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SVN Live 10.04.21 Weekly Property Broadcast

SVN Live 10.04.21 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 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 10.04.21 Weekly Property Broadcast

  1. 1. WEEKLY PROPERTY BROADCAST October 4, 2021
  2. 2. ECONOMIC UPDATES
  3. 3. www.svn.com PAGE | COMMERCIAL PROPERTY PRICES ● According to the Real Capital Analytics commercial property price index (CPPI), asset prices accelerated through August, growing an average of 1.5% from a month earlier. Moreover, the national all-property type CPPI is up a robust 13.5% year-over-year, marking the fastest annual growth since January 2006. ● Retail assets posted the best month-over-month growth rate of the core- four property types, gaining 1.9% between July and August. Measured year-over-year retail prices are up by 12.1%. ● Industrial assets continue to plot a robust and consistent growth path, growing 1.3% and 13.6% month-over-month and year-over-year, respectively. ECONOMIC UPDATES PROVIDED BY
  4. 4. CLOSED TRANSACTIONS
  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. GOLF & RESORT | N16800 SHORELINE DRIVE | PEMBINE, WI SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 CAMERON PETERSON cameron.peterson@svn.com 952.820.1688 EDWARD RUPP edward.rupp@svn.com 952.820.1634 Confidential • Historic, full-service resort featuring an all-suite hotel, five dining options, golf course, event facilities, staff housing and more • Magnificent property on Miscauno Island on the Menominee River bordering WI and MI with areas for future development • Over $2.5M in recent improvements, replacement value of over $30M • Experienced buyers that will continue the success of this one-of-a-kind operation 69.9 acres 63 8%
  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. INDUSTRIAL | 3300 NW 9TH AVENUE | OAKLAND PARK, FL SVN | Commercial Realty LES BYRON, CCIM, SIOR les@svncr.com 954.401.4713 KEITH KIDWELL, CCIM, SIOR keith@svncr.com 954.234.8777 STEVE DAVIS steve@svncr.com 954.650.7824 1,100,000 • Buyer attempted to renegotiate for a new roof that did need replacing • Seller simply said “Thank you, but, No, Thank you.” • Closed all cash 169 6,500 SF
  7. 7. 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 | 1730 S STANDARD | SANTA ANA, CA SVN | Vanguard FERNANDO CRISANTOS fcrisantos@svn.com 949.558.0312 1,150,000 • Generated many competing offers for his clients • Cash close • All contingencies waived 55 20,887 SF
  8. 8. 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. MULTIFAMILY | 33361 CHELTAM WAY | DANA POINT, CA SVN | Vanguard LORENZO BONINA lorenzo.bonina@svn.com 949.627.9129 JONATHAN DAVIS jon.davis@svn.com 949.558.0302 2,100,000 • Performed and extensive evaluation of the market area and found the optimal sales price • Got sellers top dollar for their coastal income property • 23 day escrow • $525,000 per door • Used SMCO and the most recent comps to get max value for their clients 468 4,488 SF 2.97%
  9. 9. Sale Price $ Size Price/Acre $ 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. LAND | SANTA FE DR | CHOWCHILLA, CA SVN | Ellwanger Team DON ELLWANGER ellwangd@svn.com 916.798.6545 1,627,000 • Mature pistachios in Chowchilla, CA • Longtime client relationship for over 30 years • Sold ranch to client 14 years ago • 4 offers (3 offers at full price) • Sold over asking price 24,503 66.4 acres
  10. 10. 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. OFFICE | 181 LYNCH CREEK WAY | PETALUMA, CA SVN | Delta Group Realty, Inc. LYNSEY KAYSER lynsey.kayser@svn.com 415.897.4422 JOHN WILLIAMS john.williams@svn.com 415.897.4422 1,825,000 • Owner user buyer • National Tree Company • Repeat seller 11,292 SF 162
  11. 11. 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. RETAIL | 320 BEACON PARKWAY WEST / 5767 CARMICHAEL RD | BIRMINGHAM / MONTGOMERY, AL SVN | The Hurst Company RICHARD HURST, CCIM rick.hurst@svn.com 913.538.5568 1,923,246 • NNN leases with 7 years remaining • Tenant is largest retailer of uniform and equipment for public safety personnel • 2.5 months from contract to close 30,567 SF 63 8%
  12. 12. 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. INDUSTRIAL | 24780 - 24899 HATHAWAY ST | FARMINGTON HILLS, MI SVN | Stewart Commercial Group, LLC VLADIMIR C HRITCU, MBA vladimir.hritcu@svn.com 248.705.3027 2,700,000 • Multi-tenant light industrial portfolio • Contract to close in 45 days • Generated multiple full price cash offers 33,944 SF 80 3.7%
  13. 13. 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 | 305 LIBERTY ST | SALEM, OR SVN | Commercial Advisors LLC CURT ARTHUR, SIOR curt.arthur@svn.com 503.588.0400 NICK WILLIAMS nick.williams@svn.com 503.588.0400 2,900,000 • Linked by three skybridges to other downtown retail buildings and parking garage • Value-add sale to a regional developer • SVN began working with the family since the day the JCP bankruptcy notice arrived 102,500 SF 28
  14. 14. FEATURED INVENTORY
  15. 15. www.svn.com PAGE | FEATURED INVENTORY: $ 23,781,150 BUY-SIDE COMMISSION: $ 609,279 FEATURED INVENTORY FINANCIAL SUMMARY
  16. 16. 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 | ROUTE 3 & ROUTE 301 / SHILOH CROSSING | KING GEORGE, VA SVN | Motleys HERMANN KREBS hermann.krebs@svn.com 804.514.1087 PHILLIP BAXTER phillip.baxter@svn.com 540.847.2385 1,200,000 • Heavily trafficked intersection • Adjacent to CVS, Sheetz and Tractor Supply • Recently Maryland allocated $435 million for construction of new 4-lane • Pro-active county supervisors make King George business-friendly • High average income and high education levels • Close to the Naval Surface Warfare Center with over 6,000 employees • Water and sewer available 48,000 6 acres 166,667
  17. 17. 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 | 104 HUFF DR | GREENVILLE, SC SVN | Blackstream ROGER CLINKSCALES roger.clinkscales@svn.com 864.360.0960 1,350,000 • +/- 15.8 acres • Intersection of Hwy 81 and Hwy 25 • 5 miles from downtown Greenville • 3 miles from I-85 Onramp • 39,400 AADT 54,000 15.8 acres 85,443
  18. 18. 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 | 22 HOME SFR INVESTMENT PORTFOLIO | BEAUMONT-PORT ARTHUR, TX SVN | SFRhub Advisors TOM JOHNSTON tom.johnston@svn.com 602.403.3695 MICHAEL FINCH michael.finch@svn.com 408.797.9825 SVN | Pastrano Commercial Real Estate GERARD PASTRANO, CCIM gpastrano@svn.com 210.354.0400 • Go to www.SFRhub.com to custom search for Portfolio 100715 to view additional information • Current rents are 11% below projected market rents • Year 1 stabilized yield of 15.37% • Home values are up 7% YOY and are projected to grow 4.3% in the next year • Fully vetted and primarily workforce tenants • Majority of the homes consist of 3 and 4 bedrooms with an average living square footage of 1,234 sf per home 1,900,000 22 47,500 9.72% 86,364
  19. 19. 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 | 46 HOME SFR INVESTMENT PORTFOLIO | HOUSTON, TX SVN | SFRhub Advisors TOM JOHNSTON tom.johnston@svn.com 602.403.3695 MICHAEL FINCH michael.finch@svn.com 408.797.9825 SVN | Pastrano Commercial Real Estate GERARD PASTRANO, CCIM gpastrano@svn.com 210.354.0400 • Go to www.SFRhub.com to custom search for Portfolio 100481 to view additional information • Opportunity to increase rents by 16% to full market rates • 100% leased with fully vetted tenants • Diversified portfolio containing single family homes, duplexes, condos, a townhome, and a 4-plex • All homes located in highly rated school districts in Houston 5,031,150 46 125,779 6.75% 109,373
  20. 20. Price $ Buy Side Fee $ Size Price/Acre $ 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. OTHER | 6071 BEAD LAKE RD | NEWPORT, WA SVN | Cornerstone JESSE FOX jesse.fox@svn.com 509.850.2805 • Active Slate Quarry • 60 acres of pristine Natural Resource Land • Estimated 9 million tons of beautiful natural variety of slate color • Excellent opportunity for contractor/supplier companies looking to own product supply chain • Projected NOI: $533,000 4,800,000 60 acres 144,000 80,000 11.1%
  21. 21. 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 | 2500 TOUHY AVE | ELK GROVE VILLAGE, IL SVN | Chicago Commercial JOHN JOYCE, CCIM john.joyce@svn.com 847.233.1178 HARRISON WRIGHT harrison.wright@svn.com 847.233.1139 • 77,181 SF two-story showroom distribution facility • Located in Elk Grove Village which is one of the largest industrial parks in North America • Building consists of two spaces. Unit A is 56,000 SF with 32' clear and Unit B is 21,181 SF with 14' clear • Outdoor storage available 9,500,000 77,044 SF 190,000 123
  22. 22. www.svn.com PAGE | October 4th-10th, 2021 EVENTS & WEBINARS THURSDAY OCTOBER 7 Industrial Product Council 11:00am PT | 2:00pm ET
  23. 23. 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!

Editor's Notes

  • Approved 9.29
  • Approved 9.30
  • Approved 9.29
  • Approved 9.29
  • Approved 9.29
  • Approved 9.29
  • Approved 9.29
  • Approved 9.29
  • Approved 9.26
  • Approved 9.30
    Hermann Krebs Presenting
  • Approved 9.22
    Roger Clinkscales Presenting
  • Approved 9.28
    Bill Radke Presenting
  • Approved 9.29
    Bill Radke Presenting
  • Approved 9.29
    Jesse Fox Presenting
  • Approved 9.22
    John Joyce & Harrison Wright Presenting

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