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
April 24, 2023

2. www.SVN.com
Economic
Updates
Provided by

3. www.SVN.com
Economic
Updates
Provided by
○ According to recent data from Associated Builders and
Contractors (ABC), US construction backlogs declined in
March to their lowest level since August 2022.
○ The construction backlog indicator measures the amount
of time, in months, backlogs in projects should be expected.
The measure fell to 8.7 months in March, down from 9.2
months in February.
○ Month-over-month declines were seen across all tracked
industries, which include Commercial & Institutional, Heavy
Industrial, and Infrastructure. Backlogs for all three sectors
remain up year-over-year.
○ Expectations for sales rose in March, while readings for
profit margins and staffing declined. The indicators for all
three remain in "growth" territory. Still, the declines indicate
decision makers' increased attention on cost containment
as recession fears rise and credit conditions tighten.
Construction Backlogs

4. www.SVN.com
Closed
Transactions

5. 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. © 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/SF
Cap
$1,650,000
18,000 SF
INDUSTRIAL | 805 SECRETARY DRIVE | ARLINGTON, TX
○ $91.67 PSF
○ Sold to all cash 1031 buyer
○ Fifth property sold for client in 2 years
$92
SVN | Trinity
Advisors
JAMES BLAKE, CCIM
james.blake@svn.com
817.288.5508
CARL BROWN, CCIM, RPA
carl.brown@svn.com
817.288.5516
5.5%

6. 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. © 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
No. of Units
Price/Unit
Cap
$1,750,000
18 units
MULTIFAMILY | 2637 W RANDOL MILL ROAD | ARLINGTON, TX
○ Experienced local DFW buyer completed the sale on time with no re-trades
○ Great location in North West Arlington
○ Exceptional un-tapped value add potential that will be implemented by new
buyers
○ 10+ year prior ownership
$97,222
5.11%
SVN | Trinity
Advisors
HAYDEN HARDER
hayden.harder@svn.com
817.907.5689
SCOTT HENDERSON
scott.henderson@svn.com
214.808.4359

7. 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. © 2023 SVN International Corp.
Property Details Transaction Highlights
Sale Price
Size
Price/Acre
$1,920,000
120 acres
LAND | N/E MURPHY MILL ROAD & N. BRANNON STAND ROAD | DOTHAN, AL
○ Initial listing 265 acres / closed on 120 acres
○ Closed deal was third deal that went to contract (strong interest rate headwinds)
○ Eventual buyer closed in 30 days (1031 exchange)
○ Sellers ecstatic with $16,000 per acre
○ Able to continue marketing the balance of the property with longterm listing
$16,000
SVN | JJMottram
JOHN MOTTRAM
john.mottram@svn.com
334.201.5002

8. 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. © 2023 SVN International Corp.
Property Details Transaction Highlights
Lease Value
Lease Terms
Size
$2,301,616
7 years
INDUSTRIAL | 750 W MCNAB ROAD | FORT LAUDERDALE, FL
○ 7 year lease term at $20.00 PSF NNN
○ National tenant - law enforcement vehicle modification and outfitter
○ We sold the property last year to one of our local Investors
14,793 SF
SVN | Commercial
Realty
STEVE DAVIS
steve@svncr.com
954.650.7824
KEITH KIDWELL, CCIM,
SIOR
keith@svncr.com
954.234.8777
LES BYRON, CCIM, SIOR
les@svncr.com
954.401.4713

9. www.SVN.com
Featured
Inventory

10. www.SVN.com
Featured
Inventory
Financial summary
Featured
inventory
Buy-side
commission
X
X

11. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
OFFICE | 3333, 3245, 3240, & 3301 W ARTHINGTON | CHICAGO, IL
Subject to Offer
2%
2 buildings, a
parking structure,
and land
○ Former Sears and Allstate headquarters in Chicago, IL; a ~950K SF portfolio
○ 2 shell buildings totaling ~550,000 SF, ~250,000 SF parking garage, ~150,000 SF of
land
○ Former Sears Administration Building is on the National Registry of Historic
Places, potentially eligible for significant tax credits
○ Opportunity zone / qualified census tract (QCT)
SVN | Chicago
Commercial
SCOTT MAESEL
scott.maesel@svn.com
312.676.1860
CHAD SCHROEDL
chad.schroedl@svn.com
312.756.7329
DREW DILLON
drew.dillon@svn.com
734.223.2315

12. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
MIXED-USE | 66-84 WEST NEPESSING STREET | LAPEER, MI
Subject to Offer
3.5%
25,000 SF
○ Attractive mix of retail, office, medical, and residential tenants
○ Located in the heart of Downtown Lapeer, a walkable business friendly district
○ Below market rents provide tremendous upside to next investor.
SVN | Cohn
Commercial
JACOB ROSBERG
jacob.rosberg@svn.com
248.880.7191

13. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Lease Rate
Lease Terms
Tenant Rep Fee
Size
HEALTHCARE | 690 WHITE POND DRIVE | AKRON, OH
$23/SF (NNN)
10 years
3%
○ Gateway Park - Class A medical
○ Highly visible from I-77/I-76
○ Over 95,000 VPD & premium building signage
○ Best in class systems
○ Complex anchored by Summa Health White Pond Medical Center
○ TI packages starting at $100k/sf
Suite 220 - 5,758 SF
Suite 300 - 9,304 SF
SVN | Summit
Commercial Real
Estate Advisors
NICHOLE BOOKER, PhD
nichole.booker@svn.com
330.475.5500
OLIVIA REICHENBACH
olivia.reichenbach@svn.com
440.781.2811

14. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SELF STORAGE | 3495 HWY 18 SOUTH | MORGANTON, NC
$1,200,000
$30,,000
13,856 SF
○ 98% occupied
○ Immediate expansion opportunity
○ Excellent location / greater Charlotte area
○ Frontage on 2 roads
○ Only 1 hour northwest of Charlotte, North Carolina
$87
6.8%
SVN | Wilson
Commercial Group,
LLC
KRISTEN ASMAN
kristen.wilson@svn.com
614.370.9077
SVN | Blackstream
KYLE KENNEDY
kyle.kennedy@svn.com
704.793.8773
SVN | Toomey
Property Advisors
KATELEIGH CALLOWAY
kateleigh.calloway@svn.com
251.544.5484

15. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
RESTAURANT | 1726 W KATHLEEN AVE | COEUR D’ALENE, ID
$1,250,000
$37,500
5,480 SF
○ Restaurant Investment opportunity centrally located in a growing Coeur d'Alene,
ID neighborhood, w/ higher income demographics
○ Successful tenant, The Mango Tree, has four other locations in greater Spokane
○ Substantial operator with over 20 restaurants in the US & Canada
○ NNN lease through August, 2028 with annual 3% escalations
○ Ample parking: 46 on site car parks - 8.39/1000 SF
$228
SVN | Cornerstone
GUY BYRD
guy.byrd@svn.com
509.953.5109
6.4%

16. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
OFFICE | 166 PASADENA DRIVE | LEXINGTON, KY
$1,950,000
$58,500
11,904 SF
○ Single story office on the south side of Lexington
○ 40% occupied with fresh 5-year term
○ Ideal scenario for an owner-occupant
○ Quick access to Nicholasville Road and New Circle Road ample parking
$164
SVN | Stone
Commercial Real
Estate
JOHN BUNCH, SIOR
john.bunch@svn.com
859.327.7261

17. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
OFFICE | 12587 S FORT ST | DRAPER, UT
$1,960,000
$58,800
3,573 SF
○ New office as of November 2022
○ Class A office space
○ 5 miles away from Draper TRAX
○ Walking distance to two parks
$549
SVN | Alta
Commercial
KYLE ALLDREDGE
kyle.alldredge@svn.com
801.380.3876
HAYDEN HOUSTON
hayden.houston@svn.com
512.962.0316
JACOB GARFF
jacob.garff@svn.com
727.385.9830

18. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
INDUSTRIAL | 14037 STUEBNER AIRLINE RD | HOUSTON, TX
$4,000,000
$120,000
26,750 SF
○ Also available for lease at $12/SF (NNN)
○ The property includes 2 well maintained retail/industrial buildings totaling 26,750
sf on 1.52 AC
○ Property is completely fenced and secured both with gates and camera systems
and has pylon/monument signage
○ Property is situated near major highways, including Hwy 249 and Beltway 8
North
$149
SVN | J. Beard Real
Estate - Greater
Houston
BRIGHAM HEDGES
brigham.hedges@svn.com
281.367.2220x143
BONNIE PFRENGER
bonnie.pfrenger@svn.com
281.367.2220x135

19. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
Size
Price/SF
INDUSTRIAL | 213 NESBIT DRIVE | SEAFORD, DE
$5,000,000
$150,000
60,000 SF
○ 60,000 SF total
○ Zoned lt. industrial
○ Owner would like to lease back 25% of the facility
○ 30' ceiling height
○ Heavy electrical power 480/227V & 208V
○ 5.11 acres
○ Also available for lease at $7.00/SF
$83
SVN | Miller
Commercial Real
Estate
FLO BROTZMAN
flo.brotzman@svn.com
410.543.2419
HENRY HANNA
henry.hanna@svn.com
410.543.2420
WESLEY COX
wesley.cox@svn.com
410.543.2421

20. 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. © 2023 SVN International Corp.
Property Details Property Highlights
Price
Buy Side Fee
No. of Units
Price/Unit
Cap
MULTIFAMILY | 100 SUNSET DRIVE | CARY, IL
$17,000,000
$170,000
105 units
○ Assumable HUD loan @ 2.37% fixed until 2055
○ Major improvements to the building systems recently completed
○ 78 of the units are completely renovated with in-unit laundry
○ Multiple avenues to continue adding value
SVN | Chicago
Commercial
REID BENNETT, CCIM
reid.bennett@svn.com
773.251.7342
CODY DORAN
cody.doran@svn.com
309.235.0995
$161,905

21. www.SVN.com
Events
& Webinars
TUESDAY
APRIL 25
Self Storage Product Council Meeting
11:30 AM ET | 8:30 AM PT
WEDNESDAY
APRIL 26
Retail Product Council Meeting
1:00 PM ET | 10:00 AM PT
Date: April 24-29, 2023

22. THANK YOU
for joining us!

23. 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.