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SVN Live 9.14.20 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 9.14.20 Weekly Property Broadcast

  1. 1. WEEKLY PROPERTY BROADCAST September 14, 2020
  2. 2. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Avery Duncan SVN | Toomey Property Advisors, Mobile, AL C. Warren Sattler SVN | MG Property Advisors Inc., San Rafael, CA Patricia Amon SVN | MG Property Advisors Inc., San Rafael, CA Austin Brown SVN | Vanguard, Santa Ana, CA Sean Matsuura SVN | Vanguard, Santa Ana, CA Maria Harp SVN | Alliance Commercial Real Estate Advisors, Ormond Beach, FL Gavin Pidgeon SVN | KOVA, Naples, FL Philip Josberger SVN | KOVA, Naples, FL
  3. 3. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Michael Todd Davis SVN | Saunders Ralston Dantzler, Lakeland, FL Mike Shenefield SVN | Saunders Ralston Dantzler, Lakeland, FL Simon Enwia SVN | Saunders Ralston Dantzler, Lakeland, FL Thomas Crowe SVN | Creviston Realty, Inc., Roswell, GA Frank Goodale SVN | GO Commercial, Kailua-Kona, HI Daniel Vanecko SVN | Chicago Commercial, Rosemont, IL John Soper SVN | Stone Commercial Real Estate, Lexington, KY Peter Grace SVN | Stewart Commercial Group, LLC, Ann Arbor, MI
  4. 4. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Jay Van Luven SVN | Lord Partners, St.Louis, MO Sean Field SVN | Gold Dust Commercial Associates, Reno, NV Jordan Brazell SVN | The Equity Group, Las Vegas, NV Amanda Champine SVN | Team Southwest, Albuquerque, NM Leland Hoffman SVN | BlackStream, Charlotte, NC Chase Lord SVN | Lord Partners, Tulsa, OK James "Jim" Miller SVN | Imbrie Realty, Portland, OR Arihiro Shintani SVN | Easerich Commercial Real Estate Advisors, Bellevue, WA
  5. 5. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Michelle Liu SVN | Easerich Commercial Real Estate Advisors, Bellevue, WA Sophia Martinez SVN | Hintze Commercial Real Estate, West Allis, WI
  6. 6. CLOSED DEALS
  7. 7. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty 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. SELF STORAGE | 19 GROVE ST| GLOVERSVILLE, NY SVN | Hardisty Commercial Realty HANS HARDISTY, CCIM, MBA hans.hardisty@svn.com 914.489.7909 SVN | Commercial Realty NICK MALAGISI, SIOR nick.malagisi@svn.com 716.633.9601 1,200,000 • Adaptive reuse of an old industrial building located in the city of Gloversville, NY • 165,000 total sq. ft. and constructed in phases from 1919 to 1980 • 43,287 NRSF of self-storage units, all interior, built in phases starting in 2012 • 483 rental units, indoor car storage, U-Haul Truck Rentals and room for expansion • Listing took 23 months to close due to environmental hurdles • Buyer is an operator of 6 other storage facilities and valet storage in 10 states • Closed with local bank financing and small seller note 43,485 SF 28 7.8%
  8. 8. Sale Price Size Transaction HighlightsProperty 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 & RESORTS | 25039 TAME FISH LAKE ROAD | DEERWOOD, MN Confidential 450 Acres • Historic resort that was successfully run by the Ruttger family for 122 years • Situated on 450 acres on Bay Lake under 2 hours from Minneapolis • The sale consists of: main lodge, 18-hole championship golf course, 9-holed resort style course, numerous accommodations (with capacity to sleep over 500 guests), four restaurants/bars, amenities including mountain biking, horseback riding, fishing, a high ropes course, and more • $50+ million of renovations and development planned. Mix of cabins, townhomes, condos SVN | Northco Real Estate Services FRANK JERMUSEK, JD frank.jermusek@svn.com 952.820.1615 CAMERON PETERSON, CCIM 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
  9. 9. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty 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 | 530 W RYAN ST| BRILLION, WI SVN | Silveri Company CHRISTOPHER COLVIN chris.colvin@svn.com 616.920.9334 CODY COLVIN cody.colvin@svn.com 616.893.5353 PETER COLVIN peter.colvin@svn.com 616.893.1398 1,375,000 • We represented a 1031 buyer • Cash deal • Closed three days after the store opened • Next door to McDonald's • Got a great testimonial from both buyer and developer 9,100 SF 151 6.5%
  10. 10. Sale Price $ Size Price /Acre $ Property HighlightsProperty 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 | 24014 SHOWPLACE DRIVE | NAPERVILLE, IL SVN | Chicago Commercial PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870 1,400,000 • Heavily traveled Rt. 59 Corridor • List to contract | 4 months • Contract to close | 18 months • Multiple paid extensions granted • COVID-19 delays | Closed municipalities 1.25 Acres 1,120,000
  11. 11. Sale Price $ Size Price /SF $ Cap Transaction HighlightsProperty 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 | 3705 CENTURY BLVD | LAKELAND, FL SVN | Saunders Ralston Dantzler AUGIE SCHMIDT augie@svn.com 863.409.2400 7,050,000 • 38 tenants • 100% occupied • Value-add opportunity124,500 SF 57 7.5%
  12. 12. FEATURED INVENTORY
  13. 13. www.svn.com PAGE | FEATURED INVENTORY: $71,379,000 BUY-SIDE COMMISSION: $1,287,745 FEATURED INVENTORY FINANCIAL SUMMARY
  14. 14. Price Buy Side Fee Size Property HighlightsProperty 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 RT 36 AND I-57 | TUSCOLA, IL Subject to Offer 2% 23.7 Acres • Love’s Travel Center under construction in front • Adjacent to a growing commercial area • Commercial development lots • Off-site stormwater detention Is available • Great visibility from I-57 & Route 36 • All utilities are accessible to site SVN | Ramshaw Real Estate, Inc. ALEX RUGGIERI, CCIM, CRE, MBA alex.ruggieri@svn.com 217.841.4382 NOAH RUGGIERI, CCIM noah.ruggieri@svn.com 217.367.1700
  15. 15. Initial Bid Online Auction Dates Buy Side Fee Property Size Property HighlightsProperty 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| 53 ALLEN HILL ROAD | TYLERTOWN, MS SVN | Gilmore Auction & Realty Co. DAVID E. GILMORE, CCIM, CAI, AARE gilmored@svn.com 504.228.6606 • Online Auction Sept. 25-30 • 413 Acres with Hunting Lodge • 4 Bed/2 bath lodge sleeps 10 • 7 deer stands with shooting lanes • Abundant deer, turkey, hogs, rabbit, & wood ducks • Marketable timber • Starting bid $650,000 • More info visit www.SVNGilmoreAuction.com $650,000 Sept. 25-30 2% 413 Acres
  16. 16. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty 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. HOSPITALITY | 121-125 ROYAL STREET | NEW ORLEANS, LA 6,500,000 130,000 17,388 SF • Back on market reduced from $8.9 to $6.5 • 5+ Story historic Royal Cosmopolitan Hotel circa 1892, French Quarter New Orleans • Recent zoning for 13 story tower • Perfect for hotel, timeshare, condos, restaurant, event facility • Plans available for 98+ rooms • State & Federal tax credits available • For more info visit www.SVNGilmoreauction.com SVN | Gilmore Auction & Realty Co. DAVID E. GILMORE, CCIM, CAI, AARE gilmored@svn.com 504.228.6606 SVN | Interstate Brokers JOHN JOHNSON, CCIM, ALC johnsonj@svn.com 404.303.1232 374
  17. 17. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty 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 | 704 NW 4TH STREET| FORT LAUDERDALE, FL SVN | Commercial Partners JOHN ANDREWS john.andrews@svn.com 561.613.1403 STEVEN PAULSEN steven.paulsen@svn.com 561.929.4098 ASHLEY BLOOM a.bloom@svn.com 941.961.7109 1,050,000 • Path of downtown development through Sistrunk and West Village • Multiple major developments 2 blocks away at Sistrunk and Ave of the Arts • Zoning NWRAC-MUw | High density residential & non-residential use • Sistrunk historical heritage zoning • Signalized corner at Avenue of the Arts and NW 4th Street • Avenue of the Arts recognized as a major thoroughfare • 21,825 daily traffic (2018) 21,000 18,710 SF 56
  18. 18. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property HighlightsProperty 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 | 1315 NW 2ND STREET | FORT LAUDERDALE, FL SVN | Commercial Partners JOHN ANDREWS john.andrews@svn.com 561.613.1403 STEVEN PAULSEN steven.paulsen@svn.com 561.929.4098 AUSTIN LITTLEPAGE austin.littlepage@svn.com 410.972.3207 3,900,000 • Value Add Opportunity | Opportunity Zone • 17 of 38 individually parceled | Developer rights • 2007-2008 construction • Separately metered water/electric • Blocks from extensive redevelopment • (8) 3 bedroom 2.5 bath, 2 car garage • (9) 2 bedroom 2.5 bath, 1 car garage 78,000 17 5.4% 229,412
  19. 19. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property HighlightsProperty 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 | 3340 S CARPENTER STREET | CHICAGO, IL SVN | Chicago Commercial PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870 1,075,000 • 100% occupied • Newer renovation • Brand new tear-off roofs in 2017 (pitched) • On-site laundry • Tenant paid utilities 32,250 7 153,571
  20. 20. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property HighlightsProperty 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 | 1645 W 17TH ST | CHICAGO, IL SVN | Chicago Commercial PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870 1,075,000 • 2020 renovation • Steps to 18th St CTA Pink Line • In-unit laundry • 100% occupied • Favorable floor plans 32,250 5 215,000
  21. 21. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property HighlightsProperty 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 | 1152 W 17TH ST | CHICAGO, IL SVN | Chicago Commercial PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870 1,099,000 • Value-add opportunity • Heart of Pilsen | steps to 18th St • Very well maintained brick building • Great unit mixes & floor plans 32,970 7 157,000
  22. 22. Price $ Buy Side Fee $ Size Price /SF $ Cap Property HighlightsProperty 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 | 889-899 34TH STREET | OAKLAND, CA 1,810,000 45,250 8,565 SF • Low price per sqft • Previously rented as 11 units • Well-maintained • Near BART and Freeway access SVN | Pacific Commercial Advisors JUSTIN WONG CalDRE #01974254 justin.wong@svn.com 510.917.2022 KEVIN D. CHIN, CCIM CalDRE #00696127 kevinc@svn.com 415.922.2900 211 6.01%
  23. 23. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty 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 | 22 FELTON PL | CARTERSVILLE, GA 1,950,000 58,500 8,688 SF 224 • Dental practice with labs • Built in 2002 • New hospital • Established practice for over 40 years SVN | Creviston Realty, Inc. JEFF HAMMOND, MPA jhammond@svn.com 210.889.6819
  24. 24. Price $ Buy Side Fee $ Size Price/Acre $ Property HighlightsProperty 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 | 455 LAFAYETTE ROAD | SYRACUSE, NY SVN | Realty Performance Advisors (Rochester) ROBERT MARVIN, RPA, FMA robert.marvin@svn.com 585.697.0901 CATHERINE BARNUM, MBA, RPA cathy.barnum@svn.com 585.314.4498 1,950,000 • Zoned RA-1 Residential • Permitted uses include development of single family dwellings, single family cluster developments, churches, schools, convents, private swimming pools, golf course, club house, municipal buildings, family daycare, on-site parking, private garages, storage of private trailers among other uses • Nearby access to Interstate 81 58,500 73.81 Acres 26,419
  25. 25. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty 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 | 806 LINDEN AVE | ROCHESTER, NY 2,200,000 66,000 21,218 SF 104 • Single story office building consisting of five (5) suites for a total of 21,218 SF • Three (3) angled truck docks • Functional office layouts • Convenient access to SR 441 AND I-490 East/West SVN | Realty Performance Advisors (Rochester) JOE ROWLEY, JR. joe.rowley@svn.com 585.697.0901 LUZ N ALVAREZ luz.alvarez@svn.com 585.697.0901
  26. 26. Price $ Buy Side Fee $ Size Price /SF $ Property HighlightsProperty 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 | 2918-2920 LYON STREET | SAN FRANCISCO, CA 2,800,000 84,000 3,000 SF • San Francisco dental building with 3-bed leased apartment above • Ideal for dentist looking to own rather than lease, with additional income • 90% LTV SBA Loans available to qualified owner-occupiers • Prestigious marina/Cow Hollow submarket opposite The Presidio Park • 4 operatory, ±1,600 SF ground floor dental space with handicap accessible restroom • Garden and backyard with deck at rear of property SVN | QAV & Associates CATHERINE HOUSE, CCIM, FRICS CalDRE #01327824 catherine.house@svn.com 415.464.6401 933
  27. 27. Price $ Buy Side Fee $ Size Price /SF $ Cap Property HighlightsProperty 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. 24,730,000 • San Francisco Bay Area Real Estate in the Path of Growth at the intersection of I-80 and Hwy 12, near I-680 • COVID-resistant tenants (including Fresenius) all paying rent on time with no requests for deferral or abatement • Highly improved space priced well below replacement cost at $184 PSF • Multi-tenanted office campus (6 of the 10 office buildings in Busch Campus Park) with strong credit tenants • Price reduction increasing actual cap. rate 6.80% at 84% occupancy • Proforma cap.rate now 8.10% at 100% occupancy OFFICE & MEDICAL | 350-500 CHADBOURNE ROAD | FAIRFIELD, CA 134,340 SF 309,125 SVN | Rich Investment Real Estate Partners TRAVIS ALBEE CalDRE #01871289 travis.albee@svn.com 818.599.6588 JEFF ALBEE, CCIM CalDre #00969071 jeff.albee@svn.com 818.227.8000 184 6.8% CATHERINE HOUSE , CCIM, FRICS CalDRE #01327824 catherine.house@svn.com 415.464.6401 SVN | QAV & Associates
  28. 28. Price $ Buy Side Fee $ Size Price /SF $ Cap Property HighlightsProperty 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 | 1800 EL CAMINO REAL | MENLO PARK, CA 6,850,000 137,000 8,984 SF • Very competitive pricing at $762/PSF • Close proximity to Facebook, Google, and other top tech employers • Investors could lease-up the remaining space with a 5.21% proforma cap rate at $3.75/MO/NNN • Ideal for Owner-User with 52.25% vacancy enabling 90% LTV SBA Financing • 18 parking spaces including 1 handicapped space • Excellent condition and fully sprinklered SVN | QAV & Associates KIMBERLY LUM CalDRE #02022130 kimberly.lum@svn.com 831.682.5913 CATHERINE HOUSE, CCIM, FRICS CalDRE #01327824 catherine.house@svn.com 415.464.6401 762 5.21%
  29. 29. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property HighlightsProperty 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. PORTFOLIO | BROOKLEDGE COMMONS BUCKINGHAM GATE BLVD | CUYAHOGA FALLS, OH 5,900,000 118,000 80 Units • 100% occupied- 80 unit condo rental package • 48 - deluxe 2 bd/2 ba units (37 garages) • 32 - luxury 1 bd/1 ba units (7 garages) • All new roofs and catch basins • HOA covers 100% exterior/outside of door expenses • Amenities: Swimming pool, clubhouse, picnic area, fitness room • 150 condos total - 80 units = majority (HOA rules are one unit = one vote) • Notable rent upside and additional opportunities to acquire additional units SVN | Summit Commercial Real Estate Group, LLC NICHOLE BOOKER, PHD nichole.booker@svn.com 330.475.5500 73,750 7%
  30. 30. Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap Property HighlightsProperty 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 | 100058 . 48 HOME SFR PORTFOLIO | PHOENIX, ARIZONA SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 8,490,000 • For more information, please visit www.SFRhub.com and search for portfolio 100058! • Competitive seller financing available • Portfolio offers 100% occupied cash flowing homes in the thriving Phoenix market • Homes priced 42% lower than the median home price in Phoenix • Ideal mix of renter’s choice 2-3 bedroom homes with average sqft of 1206 • Phoenix average rent increased the most among the largest renter hubs, by 8.3% • All properties have undergone renovations and are in excellent condition 84,900 48 176,875 6.40%
  31. 31. www.svn.com PAGE | September 14th-20th, 2020 EVENTS & WEBINARS MONDAY SEPTEMBER 14 Office Council Meeting 11:00am PT | 2:00pm ET WEDNESDAY SEPTEMBER 16 Best Practices Webinar 9:30am PT | 11:30am ET THURSDAY SEPTEMBER 17 Retail Council Meeting 10:00am PT | 1:00pm ET
  32. 32. 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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