28.22 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.
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SVN Live 02.28.22 Weekly Property Broadcast
- 3. www.SVN.com Economic Updates Provided by ○ According to the Census Bureau, US retail sales totaled $ 649.8 in January 2022. The total represents a month- over-month increase of 3.8% and a bounce back from December’s 2.5% decline ○ A big takeaway is from January’s bounce back is that while sales could be reflecting higher inflation, they are also reflective of a resilient consumer. It also sends the signal that consumption was likely more impacted by another COVID wave over December 2021 than previously thought. ○ The impact of this winter’s COVID wave is also reflected in two consecutive month-over-month decreases in sales at food services and drinking places. Bar and restaurant sales fell 0.6% and 0.9% in December and January, respectively, but remained up tremendously from a year ago. ○ Gains were driven by non-store retailers, including internet sales and motor vehicle dealers. However, when excluding motor vehicles, retail sales still climbed 3.3%. RETAIL SALES
- 5. 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 Undisclosed 65 acres 283,942 SF GOLF & RESORT | 9820 BIRCH BAY DRIVE SW | NISSWA, MN ○ The well-known Quarterdeck Resort is located in a top Midwest vacation area ○ Main lodge and 24 lakeside units, all of exceptional quality; 96 dock slips ○ Significant development land, much of which includes approvals, entitlements and infrastructure ○ The business had record-breaking years in 2020 and 2021 ○ The new owners have strong experience operating resorts in the Midwest and nationwide FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 EDWARD RUPP edward.rupp@svn.com 952.820.1634 BROOKE BLESER brooke.bleser@svn.com 952.820.1619 SVN | Northco
- 6. 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 $1,150,000 18 acres $63,889 SELF STORAGE | 678 RT 17K | MONTGOMERY, NY ○ Industrial development site ○ Approved for up to 81,000 SF of self-storage ○ Approved for 40,000 SF warehouse ○ Sold to qualified regional developer HANS HARDISTY, CCIM, MBA hans.hardisty@svn.com 914.489.7909 SVN | Hardisty Commercial Realty
- 7. 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 LAYNE MCDONALD layne.mcdonald@svn.com 702.527.7837 NOLAN JULSETH-WHITE, CCIM nolan.jwhite@svn.com 702.527.7562 SVN | The Equity Group $1,240,000 15 units $82,667 MULTIFAMILY | 4541 E OWENS AVENUE | LAS VEGAS, NV ○ 15 Unit Mobile Home Park ○ Value add opportunity ○ Located 3.8 mile east of downtown Las Vegas and "The Strip" 4.9% GILBERT BRADHAM gil.bradham@svn.com 843.310.1763 SVN | Blackstream
- 8. 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 NATHAN DILLY nathan.dilly@svn.com 859.306.0604 SVN | Stone Commercial Real Estate $1,389,084 9,100 SF $153 RETAIL | 940 WILBURN ROSS ROAD | STEARNS, KY ○ Dollar General NNN investment sale ○ Sold to 1031 Exchange buyer ○ Collaboration between 3 SVN offices 5.68% PETER COLVIN peter.colvin@svn.com 616.893.1398 SVN | Silveri Company
- 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 Sale Price Size Price/SF ALEJANDRO HINOSTROZA alejandro.hinostroza@svn.com 818.606.0244 MICHAEL CHANG michael.chang@svn.com 626.688.8864 SVN | Rich Investments $1,600,000 9,164 SF $175 MULTIFAMILY | 1054 N KINGSLEY DR | LOS ANGELES, CA ○ Potential development of up 23 units (TOC Tier 3) - buyer to verify ○ Attractive submarket of East Hollywood ○ Minutes away from Larchmont Village and the famous thoroughfares of Hollywood, Sunset and Vine ○ Nearby Employers such as Paramount, Netflix, Viacom, and Buzzfeed ○ Walk score: 91 "Walker's Paradise" ○ Existing multifamily property produces a gross Income of $73,716
- 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 KELLY SCHMIDT kelly.schmidt@svn.com 505.417.1214 WALT ARNOLD walt.arnold@svn.com 505.269.9358 SVN | Walt Arnold Commercial Brokerage, Inc. $1,750,000 17,992 SF $97 RETAIL | 6004-6012 ACADEMY RD NE | ALBUQUERQUE, NM ○ An auto dealership seller wanting to consolidate locations ○ Store was in an excellent location ○ Sold to local auto dealer ○ Listed, sold and closed in less than one month ○ Sometimes deals take forever and sometimes they don't!
- 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 MACK SMITH mack.smith@svn.com 509.530.8509 SVN | Cornerstone $1,885,000 6,156 SF $306 INDUSTRIAL | 13521 E TRENT AVE | SPOKANE VALLEY, WA ○ 4.06 acres ○ A 2,250± SF office building accessible from the parking lot, a 2,400± SF warehouse/service garage with two overhead doors located inside of the fenced yard, and 2 mobile offices with a total of 1,506± SF ○ 5 year leaseback with another 5 year option made this a perfect investment opportunity ○ Situated on Trent Ave, in close proximity to the Spokane Business and Industrial Park 6.6%
- 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 TIM LUTEN tim.luten@svn.com 505.620.2259 SVN | Walt Arnold Commercial Brokerage, Inc. $1,950,000 26 units $75,000 MULTIFAMILY | 112 MESA & 1905 GOLD SE | ALBUQUERQUE, NM ○ Property was on the market for less than a week ○ Seller received multiple offers ○ Went to best and final ○ Purchased for $155,000.00 over asking price ○ It took 90 days to appraise and close, local buyer 5.25%
- 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 No. of Units Price/Unit Cap MIKE PRIOLO mike.priolo@svn.com 408.436.8875 SVN | Capital West Partners $2,350,000 6 units $391,667 MULTIFAMILY | 2928 MAGLIOCCO DRIVE | SAN JOSE, CA ○ 6-unit value add opportunity ○ Received multiple offers ○ All cash buyer ○ Sold in 7 days at the full asking price 4.29%
- 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 $2,609,000 19.96 acres $130,711 LAND | 33W300 RT 38| GENEVA, IL ○ Remnant of 180+ year-old family homestead & farm ○ Buyer to develop for a 274,800 sf industrial building ○ The use required rezoning ○ Six months LOI to close NEIL JOHNSON neil.johnson@svn.com 630.938.4950 BRIAN LINDGREN brian.lindgren@svn.com 630.487.9433 SVN | Landmark
- 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/SF ROBIN SANTIAGO, CCIM robin.santiago@svn.com 408.601.0049 SVN | Capital West Partners $3,125,000 6,000 SF $521 RETAIL | 629-633 MAIN STREET | PLEASANTON, CA ○ 6,000 SF vacant retail building ○ First time that the property was ever on the market since 1929 ○ Located in the heart of Downtown Pleasanton ○ Sold to an owner-user buyer
- 16. 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 JUSTIN HORWITZ justin.horwitz@svn.com 480.425.5518 RICHARD LEWIS richard.lewis@svn.com 480.425.5536 PAUL BORGESEN paul.borgesen@svn.com 480.425.5516 DYLAN SPROUL dylan.sproul@svn.com 480.425.5512 SVN | Desert Commercial Advisors $4,000,000 9,880 SF $405 OFFICE | 10607 N HAYDEN RD | SCOTTSDALE, AZ ○ List to close in under 45 days ○ Multiple offers ○ Full asking price ○ 10 Day escrow period ○ All cash - non 1031 buyer 5.75%
- 17. 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 JIM GUISEWHITE jim.guisewhite@svn.com 540.535.0808 SVN | Commercial Specialists $4,925,000 92,000 SF $54 RETAIL | 320 FAIRFAX PIKE | STEPHENS CITY, VA ○ SVN had leasing assignment for several years with little success to retenant anchor spaces ○ Property has 92,000 sf buildings on 18 acres, central location with ground leased pad sites ○ Property was prime for redevelopment, buyer plans residential over commercial ○ SVN was able to convince owner to sell property through an unsolicited offer ○ $4,925,000, 90 days contract to close 6%
- 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 Transaction Highlights Sale Price Size Price/Acre JIM GUISEWHITE jim.guisewhite@svn.com 540.535.0808 SVN | Commercial Specialists $5,500,000 225 acres $24,444 LAND | 725 MT OLIVE ROAD | TOMS BROOK, VA ○ 225 acres, split zoned; 30 acres commercial and 194 acres industrial ○ 1031 exchange buyer ○ 20 days from contract to close
- 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 Transaction Highlights Sale Price Size Price/SF $8,800,000 40,000 SF $220 OFFICE | 1 ROUNDER WAY | BURLINGTON, MA ○ 40,000 square-foot office/flex building on approximately three acres sold for $8.8 million ○ Located on Route 128 in Burlington, MA with 1,100 feet of frontage on the highway ○ Buyer discussing converting & expanding the property into a 75,000 square foot lab/life sciences building for one of their growing biopharmaceutical startups MARCI ALVARADO marci.alvarado@svn.com 508.271.9219 SVN | Parsons Commercial Group
- 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 Transaction Highlights Sale Price Size Price/SF Cap $12,250,000 16,910 SF $724 RETAIL | 25-35 & 53-61 CENTRAL STREET | WELLESLEY, MA ○ The Wellesley Square Portfolio consists of a two-building, 16,910± rentable square foot, mixed use (80% commercial; 20% residential) portfolio ○ Total of 10 store fronts and four residential units ○ Located in one of Boston's most desirable suburban markets- Wellesley, MA MARILYN SANTIAGO marilyn.santiago@svn.com 508.271.9230 SVN | Parsons Commercial Group 4.4%
- 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 Transaction Highlights Lease Value Lease Terms Size JOHN JOYCE john.joyce@svn.com 847.778.1254 CAITLIN CRAWFORD caitlin.crawford@svn.com 847.464.8469 SVN | Chicago Commercial $17,377,833 15 years 283,942 SF INDUSTRIAL | 425 CROSSING DRIVE | UNIVERSITY PARK, IL ○ SVN represented the tenant, a corrugated box manufacturer ○ 15-year lease of 283,942 SF space at 425 Crossing Drive, University Park, Illinois ○ The space features 30' clear height, 24 exterior docks, 4,000 AMPS, 65 trailer parking stalls with immediate access to I-57 at Stuenkel Road ○ Property located 28 miles from downtown Chicago ○ Low Will County taxes
- 24. 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 Size Price/Key Cap SVN | Second Story Real Estate MULTIFAMILY | 232 E 11TH ST | CHATTANOOGA, TN Unpriced 106,506 SF $ ○ 63 residential and 7 commercial units ○ 100% and 89% residential and commercial occupancy, respectively ○ Exposed brick walls, large windows & 14-foot ceilings ○ Walking distance to the Central Business District and trendy Southside ○ Residential rates have increased over 16% in the past year % BRIAN CHADWICK brian.chadwick@svn.com 423.240.3290 KELLY FITZGERALD kelly.fitzgerald@svn.com 615.714.6378
- 25. 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 | 1112 MAYDE ROAD | BEREA, KY $1,147,998 $34,440 28.7 acres ○ Development opportunity ○ 28.7 acres of industrial land for sale (I-2) ○ $40,000 per acre ○ Industrial park incentives possible ○ Near Hitachi & KI plants ○ Monthly billboard lease income ○ Currently a vacant Home, garage and barns on the property $40,000 NEAL METCALFE neal.metcalfe@svn.com 859.306.0614 SVN | Stone Commercial Real Estate
- 26. 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 | 10 PILLORY CIRCLE | NEW BERN, NC $1,175,000 $35,250 12 units ○ 12 individually deeded townhomes ○ Below market rent value-add opportunity ○ 2021 Gross Rental Income: $105,627 ○ 3rd Party Property Management in place ○ Town of River Bend has a municipal water & sewer system, Police and Fire Depts, Marina, Country Club, Golf Course, Tennis courts, and commercial business/restaurants JOSH TAYLOR josh.taylor@svn.com 252.670.9590 FRANK EFIRD JR. frank.efird@svn.com 910.200.0037 SVN | Efird Commercial Real Estate $97,917
- 27. 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 SELF-STORAGE | CAMDEN STORAGE AND CALHOUN STORAGE | COLUMBIA, SC $1,325,000 $35,775 24,600 SF ○ Gross monthly January income: $12,670, annual forecast gross income: $152,000 ○ 155 rentable units including, 12 parking spaces and 1 commercial tenant ○ Immediate upside potential: additional land sold separately ○ 2 sites located in Columbia, SC ○ Expansion room ○ Current rents below market MSA $54 KRISTEN ASMAN kristen.asman@svn.com 614.370.9077 SVN | Wilson Commercial Group, LLC
- 28. 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 INDUSTRIAL | 304 E ORR ST | ANDERSON, SC $1,500,000 $52,500 33,000 SF ○ 5 distinct units ○ Rapidly redeveloping municipality in SC ○ Historic District of Downtown Anderson ○ Opportunity zone ○ Appealing credit stack $45 ROGER CLINKSCALES roger.clinkscales@svn.com 864.360.0960 SVN | Blackstream
- 29. 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 | 3221 NW 56TH ST | OCALA, FL $1,695,000 $50,850 17.5 acres ○ Entitled for 280 units ○ Federal opportunity zone ○ Close to large employers ○ Close to I-75- land use and zoning in place BARTOW MCDONALD bartow.mcdonald@svn.com 352.274.3800 SVN | Florida Commercial Real Estate Advisors $96,857
- 30. 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 INDUSTRIAL | 2506 FLAT SHOALS | CONYERS, GA $2,400,000 $84,000 12,000 SF ○ 10 year lease in place ○ 2 industrial building (11,390 SF +/-), 4.4 +/- acreage ○ Zone: M-1 ○ Fenced, exterior storage, 1 exterior loading dock ○ Near I-20 429 +/- road frontage, 35 Minutes from airport ○ Marquee sign (billboard), fence signage available ○ Street lighting ○ Utilities available $200 JEFF HAMMOND jhammond@svn.com 210.889.6819 SVN | Creviston Realty
- 31. 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 MULTIFAMILY | 2056 W DIVISION | CHICAGO, IL $3,200,000 $64,000 5 units ○ Prime Wicker Park location ○ New restaurant lease ○ 100% occupied JEFFREY BAASCH jeffrey.baasch@svn.com 312.676.1873 SVN | Chicago Commercial $640,000
- 32. 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 MULTIFAMILY | 6724 S CHAPPEL | CHICAGO, IL $4,650,000 $69,750 44 units ○ Renovated units ○ (23) studio (15) 1 bed (6) 2 bed ○ Desirable location JEFFREY BAASCH jeffrey.baasch@svn.com 312.676.1873 SVN | Chicago Commercial $105,682
- 33. 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 MULTIFAMILY | 4301 WEST MCNAB ROAD | POMPANO BEACH, FL $3,250,000 $81,250 12,839 SF ○ 31% loss to lease difference from market to current ○ 18 individually parceled condominium units ○ Flexibility to hold portfolio or sell individually ○ Palm Aire Gardens featuring pool, tennis and clubhouse ○ Updated and renovated units in portfolio ○ On site condo association management ○ Desirable unit mix: (2) Studio, (9) 1/1, (4) 2/1, (3) 2/2, (3) garages $253 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 SVN | Commercial Partners 5.2%
- 34. 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 OFFICE | 6821 SOUTHPOINT DRIVE N | JACKSONVILLE, FL $3,850,000 $231,000 57,736 SF ○ Single and double suites ○ Conference rooms and kitchenettes on each floor ○ Building 1 has new roof and new HVAC ○ Fully functional, center core buildings $67 CHIP SISTARE csistare@svn.com 904.421.8546 ROB LAWRENCE rlawrence@svn.com 904.463.1829 SVN | First Coast Commercial 7.41%
- 35. 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 SVN | Denver Commercial RETAIL | 3140 VILLAGE VISTA DRIVE | ERIE, CO $4,199,000 $104,975 10,842 SF ○ Retail center located just North of Denver, CO ○ Located in a high growth area central to Denver, Boulder, and Longmont ○ Easy access to major highways I-25, HWY 7, and HWY 287 ○ Stable NNN leases with long-term tenants ○ Managed professionally $387 TYLER WILSON tyler.wilson@svn.com 303.656.8457 6.37%
- 36. 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 OFFICE | SUMMIT PARK DRIVE | MONTGOMERY, TX $12,490,000 $249,800 7,200 SF ○ Multiple residential neighborhoods under development in 10 mile radius ○ Located approximately two miles from popular Lake Conroe and six miles from the recently remodeled Margaritaville Resort ○ Each suite consists of a private office/kitchen/conference room/restroom ○ 7.608 acres $1,735 TREY KIRBY trey.kirby@svn.com 979.431.4400 SVN | Riverstone Commercial Real Estate 6%
- 37. 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 INDUSTRIAL | 550 MALLORY WAY | CARSON CITY, NV $14,500,000 $362,500 119,500 SF ○ Centrally located in Carson City ○ Close proximity to Hwy 395, Hwy 50, and Interstate 80 ○ 25 minutes to Reno ○ Easily demised ○ Only property of its size available $121 JACK BROWER browerj@svn.com 775.721.7023 WES BROGAN wbrogan@svn.com 775.291.8286 SVN | Gold Dust Commercial Associates
- 38. 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 OFFICE | RIVER NORTH SUBMARKET | CHICAGO, IL $14.891,000 $223,365 41,850 SF ○ Single tenant NNN River North office purchase opportunity ○ 6.2% cap rate based on $25N in place rent ○ 36,811 RSF five story office inc. new rooftop event facility ○ C1-3 zoning allows for residential and retail ○ Likely rezoning ability for 8 Floors $356 JAMES MEAD, CCIM james.mead@svn.com 312.676.1871 SVN | Chicago Commercial 6.2%
- 39. 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 Cap GOLF & RESORTS | N3332 PINE MOUNTAIN ROAD | IRON MOUNTAIN, MI $17,950,000 $269,250 360 acres ○ Premium all-season resort, multi-million dollar renovation completed between 2018 - present ○ Pine Mountain is a top-rated family ski resort and Timberstone is one of the best golf courses in the state ○ 55 lodging units, dining/event facilities, numerous indoor and outdoor amenities and activities ○ 70+ acres of development land for a variety of lodging, housing or amenity options FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 SVN | Northco $49,861 11.1%
- 40. THANK YOU for joining us!
- 41. 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.