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.

1. Weekly
Property
Broadcast
January 29, 2024

2. www.SVN.com
Economic
Updates
Provided by

3. www.SVN.com
Economic
Updates
Provided by
○ According to a recent Rent Cafe analysis,
Office-to-Apartment conversions in major
cities during 2024 are set to quadruple
compared to four years ago. Over 55,000
conversions are in the pipeline for this year,
soaring above the 12,100 converted in 2021.
○ Conversions have steadily increased over the
past four years, reaching 23,100 units in 2022
and 45,200 in 2023. More than 147,000
conversions are planned to take place over the
next few years.
○ Washington, DC, has the largest number of
units planned for conversion from offices this
year, at 5,820. New York is second, with 5,215
apartments under conversion from offices,
followed by Dallas (3,163), Chicago (2,822), and
Los Angeles (2,442).
Office to Apartment Conversions

4. www.SVN.com
Closed
Transactions

5. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
$3,700,000
60,000 SF
INDUSTRIAL | 34430 LAKE CREEK DRIVE | BROWNSVILLE, OR
○ Out of state buyer
○ 17 days from client introduction to close
○ All cash deal, full inspections
$62
SVN | Commercial
Advisors
CURT ARTHUR, SIOR
curt.arthur@svn.com
503.588.0400

6. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
$2,650,000
14,000 SF
INDUSTRIAL | 2673 NE 9TH AVENUE | CAPE CORAL, FL
○ USA headquarters relocation
○ 14000 sf fully air-conditioned warehouse
○ North Cape industrial park
$321,637
SVN | Commercial
Partners
TIFFANY LUONGO
tiffany.luongo@svn.com
239.707.1700

7. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/Acre
$1,650,000
5.13 acres
LAND | 0 MATHOG ROAD | RIVERVIEW, FL
○ Located at a commercial development node
○ Node includes Lowe's, Suncoast Credit Union, Amscot and others
○ Just 3,200 feet from I-75 on/off ramp
$321,637
SVN | Saunders
Ralston Dantzler
STEVE TONER, MBA
steve.toner@svn.com
813.391.0302
CHRISTINA KURTZ-
CLARK, CCIM, ALC
christina.kurtzclark@svn.com
352.223.0817

8. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
$1,600,000
17,800 SF
INDUSTRIAL | 751 ENTERPRISE DRIVE | LEXINGTON, KY
○ Out of town buyer that needed local expertise
○ Put together an effective marketing campaign on the asset.
○ The deal was co-brokered and closed within 45 days of listing
$90
SVN | Stone
Commercial Real
Estate
JOHN BUNCH
john.bunch@svn.com
859.433.8911
GABE MEASNER
gabe.measner@svn.com
859.630.7106

9. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/Acre
$1,349,000
2.33 acres
LAND | 0 SHEPHERD ROAD | LAKELAND, FL
○ Active commercial corridor
○ Across from a Publix shopping center
○ Near McDonald's and banks
○ Off site water retention provided
○ Zoned for most all commercial uses
$578,970
SVN | Saunders
Ralston Dantzler
JAMES EDWARDS, AICP
james.edwards@svn.com
863.430.4244

10. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/Acre
$1,062,500
110 acres
LAND | 0 BAY LAKE RD | GROVELAND, FL
○ Nice pasture in Western Lake County
○ Location in the heart of the Green Swamp area
○ Plenty of wildlife, good grazing and location make this ranch desirable
$9,659
SVN | Saunders
Ralston Dantzler
JIM ALLEN
james.allen@svn.com
863.738.3636

11. www.SVN.com
Featured
Inventory

12. www.SVN.com
Featured
Inventory
Financial summary
Featured
inventory
Buy-side
commission
$641,698+
$25,467,324+

13. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$4,500,000
$157,500
21,937 SF
○ High-rise development opportunity in downtown Denver
○ One-half acre (prox) lot with favorable zoning (D-AS-20+)
○ Attractively priced compared to recent sales activity for quick sale
○ Within the Five Points Business Improvement District (fivepointsbid.com)
○ Historic neighborhood setting with significant infrastructure and new projects
being built
LAND | 2000 WELTON STREET | DENVER, CO
$205
SVN | Denver
Commercial
BRIAN MCRIRIE
brian.mcririe@svn.com
303.763.0848
STEVE KAWULOK
steve.kawulok@svn.com
970.691.1220
WESLEY PERRY
wesley.perry@svn.com
719.224.0777

14. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$4,136,000
$82,720
17,296 SF
○ ​​Absolute NNN lease ​
○ Early lease extension ​
○ Two percent annual increases ​
○ Excellent credit lessee ​
○ Strong location with great demographics ​
○ Voted #22 best place to live by money.com
OFFICE | 107 PIPER HILL DR | SAINT PETERS, MO
$239
SVN | Chicago
Commercial
TIM FRANZ
tim.franz@svn.com
708.307.0716
6.5%

15. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$3,333,700
$66,674
14,592 SF
○ ​Absolute NNN lease ​
○ Early lease extension ​
○ Two percent annual increases ​
○ Excellent credit lessee ​
○ Strong location with great demographics ​
○ Over 300 local businesses in close proximity
OFFICE | 1935 PRARIE DELL RD | UNION, MO
$228
SVN | Chicago
Commercial
TIM FRANZ
tim.franz@svn.com
708.307.0716
6.5%

16. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,350,000
$47,000
6,777 SF
○ 6 years remaining
○ Corporate guarantee with Fresenius Medical Care Holdings, Inc
○ Passive NN+ lease structure – maintenance costs reimbursed by tenant
SVN | Ascension
Commercial Realty
TIM SCHLACHTER, CCIM
tim.schlachter@svn.com
419.540.8888
SINGLE TENANT INVESTMENT | 701 COMMERCE DRIVE | PERRYSBURG, OH
$346
6.52%
SVN | Rich
Investment Real
Estate Partners
JOSH SNYDER
josh.snyder@svn.com
310.425.3377

17. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,200,000
$44,000
13,100 SF
○ Sale leaseback opportunity
○ NNN lease commences at closing
○ 3% annual rent increases
○ +/-31,800 VPD (Station ID 23-0262)
SVN | BlackStream
STEPHEN AHNRUD
stephen.ahnrud@svn.com
404.272.0054
INDUSTRIAL | 211 N PLEASANTBURG DR | GREENVILLE, SC
$168
6.10%

18. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,777,624
$53,329
10,566 SF
○ Atlanta MSA
○ Dollar General RELO "PLUS"
○ Temple GA Dollar General corporate guaranty 15 year triple net lease (NNN) with zero landlord
responsibilities, 8+ years remaining
○ 5 year renewal options with 10% increases
○ Upgraded all brick construction
○ .8 miles from Interstate 20 interchange, 32 miles west of Atlanta's I-285 & I-20 intersection
○ 21,600+ 5 mile population, 8,200+ 5 mile households
SVN | Efird
Commercial Real
Estate
FRANK EFIRD
frank.efird@svn.com
910.200.0037
RETAIL | 268 CARROLLTON STREET | TEMPLE, GA
$168
6.65%
SVN | Toomey
Property Advisors
JUSTIN TOOMEY
justin.toomey@svn.com
251.680.3663

19. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,750,000
$52,500
15,375 SF
○ 100% occupied
○ 21 tenants
○ Ample parking space in the back
○ Corner lot
OFFICE | 1029-1045 N EL DORADO ST | STOCKTON, CA
$114
SVN | Vanguard
JORGE JIMENEZ
jjimenez@svn.com
619.742.9269
6.78%
SVN | Ellwanger
Team
DON ELLWANGER
ellwangd@svn.com
916.798.6545

20. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,725,000
$43,125
13,292 SF
○ 26 student beds
○ 10 vehicle lot which presents a unique development opportunity in the heart of Binghamton
○ Brick buildings
○ Street level retail in downtown
○ Massive upside potential
○ 1 block from the Koffman Incubator
○ Average student bed rents for $791 in downtown
SVN | Innovative
Commercial
Advisors
MATTHEW KARLGUT
matthew.karlgut@svn.com
607.953.1509
MULTIFAMILY | 111 OAK STREET | BINGHAMTON, NY
$130
8.37%

21. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/Acre
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,595,000
$47,850
3.51 acres
○ Ready to build, permit ready
○ All construction docs included In sale
○ 3.5 acre parcel with plans for 55 units
○ All plans are approved with city
○ Owner/agent open to JV options
○ 70% spacious 2 BR, 2 BA, 1,122 SF units with split floor plans and balconies and 30%
spacious 1BR/1BA with 722 SF
SVN | Desert
Commercial
Advisors
CARRICK SEARS, MBA,
CCIM
carrick.sears@svn.com
480.425.5529
LAND | 5810 N 59TH DR | GLENDALE, AZ
$454,416

22. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
No. of Units
Price/Unit
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,100,000
$22,000
5 units
○ 5 Homes scattered through Jackson, MS
○ Asset types include single-family detached
○ All homes renovated during turns
○ Professional property management in place
○ Average size home is 1,446 square feet
○ Homes were constructed between 2006- 2007
SVN | SFRhub
Marketplace
TIM ORSCHELN
tim.orscheln@svn.com
480.291.4330
TOM JOHNSTON
tom.johnston@svn.com
602.825.1780
SFR PORTFOLIO | 5 HOME SFR INVESTMENT PORTFOLIO | JACKSON, MS
6.03%
$220,000
SVN | Toomey
Property Advisors
JUSTIN TOOMEY
justin.toomey@svn.com
251.680.3663

23. All SVN® offices are independently owned and operated.
© 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
No. of Units
Price/Unit
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$1,000,000
$25,000
12 units
○ Visit www.SFRhub.com and search for portfolio 101563 for more information
○ The typical home boasts an average living space of 1,103 square feet
○ The portfolio features a variety of 2-, 3-, and 4-bedroom homes scattered through
Akron, OH
○ There is potential for increased value, as current rents lag behind market rates by
10%
○ The majority of homes hold Section 8 and AMHA certifications
SVN | SFRhub
Marketplace
TIM ORSCHELN
tim.orscheln@svn.com
480.291.4330
TOM JOHNSTON
tom.johnston@svn.com
602.825.1780
SFR PORTFOLIO | 12 HOME SFR INVESTMENT PORTFOLIO | AKRON, OH
9.76%
$83,333
SVN | First Place
Commercial Realty,
LLC
VICTOR VOINOVICH
victor.voinovich@svn.com
216.235.2588

24. www.SVN.com
Events
& Webinars
TUESDAY
JANUARY 30
Self Storage Product Council Meeting
11:30 AM ET | 8:30 AM PT
WEDNESDAY
JANUARY 31
Property Management Product Council
Meeting
1:00 PM ET | 10:00 AM PT
Date: January 29-February 3, 2024

25. THANK YOU
for joining us!

26. 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.