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SVN Live Weekly Property Broadcast 11.25.19

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The SVN organization shares a selection of their featured weekly listings via their SVN | Live Weekly Property Broadcast. Visit http://www.svn.com/svn-live-weekly-property-broadcast if you would like to attend, as we open the Broadcast up to the entire brokerage community.

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SVN Live Weekly Property Broadcast 11.25.19

  1. 1. WEEKLY PROPERTY BROADCAST November 25, 2019 Live ®
  2. 2. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN FRANCHISES SVN FRANCHISE LOCATION SVN | Executive Commercial Advisors Merced, CA Managing Director: Randy Hayer SVN | First Coast Commercial Real Estate Specialists Jacksonville, FL Managing Directors: W.B. “Colin” Nicholson III, W.B. “Nick” Nicholson Jr.
  3. 3. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION Anthony Ruiz SVN | Desert Commercial Advisors., San Rafael, CA Todd Parks SVN | Asset Advisory Group, San Diego, CA Robert Kirkpatrick SVN | Insight Commercial Real Estate Advisors, Murrieta, CA Kimberly Lum SVN | QAV & Associates, San Francisco, CA Gabriel Hill SVN | Denver Commercial, Denver, CO Paul Bachmann SVN | Commercial Advisory Group, Sarasota, FL Ryan McDonald SVN | Commercial Advisory Group, Sarasota, FL Ethan Falk SVN | Saunders Ralston Dantzler, Lakeland, FL
  4. 4. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION J. Kyle Vreeland SVN | Saunders Ralston Dantzler, Lakeland, FL John Holzaepfel SVN | Saunders Ralston Dantzler, Lakeland, FL Paul Meador SVN | Saunders Ralston Dantzler, Lakeland, FL Harold Barber SVN | Bell Commercial, Atlanta, GA Brandon Heaver SVN | Miller Commercial Real Estate, Easton, MD Haley Hensley SVN | Lord Partners, St. Louis, MO Janice Wiegand SVN | Lord Partners, St. Louis, MO Eric Popp SVN | Realty Performance Advisors, Rochester, NY
  5. 5. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION Kyle Kennedy SVN | BlackStream, Charlotte, NC Tim Caryl SVN | BlackStream, Charlotte, NC Justin Wilson SVN | Tar Heel Commercial Realty, Raleigh, NC Graydon Fox SVN | Summit Commercial Real Estate Group, LLC, Fairlawn, OH Thomas Fox SVN | Summit Commercial Real Estate Group, LLC, Fairlawn, OH Garrett Huie SVN | OAK Realty Advisors, Tulsa, OK Keith Burke SVN | The Concordis Group, Philadelphia, PA Jake Malone SVN | Angelic, Austin, TX
  6. 6. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION Jesse Fox SVN | Cornerstone, Spokane, WA Salim Farha SVN | Executive Commercial Advisors, Merced, CA Kathlene Bissell SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Kimberly Aselton SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Robert Lawrence SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Joseph D. “Chip” Sistare III SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL David Enicks SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Glenn Palmer SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL
  7. 7. www.svn.com PAGE | © 2019 SVN International Corp. Live® WELCOME NEW SVN ADVISORS ADVISOR SVN FRANCHISE AND LOCATION Chas Lawrence SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Louis D. Goyreau SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL Anthony Migliore SVN | First Coast Commercial Real Estate Specialists, Jacksonville, FL
  8. 8. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS U.S. Commercial Property Prices Remain Strong While Deal Volume Fluctuates • U.S. commercial property price growth pushed higher in October, the latest RCA CPPI summary report shows. Prices have remained strong even as an apparent disconnect between buyers and sellers has taken a toll on deal volume. • The industrial sector again posted the largest annual increase of any property type, as it has for all of 2019. Industrial prices climbed 12.4% from last October, and 0.8% from the prior month.
  9. 9. www.svn.com PAGE | © 2019 SVN International Corp. Live® ECONOMIC TALKING POINTS Grocery-Anchored Shopping Centers Remain the Safest Retail Bet • According to RCA, sales transaction volume involving grocery-anchored centers increased 3 percent nationally in the first 9 months of 2019 to roughly $7.1 billion from $6.9 billion in the first 9 months of 2018. • In the 3rd quarter of 2019, deal volume in the sector totaled $2.58 billion, up from $2.36 billion in the second quarter and $2.2 billion in the first quarter. • Total volume of grocery-anchored retail property transactions came to $9.9 billion in 2018.
  10. 10. Live® © 2019 SVN International Corp. CLOSED DEALS
  11. 11. Sale Price $ Size Price /Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 1.64 ACRES |Live ®® 1,000,000 • Now leasing • Located in front of Academy Sports and Fresh Thyme • Areas strongest retail corridor • More development ground still available 609,756 SVN | The Martin Group STEVE MARTIN, CCIM, CPM steve.martin@svn.com 812.471.2500 x 2770 ANDY MARTIN andy.martin@svn.com 317.849.8001 CHRISTOPHER STUARD chris.stuard@svn.com 812.471.2500 LAND | 939 N BURKHARDT ROAD | EVANSVILLE, IN
  12. 12. Sale Price $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 21,183 SF |Live ®® 1,050,000 • Owner/user sale • Sold to a regional pharmaceutical distributor • Took over 10 months to close • Despite environmental issues, the purchaser was able to obtain SBA financing 49.57 INDUSTRIAL | 721 W TARRANT ROAD | GRAND PRAIRIE, TX SVN | Dunn Commercial PAYNE PITTMAN payne.pittman@svn.com 817.406.0115 DAVID DUNN, CCIM, SIOR david.dunn@svn.com 817.640.9964
  13. 13. Sale Price $ No. of Units Price /Unit $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 12 UNITS |Live ®® 1,225,000 • Exceeded seller's expectations • Persistent calls retained the listing • Great value-add deal • Full brick, corner 12-unit with parking • Long-term tenants 102,083.33 MULTIFAMILY | 5203 W WOLFRAM STREET | CHICAGO, IL SVN | Chicago Commercial DAVID MILLER david.miller@svn.com 312.756.7355 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870 PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 DAWN OVERSTREET dawn.overstreet@svn.com 312.756.7335
  14. 14. Sale Price $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 8,400 SF |Live ®® 1,350,000 • Ferguson HVAC tenant; triple B+ credit rating • Sold at 6.25% CAP rate in suburban Detroit • 8 years left on the current lease • Seller from Illinois • Buyer from California 160.71 RETAIL | 15133 TELEGRAPH ROAD | REDFORD, MI SVN | Chicago Commercial AMY VAN HOOK amy.vanhook@svn.com 312.676.1863
  15. 15. Sale Price $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 10,908 SF |Live ®® 1,975,000 • NN single tenant with new roof • Recently converted Rite Aid • Asking 7.25% and negotiated purchase at 8.5% cap • Major intersection with 43,000 cars per day181.06 RETAIL | 2425 N SLAPPEY BOULEVARD | ALBANY, GA SVN | The Hurst Company, LLC RICHARD HURST, CCIM rick.hurst@svn.com 913.538.5568 8.5% SVN | Rich Investment Real Estate Partners ALEJANDRO HINOSTROZA CalDRE #01853793 alejandro.hinostroza@svn.com 310.873.3977 x 289
  16. 16. Sale Price $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 4,968 SF |Live ®® 2,300,000 • Downtown Spokane • Freeway visibility • Easy access • Two billboards and one pylon 462.96 RETAIL | 817 W 3RD AVENUE | SPOKANE, WA SVN | Cornerstone TAYLOR GIBBONS taylor.gibbons@svn.com 509.939.1741
  17. 17. Sale Price $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 26,682 SF |Live ®® 2,500,000 • Beachside office building with fully furnished offices • Fully renovated single or multiple tenant spaces • Full building generator - 800 gallon diesel • Reinforced concrete with hurricane shutters • Roof and HVAC system replaced in 2015 • Modern elevators, ADA compliant, and fully sprinklered • Seller financing available 93.70 OFFICE | 140 S ATLANTIC AVENUE | ORMOND BEACH, FL SVN | Alliance Commercial Real Estate Advisors CARL W LENTZ, IV, MBA, CCIM carl.lentz@svn.com 386.566.3726 JOHN W TROST, PA, CCIM john.trost@svn.com 386.295.5723 TIM DAVIS, CCIM tim.davis@svn.com 386.566.4917
  18. 18. Sale Price $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 44,423 SF |Live ®® 9,000,000 • 90.4% occupied • 8 tenants • SVN | KOVA brought the property from 43% occupied to 90% occupied • Contract to close in 45 days • 1031 investment 202.60 RETAIL | 9961 INTERSTATE COMMERCE DRIVE | FORT MYERS, FL SVN | KOVA BRYAN FLORES bryan.flores@svn.com 239.315.7019 7.45%
  19. 19. Live® © 2019 SVN International Corp. FEATURED INVENTORY
  20. 20. www.svn.com PAGE | © 2019 SVN International Corp. Live® FEATURED INVENTORY: $35,427,515 BUY-SIDE COMMISSION: $863,925 FEATURED INVENTORY FINANCIAL SUMMARY
  21. 21. List Price $ Buy Side Fee $ Size Price / Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 449.56 ACRES |Live ®® 1,395,000 • 449.56 acre portfolio of land in Madison County • Approximately 2,800 sf of frontage on CR 53 • Quick access to I-10; 7 miles from the City of Madison • Property adjacent to Reagan Family Campground and Jellystone Yogi Bear Campground • Currently used for hunting and timberland 41,850 LAND | 7580 CR 53 | MADISON, FL 3,103.03 SVN | First Coast Commercial Real Estate Specialists DAVID ENICKS denicks@svn.com 904.421.8533
  22. 22. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 7,740 SF |Live ®® 1,600,000 • 7,740 sf of existing structures • The newest building built in 1998 containing 4,500 square feet is occupied by the Party Palace who is the seller • This building is clear span open retail space with 10.5 foot ceilings and a storage area with a 9 foot overhead door • Great windows for natural light and 34 striped car parks. Seller shall vacate this premises upon sale. 48,000 RETAIL | 2607 NORTH DIVISION STREET | SPOKANE, WA 206.72 SVN | Cornerstone TAYLOR GIBBONS taylor.gibbons@svn.com 509.939.1741 MATTHEW BYRD matt.byrd@svn.com 509.499.9229
  23. 23. List Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 8 UNITS |Live ®® 1,990,000 • Strong rental market • On-site laundry • Spacious air-conditioned units • Upside potential • Minutes to downtown Santa Ana 49,750 MULTIFAMILY | 910 S TOWNSEND STREET | SANTA ANA, CA 248,750 SVN | Vanguard FERNANDO CRISANTOS CalDRE #01972227 f.crisantos@svn.com 949.558.0312 SEAN MATSUURA CalDRE #02003550 sean.matsuura@svn.com 949.354.6435 4.23%
  24. 24. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 12,096 SF |Live ®® 2,400,000 • Recently renovated office area • Large fenced lot with ample parking • 100% air controlled, 2 story educational "flex" building with approximately 15 offices • Unique opportunity for any owner/user • Convenient access to the 22 & 405 Freeway 60,000 INDUSTRIAL | 11751 MONARCH STREET | GARDEN GROVE, CA 198.41 SVN | Vanguard JAY NO CalDRE #02052695 jno@svn.com 949.558.0311 JON DAVIS CalDRE #01885959 jon.davis@svn.com 949.558.0302
  25. 25. List Price $ Buy Side Fee $ Size Price /SF $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 4.45 ACRES |Live ®® 2,900,000 • 4.45 acres development opportunity land site • Newly expanded 5 lane major east/west corridor • County and village incentives available • Assemblage up to 10 acres • Allowable use: multifamily, office, medical, retail, senior housing 87,000 SVN | Chicago Commercial BEVERLY HAYES beverly.hayes@svn.com 312.756.7330 LAND | 10870 W 159TH STREET | ORLAND PARK, IL 14.96 KAREN KULCZYCKI kkulczycki@svn.com 312.602.5346
  26. 26. List Price $ Buy Side Fee $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 23,875 SF |Live ®® 3,200,000 • 23,875 sf Dollar Tree anchored center • 94% occupied • 19,000 VPD traffic count • Extensive recent CapEx 96,000 SVN | Chicago Commercial DAVID COUPE david.coupe@svn.com 312.789.4866 RETAIL | 943-955 N MCLEAN BOULEVARD | ELGIN, IL 134.03 8.5%
  27. 27. List Price $ Buy Side Fee $ Size Price / Acre $ *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 97.8 ACRES |Live ®® 2,934,000 • Opportunity Zone land for industrial development ±160,000 ft.² or ±80,000 ft.² x 2 • Between Michelin & First Quality Tissue, Anderson, SC • ±0.9 miles to First Quality Tissue, ±1.3 miles to Michelin Starr Manufacturing, ±2.3 miles to Electrolux • ±5.7 miles to Anderson Regional Airport, 50 miles to Greenville-Spartanburg Intl Airport, 130 miles to Hartsfield-Jackson Atlanta Intl Airport, 128 miles to Charlotte Douglas Intl Airport • Located on Highway 29, ±10.3 miles from I-85, 2 hours 22 minutes to Atlanta, GA, 2 hours 14 minutes to Charlotte, NC. 146,700 SVN | BlackStream MARK DZULYNSKY mark.dzulynsky@svn.com 954.248.3073 LAND | HWY 29, MASTERS BOULEVARD & RICHLAND DRIVE | ANDERSON, SC 30,000
  28. 28. List Price $ Buy Side Fee $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 13,500 SF |Live ®® 3,529,000 • Hard corner location at busy intersection (64th & Sheridan) • Low price point - low rent - consistently solid sales • One of the hottest sub-markets in the Denver MSA - very low 2.7% unemployment rate in Arvada • Dense infill location - approximately 87,000 vehicles travel by the property daily • Investment grade credit tenant - #17 on fortune 500 70,580 SVN | Denver Commercial TROY MEYER troy.meyer@svn.com 303.974.5737 RETAIL | 6395 SHERIDAN BOULEVARD | ARVADA, CO 261.41 5.8% KEVIN MATTHEWS kevin.matthews@svn.com 303.974.5893
  29. 29. List Price $ Buy Side Fee $ No. of Units Price /Unit $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 35 UNITS |Live ®® 4,554,515 • Learn more about portfolio 100447 at SFRhub.com • Multiple properties contain 2 to 3 detached units on the same parcel, ideal for rentals • Value-add opportunity to raise current rents by 7% • Located in neighborhoods directly surrounding Texas Tech University 45,545 SFR PORTFOLIO | 35 HOME SFR PORTFOLIO | LUBBOCK, TX 130,129 6.4% SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | Meek & Associates BOB MEEK bob.meek@svn.com 281.794.4180
  30. 30. List Price $ Buy Side Fee $ Size Price /SF $ Cap *For qualified transactions, 50% of the gross commission to the buy side. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE PROPERTY HIGHLIGHTSPROPERTY DETAILS COMMERCIAL REAL ESTATE ADVISORS © 2019 SVN International Corp. All SVN® offices are independently owned and operated. 371,454 SF |Live ®® 10,925,000 • 10-year NNN sale-leaseback • Required close by 12/31/2019 • Corporate headquarters of a worldwide company • Extremely well located and highly sought after asset 218,500 SVN | The Martin Group STEVE MARTIN, CCIM, CPM steve.martin@svn.com 812.471.2500 x 2770 INDUSTRIAL | 8233 BAUMGART ROAD | EVANSVILLE, IN 29.41 8.5% ANDY MARTIN andy.martin@svn.com 317.849.8001 CHRISTOPHER STUARD chris.stuard@svn.com 812.471.2500
  31. 31. www.svn.com PAGE | © 2019 SVN International Corp. Live® November 25th-29th, 2019 EVENTS & WEBINARS THURS-FRI NOVEMBER 28 & 29 SVNIC CLOSED IN OBSERVANCE OF THE THANKSGIVING HOLIDAY
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  33. 33. LA QUINTA, CALIFORNIA
  34. 34. www.svn.com PAGE | Live® © 2019 SVN International Corp. 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. 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. DISCLAIMER THANK YOU FOR JOINING US! Live ®

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