SVN Live™ Open Sales Call 9-19-16

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The SVN® organization shares a portion of their new weekly listings via their SVN Live™ Open Sales Call.Visit http://www.svn.com/national-sales-callif you would like to attend our weekly call which we open up to the brokerage community.

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SVN Live™ Open Sales Call 9-19-16

  1. 1. SVN.COM SVN LiveSM Open Sales Call Date: September 19, 2016
  2. 2. Midwest Networking & Dealmaking Event Chicago, IL | Wed. Oct. 5th – Thurs. Oct. 6th SAVE THE DATE! To register, contact Angela.Corvo@svn.com
  3. 3. Economic Talking Points Job creation continues persistently, but not aggressively Fed “hike” uncertainty and CRE investing 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  4. 4. Events & Webinars: September 19 – September 23, 2016 Tuesday, September 20th Preferred Vendor Webinar 9:00 am PT / 12:00 pm ET 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. Meetings & Events this Week: Wednesday, September 21st Best Practice Call 8:30 am PT /11:30 am ET Office Council Call 11:00 am PT /2:00 pm ET Thursday, September 22nd Self Storage Council Call 8:30 am PT / 11:30 am ET Medical Office Council Call 12:00 pm PT / 3:00 pm ET
  5. 5. Transaction Highlights: • Brand new 15 year lease • Jay and Scott brought the buyer • First time DG buyer • Peter and Chris secured the property Just Closed Retail NNN Dollar General Investment | Rockport, TX Jay Dabbs | 830.358.7806 | jay.dabbs@svn.com Scott Forester | 830.358.7812 | scott.forester@svn.com Peter Colvin | 616.893.1398 | peter.colvin@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  6. 6. Transaction Highlights: • Owner user acquisition • 4 month ESCROW • Listing for over a year • Seller looking for value-add 1031 exchange opportunities one year $1,150,000 | Just Closed Retail 3624 E Bell Rd | Phoenix, AZ Paul Borgesen III | 480.425.5516 | paul.borgesen@svn.com Justin Horwitz | 480.425.5518 | justin.horwitz@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  7. 7. Transaction Highlights: • 6440 SF retail center with 2 tenants in high traffic retail corridor • Helped structure a deal between owners and long term tenant in the building and represented both buyer and seller • 6.95% equivalent cap rate • Sold at strong price of $295 per SF $1,900,000 | Just Closed Retail 1915 Nicholasville Road | Lexington, KY Matt Stone, CCIM, MBA | 859.264.0888 x 25 | matt.stone@svn.com Neal Metcalfe | 859.264.0888 | neal.metcalfe@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  8. 8. Transaction Highlights: • Uncovered property at ReCon in Las Vegas • Buyer performed a reverse exchange • Original asking price was $2.6m • Short term lease • Purchased for $40/SF • Located on the main shopping arterial • Huge upside in rent if tenant vacates $1,950,000 | Just Closed Retail 2025 Lancaster Drive NE | Salem, OR Ryan Imbrie, CCIM | 503.208.9403 | ryan.imbrie@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  9. 9. Transaction Highlights: • NNN Investment property • CAP rate 7% • Built in 1989 Renovated 2015 • Lot size 2.05 acres • 12,940 SF building • Multi tenant – 5 units • Convenience Store anchored $3,650,000 | Just Closed Retail 9219 E Sprague Ave | Spokane Valley, WA Guy Byrd | 509.953.5109 | guy.byrd@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  10. 10. Transaction Highlights: • Nick Malagisi mentors Kristen Asman of Columbus in self storage; both attend the Ohio Self Storage conference. • At OH SSA they meet a woman, who is sole owner of an 88,000 SF self storage property in tertiary market, Lima. Ohio (100,000 population in NW Ohio). • Property is exceptional, 96% occupied, below market rents, and room for expansion. • Owner decides to list with Kristen and Nick • Nick procures a REIT Buyer who is aggressively looking for TERTIARY market investments! • Property was listed at 7.4% cap rate, and sold at 7.6%! • Kristen Asman guides inexperienced seller through the selling and closing process. • Great collaboration between SVN Buffalo and SVN Columbus. $5,300,000 | Just Closed Industrial 1910 West Robb Road | Lima, OH Kristen Asman | 614.370.9077 | kristen.asman@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  11. 11. New Inventory: $59,976,300 Buy-Side Commission: $1,225,250 *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
  12. 12. Offering Highlights: • Auction date: October 6, 2016 • +/- 340 feet of beach frontage & Intracoastal no wake frontage • Rare acreage on prestigious Hillsboro Mile • +/-3.35 acre of adjoining lots at 1103 & 1107 Hillsboro mile • Lots could be sub-divided into 3 Lots • Ultra-Luxury estate lot • Space for Mega-YachtHighest And Best Offer | For Sale 1.25% | Buy Side Fee Land 1103-1107 Hillsboro Mile | Pompano Beach, FL Keith Kidwell, SIOR, CCIM | 954.252.1049 | kkidwell@svn.com Will Reynoso, MBA | 954.252.1049 | wreynoso@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  13. 13. Offering Highlights: • Auction date: October 6, 2016 • Twelve land parcels totaling 11.3 acres M.O.L. • Six parcels with ocean frontage (ranging between .78 - .88 acres) • Six parcels with Intracoastal waterway frontage (each approximately 1.02 acres) • Partially constructed marina • Property is zoned RM-16 - multiple family medium density • View some of the most breathtaking views of the Atlantic ocean Highest And Best Offer | For Sale 1.25% | Buy Side Fee Land 1174-1184 Hillsboro Mile | Hillsboro Beach, FL Keith Kidwell, SIOR, CCIM | 954.252.1049 | kkidwell@svn.com Will Reynoso, MBA | 954.252.1049 | wreynoso@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  14. 14. Offering Highlights: • CAP RATE: 10.26% • Barnes & Noble - Nations largest retail bookseller, over 6.0 billion in sales in 2015 • Barnes & Noble pre-exercised their next lease option term - current lease expires January 31, 2025 • Ground lease expires September 2055 Price Reduced - $4,495,000 | For Sale $112,375 | Buy Side Fee Retail 2051 N. Federal Highway | Fort Lauderdale, FL Keith Kidwell, SIOR, CCIM | 954.234.8777 | keith@svncr.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  15. 15. Offering Highlights: • 1.72 acres • Incredible Downtown Fort Lauderdale location • RAC zoning, allows for high density flexible design • Existing 40,971 SF office building • Cap rate: 3.3% $18,000,000 | For Sale $360,000 | Buy Side Fee Re-Development 800 East Broward Blvd. | Fort Lauderdale, FL Les Byron, SIOR, CCIM | 954.401.4713 | les@svncr.com Keith Kidwell, SIOR, CCIM | 954.234.8777 | keith@svncr.com Steve Davis | 954.650.7824 | steve@svncr.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  16. 16. Offering Highlights: • Lot #2: 1.05 acres - $1.3M • Lot #3: 1 acre w/ pole sign - $1.3M • Ideal for restaurant / retail • Impact fee credits to buyer • Strong demand generators $1,300,000 | For Sale $39,000 | Buy Side Fee Land SR 46 & Hickman Drive | Sanford, FL Ali Mushtaq | 407.982.3976 | ali.mushtaq@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  17. 17. Offering Highlights: • Just South of the Y on North Division • Easy access and high visibility • Existing buildings for mechanical shops and retail • 21,360 SF of existing buildings • 1.99 acre retail location • 140 feet of division frontage • Three 14' doors • Waiting area and 4 separate offices • Sales office area • 17 bays for maintenance $1,950,000 | For Sale $58,500 | Buy Side Fee Retail 8815 North Division | Spokane, WA Taylor Gibbons | 509.939.1741 | taylor.gibbons@svn.com Guy Byrd | 509.953.5109 | guy.byrd@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  18. 18. Offering Highlights: • NNN leases with increases and options to renew • Prominent hard corner within 1 mile of Columbus Airport • Near I-270 and I-670 in high traffic area • 9 % cap rate • 2009 Construction by current owner $1,950,000 | For Sale $48,750 | Buy Side Fee Retail Gas Station-Anchored Center | Columbus, OH Victor S. Voinovich Sr. | 888.236.1435 | voinovichv@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  19. 19. Offering Highlights: •$80,000 price reduction •10.0% Cap Rate! Motivated charity seller •Fastest growing county in Michigan •Top 10 metro and 25 miles SW of Grand Rapids - Michigan’s 2nd largest metro •Absolute NNN lease •22 year initial term; 3.5+ years remaining •Busy corner with large signalized intersection and approximate 30k VPD •High traffic area with major national retail •Zero cash flow assumable loan in place •Free standing 11k SF corporate prototype with drive-thru $2,320,000 | For Sale $58,000 | Buy Side Fee Retail Rite Aid-973 S Washington | Holland, MI Victor S. Voinovich Sr. | 888.236.1435 | voinovichv@svn.com David De Maagd | 616.399.3955 | david.demaagd@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  20. 20. Offering Highlights: • Great investment property • Strong tenant profile with excellent upside on rents • Unit mix (21) one bed units and (40) two bed units • 100% occupancy rate • 8% Cap rate $2,600,000 | For Sale $52,000 | Buy Side Fee Multifamily 520 N Rockwell Ave | Oklahoma City, OK Girma Moaning | 405.772.7254 | girma.moaning@svn.com Andrew Hwang, ESQ | 405.772.7255 | andrew.hwang@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  21. 21. Offering Highlights: • Recently renovated • 98% occupancy with great tenants • Major tenant has right of first refusal to lease any vacant space • Great investment offered at a 8.4% CAP $2,650,000 | For Sale $59,625 | Buy Side Fee Office 1300 Market Street | Lemoyne, PA Chris Baj, CCIM, CPA | 484.245.1016 | chris.baj@svn.com Mia Baj | 484.245.1017 | mia.baj@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  22. 22. Offering Highlights: • Prime location • 227 FT of IH 35 frontage • All utilities and sewer available • Zoned C-3 • No flood plain • Easy access off of IH 35 • Great visibility $3,100,000 | For Sale $124,000 | Buy Side Fee Land 2100 N IH 35 | New Braunfels, TX Jay Dabbs | 830.358.7806 | jay.dabbs@svn.com Scott Forester | 830.358.7812 | scott.forester@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  23. 23. Offering Highlights: • Finished townhouse sites • Ready to build • Amenities and common area complete • Well located and priced $3,200,000 | For Sale 2.5% | Buy Side Fee Land 1390 Isabella Drive | Melbourne, FL Ashley Bloom | 941.961.7109 | ashley.bloom@svn.com Ron Zeigler | 941.350.9636 | ron.zeigler@svn.com J. Chris Malkin | 888.892.9890 x200 | chris.malkin@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  24. 24. Offering Highlights: • Single tenant, $270,290 NOI, 7% cap rate • 11 plus years left on absolute triple net, corporately guaranteed lease • Up to 4 consecutive 5-year renewal options • 7.5% increases in rent every 5 years • Out parcel to Kohl’s and life time fitness shopping center on main retail corridor in Columbus Ohio far east side • 159,641 residents in a 5-mile radius • Avg HH income $84,700 plus in a 1-mile radius and $71,100 plus in a 5-mile radius $3,861,300 | For Sale 2.0% | Buy Side Fee Retail 1281 Hill Road North | Pickerington, OH Jack Turner | 614.944.5140 | jturner.cre@svn.com Christopher Salomone | 614.944.5140 | csalomone@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  25. 25. Offering Highlights: • Historic Brick and Timber Building • Retail tenant on month to month lease • Add value or owner user opportunity • Jackson Square is becoming a tech hub $5,750,000 | For Sale $115,000 | Buy Side Fee Retail 809-811 Montgomery Street | San Francisco, CA Kevin D. Chin, CCIM BRE #00696127 | 415.922.2900 x101 | kevinc@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  26. 26. Offering Highlights: • 8% CAP rate on actuals | 89% Occupied • Busy neighborhood center Shadow-Anchored by Ross Dress For less • Notable tenants: family Dollar, comfort dental, H&R Block, cost cutters, first cash financial • Well located asset in close proximity to I-25 • Several tenants have been at this location 20+ years • $109/SF | below market rents | upside potential$8,800,000 | For Sale $198,000 | Buy Side Fee Retail SECURITY SHOPPING CENTER | Colorado Springs, CO 314-388 Main Street Kevin Matthews | 303.974.5893 | Kevin.Matthews@svn.com Troy Meyer | 303.974.5737 | Troy.Meyer@svn.com 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side.
  27. 27. SVN.COM Thank you for joining us! For more information on all of our listings please visit www.svn.com

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