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Weekly
Property
Broadcast
June 26, 2023
www.SVN.com
Economic
Updates
Provided by
www.SVN.com
Economic
Updates
Provided by
○ With home prices and mortgage rates too high for
many American families, the self-storage market has
seen an uptick in space demand as several
households downsize or look for space for new
consumer items that their current residence can’t
accommodate.
○ Analyzing self-storage REIT performance, shares have
averaged a return of 7.27% this year, outperforming
the REIT average.
○ According to data from Hoya Capital, while the sector
has seen some softening from 2021 highs in
occupancy and rents, they remain above pre-
pandemic levels and are less exposed to potential
overvalue issues than the broader CRE market.
○ Funds from operation (FFO) for the Storage REIT
sector is on pace for double-digit performance in
2023, following a 3.0% gain in Q1 2023.
Self Storage: A CRE Bright Spot?
www.SVN.com
Closed
Transactions
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
Confidential
206.49 acres
GOLF & RESORT | 300 THUMPER LODGE ROAD | OTTERTAIL, MN
○ Thumper Pond Resort - 78 key resort hotel located on 200+ acres between Otter Tail
and Buchanan Lakes
○ 18-hole Championship Golf Course, practice range, short game area, and putting
greens
○ Well-known bar and restaurant - Willy T's Tavern & Grill
○ Event and activity center, and a newly built indoor waterpark
○ 26-unit RV park and additional development land
SVN | Northco
FRANK JERMUSEK
frank.jermusek@svn.com
952.820.1615
EDWARD RUPP
edward.rupp@svn.com
952.820.1634
EMILIA MOLLE
emilia.molle@svn.com
952.820.1618
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
$1,015,000
4,147 SF
INDUSTRIAL | 1141 W MISSISSIPPI AVENUE | DENVER, CO
○ Free standing industrial warehouse with a barrel roof structure
○ Great central location and proximity to S. Santa Fe Drive and I-25
○ Wide open warehouse space with a small office buildout
○ Zoned industrial mixed use in Denver
○ 1031 Exchange buyer
$245
SVN | Denver
Commercial
OXANA EREMIANTS
oxana.eremiants@svn.com
720.464.2336
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
$1,094,096
5 years
OFFICE | 1016 CLEMONS STREET | JUPITER, FL
○ 5,200 SF penthouse lease with Save Our Musicians Foundation
○ Views of the Atlantic Ocean, Intracoastal, Jupiter Inlet, Jupiter Lighthouse, and
Jupiter Island
○ Bidding war which led to the winning tenant prepaying 3 years rent at lease
signing
5,232 SF
SVN | Waterfront
Commercial Realty
ROBERT HAMMAN
robert.hamman@svn.com
561.346.2310
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
$1,250,000
6,878 SF
RETAIL | 720 E NORTH AVENUE | CAROL STREAM, IL
○ +/-6,878 SF freestanding restaurant on 0.76 AC
○ $300,000 over asking price due to competing offers
○ Property to be redeveloped as a cannabis dispensary
○ Exposure on North Avenue with extra deeded parking
$182
SVN | Chicago
Commercial
KAREN KULCZYCKI, CCIM
kkulczycki@svn.com
312.602.5346
SCOTT REINISH
sreinish@svn.com
312.667.4609
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
$1,275,000
50,000 SF
INDUSTRIAL | 355 COUNTY ROAD 142 | ALVIN, TX
○ Acquisition cost of $27.56 per foot, significantly lower than market sales comps
○ Proforma cap rate of 13%+
○ Strong submarket with vacancy rates under 4%
○ Multiple exit options, including holding for lease, or making improvements and
sale to owner/user
$26
13%+
SVN | Trinity
Advisors
STEVE FITHIAN, CCIM, CPM,
CPA
steve.fithian@svn.com
817.288.5524
TRINITY (TRENT) HERRERA
trinity. herrera@svn.com
682.704.8789
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
$1,385,000
15,000 SF
INDUSTRIAL | 435-439 W WISE ROAD | SCHAUMBURG, IL
○ Under contract shortly after listing
○ Major suburb of Chicago
○ Repeat client
○ Multi-tenant investment property
$92
SVN | Chicago
Commercial
OLIVIA CZYZYNSKI
olivia.czyzynski@svn.com
312.676.1862
JENNIFER HOPKINS
jennifer.hopkins@svn.com
312.676.1865
8.7%
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/SF
Cap
$1,550,000
3,200 SF
RETAIL | 3320 W DEVON AVENUE | LINCOLNWOOD, IL
○ All cash offer
○ 13 days from contract to close
○ Absolute NNN lease structure
○ Tenant with 40+ units, has a well-established operating history at this location
○ In 2021, due to Covid, the rental rate was renegotiated and the term was
extended
SVN | Chicago
Commercial
ADAM NAPP, CCIM
adam.napp@svn.com
312.789.4864
$484
6.72%
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
$1,636,000
4.55 acres
SELF STORAGE | 3671 CORAL RIDGE ROAD | BROOKS, KY
○ Suffered extensive flood damage shortly after listing
○ We helped them negotiate terms for repairs for new owners
○ Extremely satisfied buyer and seller
$359,560
SVN | Menish
Commercial Real
Estate
BILL MENISH
bill.menish@svn.com
502.939.0399
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
$1,845,455
10,500 SF
RETAIL | 98 JOHNSON ROAD | LONDON, KY
○ Brand new Family Dollar - Dollar Tree combo store with 10 year lease
○ Property went under contract prior to completion of construction and rent
commencement
○ Buyer, seller, and brokers worked together to overcome many obstacles
including rising interest rates and potential eminent domain of the property
$176
SVN | Stone
Commercial Real
Estate
NATHAN DILLY
nathan.dilly@svn.com
859.420.5492
6.6%
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
$1,966,500
35 units
MULTIFAMILY | 35-UNIT MULTIFAMILY PORTFOLIO | AKRON, OH
○ 13 property, 35-unit portfolio located within 3-mile radius
○ 93% leased at PSA & 100% leased at closing
○ Almost all units updated/renovated & very well maintained portfolio
○ Rents 15-30% under market provided great rent upside for the buyer
○ Out of state buyer which SVN will now work with to purchase additional assets
$56,186
8.5%
SVN | Summit
Commercial Real
Estate Advisors
NICHOLE BOOKER, PhD
nichole.booker@svn.com
330.475.5500
AARON DAVIS
aaron.davis@svn.com
330.221.7297
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
$2,050,000
40,000 SF
SELF STORAGE | 2540 S GRAND TRAVERSE STREET | FLINT, MI
○ 4 storage buildings totaling 198 units
○ 3 warehouse building & a 2-story office building
○ 40,000 SF total
○ Lender delays caused 4 extensions
$51
8.5%
SVN | Commercial
Advisory Group
SVN | Wilson
Commercial Group,
LLC
KRISTEN ASMAN
kristen.wilson@svn.com
614.370.9077
SVN | Ascension
Commercial Realty
DOUG WRIGHT, CCIM
doug.wright@svn.com
419.540.8888
MARY O’MALLEY, CCIM
mary.omalley@svn.com
941.960.6342
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
$2,055,969
10 years
OFFICE | 9400 SW BEAVERTON HILLSDALE-HIGHWAY | PORTLAND, OR
○ Over 12k SF of office space in highly visible and well-trafficked location
○ 10-year lease deal valued at over $2M
12,003 SF
SVN | Bluestone
STACY LOONEY
stacy.looney@svn.com
503.459.4387
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
$2,650,000
9,589 SF
RETAIL | 868 N FRANKLIN STREET | CHICAGO, IL
○ 9,589 SF 2nd generation restaurant building in Chicago's River North area
○ SBA financing lead to a very long and protracted contract period
$276
SVN | Chicago
Commercial
WAYNE CAPLAN
wayne.caplan@svn.com
312.529.5791
MICHAEL ELAM
michael.elam@svn.com
312.756.7331
MARCUS COOK
marcus.cook@svn.com
224.522.1344
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
$33,000,000
30 acres
MARINA | 404 RIBERIA ST. | ST. AUGUSTINE, FL
○ State of the art marine property
○ Well capitalized to support 3 diversified income streams
○ Consistent growth and strong cash flow
○ A portion of the property is leased (NNN) exclusively to U.S. Customs and Border Patrol and
used as their primary national training facility
○ Multiple expansion possibilities that include a restaurant, dry storage and the already
permitted 2,000 LF dock expansion
○ Visit www.SVNMarinas.com for more information
$1,100,000
SVN | Safe Haven
Advisors
DAVID KENDALL
david.kendall@svn.com
561.723.8463
MIKE HOWELL
mike.howell@svn.com
508.691.6050
www.SVN.com
Featured
Inventory
www.SVN.com
Featured
Inventory
Financial summary
Featured
inventory
Buy-side
commission
$1,365,907
$67,440,301
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/Acre
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,000,000
$60,000
4 acres
○ 4.0 acre land assemblage
○ High profile corner lot located in the heart of the "lakes area"
○ Potential for commercial uses or mixed-use development
SVN | Cohn
Commercial
Properties
JACOB ROSBERG
jacob.rosberg@svn.com
248.880.7191
LAND | 5815 COMMERCE ROAD | WEST BLOOMFIELD, MI
$500,000
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,400,000
$48,000
3,100 SF
○ Top-grossing Hartz Chicken that combines both business value and prime real
estate
○ 3,100 SF freestanding building with convenient drive-thru
○ Situated in an HEB Outparcel, this strategic location places you at the heart of a
bustling retail district along Southline St, ensuring high visibility and foot traffic
SVN | J. Beard Real
Estae - Greater
Houston
JACKSON CAIN
jackson.cain@svn.com
832.797.8848
RESTAURANT | 417 TX 105 | CLEVELAND, TX
$774
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,406,273
$48,125
14,060 SF
○ Single tenant, absolute bondable 30 year net lease structure removes landlord
property management responsibilities and risks
○ Underlying asset value if ever vacant remains and grows independent of
tenancy/lease, unlike any other CRE asset investment
○ Investment grade tenant credit rating is far superior to the credit profile of
individual residential renters
○ Buyer gets faster residential vs. commercial depreciation
SVN | Angelic
GABRIEL SILVERSTEIN,
SIOR
gabriel.silverstein@svn.com
512.953.3320
LUCY COLLINS
lucy.collins@svn.com
317.503.8026
ABSOLUTE NNN LEASED | 5 PROPERTY PORTFOLIO | ATLANTA, GA MSA
$171
5.5%
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 Property Highlights
Price
Buy Side Fee
Size
Price/SF
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$5,263,708
$105,274
27,255 SF
○ Single tenant, absolute bondable 30 year net lease structure removes landlord
property management responsibilities and risks
○ Underlying asset value if ever vacant remains and grows independent of
tenancy/lease, unlike any other CRE asset investment
○ Investment grade tenant credit rating is far superior to the credit profile of
individual residential renters
○ Buyer gets faster residential vs. commercial depreciation
SVN | Angelic
GABRIEL SILVERSTEIN,
SIOR
gabriel.silverstein@svn.com
512.953.3320
LUCY COLLINS
lucy.collins@svn.com
317.503.8026
ABSOLUTE NNN LEASED | 19 PROPERTY PORTFOLIO | BIRMINGHAM, AL MSA
$193
6.2%
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$2,470,320
$61,758
41,178 SF
○ Recession-resistant tenant and stable cash flow
○ Fully occupied by single tenant, fresh 7 year lease signed in 2023
○ 100+ unit store count and rapidly expanding
○ Several surrounding retailers in top tier system wide according to Placer.Ai
○ Taco Bell (405 / 6203 nationwide), Gatti's (11 / 42 nationwide), Dollar General (4,302
/ 16,509 nationwide)
○ +/- 18,000 VPD
RETAIL | 1309 EAST BROADWAY | CAMPBELLSVILLE, KY
SVN | Stone
Commercial Real
Estate
WESTON LOCKHART
weston.lockhart@svn.com
859.317.3538
7.5%
$60
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/Acre
Cap
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$3,050,000
$61,000
1.256 acres
○ 2 adjoining parcels
○ NNN land leases
○ Long term strong tenants
○ Fifth Third Bank and Pizza Hut Franchise
○ Neighbors include Costco, Lowe's, Walmart, Target, Kroger, and Walgreens plus
numerous other national brands
RETAIL | 3601 & 3603 BUECHEL BYPASS | LOUISVILLE, KY
SVN | Menish
Commercial Real
Estate
RON PREGLIASCO
ron.pregliasco@svn.com
502.419.8186
5.12%
$2,428,344
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$5,500,000
$165,000
24,000 SF
○ 85% leased value
○ Add MTM leases
○ High growth area
○ Asking $229/SF
SVN | Creviston
Realty
JAKE CREVISTON
j.creviston@svn.com
770.557.5206
RETAIL | 3658 & 3622 SHALLOWFORD ROAD | DORAVILLE, GA
$229
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/Acre
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$6,900,000
$138,000
5.29 acres
○ Rare development opportunity
○ West Salem Urban Renewal District
○ Strong demographics
SVN | Commercial
Advisors, LLC
CURT ARTHUR, SIOR
curt.arthur@svn.com
503.588.0400
NICK WILLIAMS
nick.williams@svn.com
503.588.0400
LAND | 740 BASSETT STREET NW | SALEM, OR
$1,304,248
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/Acre
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$7,800,000
$234,000
16.5 acres
○ Proposed Project of 435 Apartment Units
○ Excellent views of Watson Lake
○ Located in a highly sought-after area with highway frontage along Hwy 89
○ Prime location within the planned community of Prescott Lakes Golf Course &
amenities
○ Area experiencing rapid growth, boasting mix of retail, office & commercial uses
○ Seller open to JV options
SVN | Desert
Commercial
Advisors
CARRICK SEARS
carrick.sears@svn.com
480.425.5529
LAND | 2100 N STATE ROUTE 89 | PRESCOTT, AZ
$472,727
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$9,900,000
$148,500
44 units
○ Visit www.SFRhub.com and search for portfolio 101322 for more information
○ Forty-Four (44) new construction Build-for-Rent duplex homes
○ Twenty-two single-story duplex buildings with high quality durable finishes
○ All homes are 3 bedroom and 2 bathroom homes with two car attached garages
○ Every home has an open floorplan consisting of 1250/sf
SVN | SFRhub
Advisors
MICHAEL FINCH
michael.finch@svn.com
480.797.9825
TOM JOHNSTON
tom.johnston@svn.com
602.825.1780
BFR PORTFOLIO | 44 HOME BFR INVESTMENT PORTFOLIO | OKLAHOMA CITY, OK
5.91%
$225,000
SVN | OAK Realty
Advisors
BILL BUCHANAN
bb@svn.com
918.951.7376
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
SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ
$19,750,000
$296,250
170,136 SF
○ Portfolio of three mission critical Healthcare properties
○ Two location is Spokane, WA and one location in Chehalis, WA
○ Seller to sign ten year leases with specific terms to be determined
○ Minimal landlord responsibilities
○ Each site runs at full capacity and has a waiting list
○ The drug and alcohol rehab industry is expected to grow from $5.1 billion in 2022
to $10.99 Billion by 2030
SVN | Cornerstone
MATTHEW BYRD
matt.byrd@svn.com
509.499.9229
NATE GANT
nate.gant@svn.com
503.993.4440
HEALTHCARE | 12715 E MISSION AVE, 44 E COZZA DRIVE, 500 SE WASHINGTON AVE | SPOKANE, WA & CHEHALIS, WA
$116
7.49%
THANK YOU
for joining us!
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.

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SVN Live 6.26.23 Weekly Property Broadcast

  • 3. www.SVN.com Economic Updates Provided by ○ With home prices and mortgage rates too high for many American families, the self-storage market has seen an uptick in space demand as several households downsize or look for space for new consumer items that their current residence can’t accommodate. ○ Analyzing self-storage REIT performance, shares have averaged a return of 7.27% this year, outperforming the REIT average. ○ According to data from Hoya Capital, while the sector has seen some softening from 2021 highs in occupancy and rents, they remain above pre- pandemic levels and are less exposed to potential overvalue issues than the broader CRE market. ○ Funds from operation (FFO) for the Storage REIT sector is on pace for double-digit performance in 2023, following a 3.0% gain in Q1 2023. Self Storage: A CRE Bright Spot?
  • 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 Confidential 206.49 acres GOLF & RESORT | 300 THUMPER LODGE ROAD | OTTERTAIL, MN ○ Thumper Pond Resort - 78 key resort hotel located on 200+ acres between Otter Tail and Buchanan Lakes ○ 18-hole Championship Golf Course, practice range, short game area, and putting greens ○ Well-known bar and restaurant - Willy T's Tavern & Grill ○ Event and activity center, and a newly built indoor waterpark ○ 26-unit RV park and additional development land SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 EDWARD RUPP edward.rupp@svn.com 952.820.1634 EMILIA MOLLE emilia.molle@svn.com 952.820.1618
  • 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 Size Price/SF $1,015,000 4,147 SF INDUSTRIAL | 1141 W MISSISSIPPI AVENUE | DENVER, CO ○ Free standing industrial warehouse with a barrel roof structure ○ Great central location and proximity to S. Santa Fe Drive and I-25 ○ Wide open warehouse space with a small office buildout ○ Zoned industrial mixed use in Denver ○ 1031 Exchange buyer $245 SVN | Denver Commercial OXANA EREMIANTS oxana.eremiants@svn.com 720.464.2336
  • 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 Lease Value Lease Terms Size $1,094,096 5 years OFFICE | 1016 CLEMONS STREET | JUPITER, FL ○ 5,200 SF penthouse lease with Save Our Musicians Foundation ○ Views of the Atlantic Ocean, Intracoastal, Jupiter Inlet, Jupiter Lighthouse, and Jupiter Island ○ Bidding war which led to the winning tenant prepaying 3 years rent at lease signing 5,232 SF SVN | Waterfront Commercial Realty ROBERT HAMMAN robert.hamman@svn.com 561.346.2310
  • 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 Sale Price Size Price/SF $1,250,000 6,878 SF RETAIL | 720 E NORTH AVENUE | CAROL STREAM, IL ○ +/-6,878 SF freestanding restaurant on 0.76 AC ○ $300,000 over asking price due to competing offers ○ Property to be redeveloped as a cannabis dispensary ○ Exposure on North Avenue with extra deeded parking $182 SVN | Chicago Commercial KAREN KULCZYCKI, CCIM kkulczycki@svn.com 312.602.5346 SCOTT REINISH sreinish@svn.com 312.667.4609
  • 9. 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 $1,275,000 50,000 SF INDUSTRIAL | 355 COUNTY ROAD 142 | ALVIN, TX ○ Acquisition cost of $27.56 per foot, significantly lower than market sales comps ○ Proforma cap rate of 13%+ ○ Strong submarket with vacancy rates under 4% ○ Multiple exit options, including holding for lease, or making improvements and sale to owner/user $26 13%+ SVN | Trinity Advisors STEVE FITHIAN, CCIM, CPM, CPA steve.fithian@svn.com 817.288.5524 TRINITY (TRENT) HERRERA trinity. herrera@svn.com 682.704.8789
  • 10. 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 $1,385,000 15,000 SF INDUSTRIAL | 435-439 W WISE ROAD | SCHAUMBURG, IL ○ Under contract shortly after listing ○ Major suburb of Chicago ○ Repeat client ○ Multi-tenant investment property $92 SVN | Chicago Commercial OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 8.7%
  • 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 Transaction Highlights Sale Price Size Price/SF Cap $1,550,000 3,200 SF RETAIL | 3320 W DEVON AVENUE | LINCOLNWOOD, IL ○ All cash offer ○ 13 days from contract to close ○ Absolute NNN lease structure ○ Tenant with 40+ units, has a well-established operating history at this location ○ In 2021, due to Covid, the rental rate was renegotiated and the term was extended SVN | Chicago Commercial ADAM NAPP, CCIM adam.napp@svn.com 312.789.4864 $484 6.72%
  • 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 Transaction Highlights Sale Price Size Price/Acre $1,636,000 4.55 acres SELF STORAGE | 3671 CORAL RIDGE ROAD | BROOKS, KY ○ Suffered extensive flood damage shortly after listing ○ We helped them negotiate terms for repairs for new owners ○ Extremely satisfied buyer and seller $359,560 SVN | Menish Commercial Real Estate BILL MENISH bill.menish@svn.com 502.939.0399
  • 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 Transaction Highlights Sale Price Size Price/SF Cap $1,845,455 10,500 SF RETAIL | 98 JOHNSON ROAD | LONDON, KY ○ Brand new Family Dollar - Dollar Tree combo store with 10 year lease ○ Property went under contract prior to completion of construction and rent commencement ○ Buyer, seller, and brokers worked together to overcome many obstacles including rising interest rates and potential eminent domain of the property $176 SVN | Stone Commercial Real Estate NATHAN DILLY nathan.dilly@svn.com 859.420.5492 6.6%
  • 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 Transaction Highlights Sale Price No. of Units Price/Unit Cap $1,966,500 35 units MULTIFAMILY | 35-UNIT MULTIFAMILY PORTFOLIO | AKRON, OH ○ 13 property, 35-unit portfolio located within 3-mile radius ○ 93% leased at PSA & 100% leased at closing ○ Almost all units updated/renovated & very well maintained portfolio ○ Rents 15-30% under market provided great rent upside for the buyer ○ Out of state buyer which SVN will now work with to purchase additional assets $56,186 8.5% SVN | Summit Commercial Real Estate Advisors NICHOLE BOOKER, PhD nichole.booker@svn.com 330.475.5500 AARON DAVIS aaron.davis@svn.com 330.221.7297
  • 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 Transaction Highlights Sale Price Size Price/SF Cap $2,050,000 40,000 SF SELF STORAGE | 2540 S GRAND TRAVERSE STREET | FLINT, MI ○ 4 storage buildings totaling 198 units ○ 3 warehouse building & a 2-story office building ○ 40,000 SF total ○ Lender delays caused 4 extensions $51 8.5% SVN | Commercial Advisory Group SVN | Wilson Commercial Group, LLC KRISTEN ASMAN kristen.wilson@svn.com 614.370.9077 SVN | Ascension Commercial Realty DOUG WRIGHT, CCIM doug.wright@svn.com 419.540.8888 MARY O’MALLEY, CCIM mary.omalley@svn.com 941.960.6342
  • 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 Transaction Highlights Lease Value Lease Terms Size $2,055,969 10 years OFFICE | 9400 SW BEAVERTON HILLSDALE-HIGHWAY | PORTLAND, OR ○ Over 12k SF of office space in highly visible and well-trafficked location ○ 10-year lease deal valued at over $2M 12,003 SF SVN | Bluestone STACY LOONEY stacy.looney@svn.com 503.459.4387
  • 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 Transaction Highlights Sale Price Size Price/SF $2,650,000 9,589 SF RETAIL | 868 N FRANKLIN STREET | CHICAGO, IL ○ 9,589 SF 2nd generation restaurant building in Chicago's River North area ○ SBA financing lead to a very long and protracted contract period $276 SVN | Chicago Commercial WAYNE CAPLAN wayne.caplan@svn.com 312.529.5791 MICHAEL ELAM michael.elam@svn.com 312.756.7331 MARCUS COOK marcus.cook@svn.com 224.522.1344
  • 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 Transaction Highlights Sale Price Size Price/Acre $33,000,000 30 acres MARINA | 404 RIBERIA ST. | ST. AUGUSTINE, FL ○ State of the art marine property ○ Well capitalized to support 3 diversified income streams ○ Consistent growth and strong cash flow ○ A portion of the property is leased (NNN) exclusively to U.S. Customs and Border Patrol and used as their primary national training facility ○ Multiple expansion possibilities that include a restaurant, dry storage and the already permitted 2,000 LF dock expansion ○ Visit www.SVNMarinas.com for more information $1,100,000 SVN | Safe Haven Advisors DAVID KENDALL david.kendall@svn.com 561.723.8463 MIKE HOWELL mike.howell@svn.com 508.691.6050
  • 21. 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/Acre SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,000,000 $60,000 4 acres ○ 4.0 acre land assemblage ○ High profile corner lot located in the heart of the "lakes area" ○ Potential for commercial uses or mixed-use development SVN | Cohn Commercial Properties JACOB ROSBERG jacob.rosberg@svn.com 248.880.7191 LAND | 5815 COMMERCE ROAD | WEST BLOOMFIELD, MI $500,000
  • 22. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,400,000 $48,000 3,100 SF ○ Top-grossing Hartz Chicken that combines both business value and prime real estate ○ 3,100 SF freestanding building with convenient drive-thru ○ Situated in an HEB Outparcel, this strategic location places you at the heart of a bustling retail district along Southline St, ensuring high visibility and foot traffic SVN | J. Beard Real Estae - Greater Houston JACKSON CAIN jackson.cain@svn.com 832.797.8848 RESTAURANT | 417 TX 105 | CLEVELAND, TX $774
  • 23. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,406,273 $48,125 14,060 SF ○ Single tenant, absolute bondable 30 year net lease structure removes landlord property management responsibilities and risks ○ Underlying asset value if ever vacant remains and grows independent of tenancy/lease, unlike any other CRE asset investment ○ Investment grade tenant credit rating is far superior to the credit profile of individual residential renters ○ Buyer gets faster residential vs. commercial depreciation SVN | Angelic GABRIEL SILVERSTEIN, SIOR gabriel.silverstein@svn.com 512.953.3320 LUCY COLLINS lucy.collins@svn.com 317.503.8026 ABSOLUTE NNN LEASED | 5 PROPERTY PORTFOLIO | ATLANTA, GA MSA $171 5.5%
  • 24. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $5,263,708 $105,274 27,255 SF ○ Single tenant, absolute bondable 30 year net lease structure removes landlord property management responsibilities and risks ○ Underlying asset value if ever vacant remains and grows independent of tenancy/lease, unlike any other CRE asset investment ○ Investment grade tenant credit rating is far superior to the credit profile of individual residential renters ○ Buyer gets faster residential vs. commercial depreciation SVN | Angelic GABRIEL SILVERSTEIN, SIOR gabriel.silverstein@svn.com 512.953.3320 LUCY COLLINS lucy.collins@svn.com 317.503.8026 ABSOLUTE NNN LEASED | 19 PROPERTY PORTFOLIO | BIRMINGHAM, AL MSA $193 6.2%
  • 25. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,470,320 $61,758 41,178 SF ○ Recession-resistant tenant and stable cash flow ○ Fully occupied by single tenant, fresh 7 year lease signed in 2023 ○ 100+ unit store count and rapidly expanding ○ Several surrounding retailers in top tier system wide according to Placer.Ai ○ Taco Bell (405 / 6203 nationwide), Gatti's (11 / 42 nationwide), Dollar General (4,302 / 16,509 nationwide) ○ +/- 18,000 VPD RETAIL | 1309 EAST BROADWAY | CAMPBELLSVILLE, KY SVN | Stone Commercial Real Estate WESTON LOCKHART weston.lockhart@svn.com 859.317.3538 7.5% $60
  • 26. 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/Acre Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $3,050,000 $61,000 1.256 acres ○ 2 adjoining parcels ○ NNN land leases ○ Long term strong tenants ○ Fifth Third Bank and Pizza Hut Franchise ○ Neighbors include Costco, Lowe's, Walmart, Target, Kroger, and Walgreens plus numerous other national brands RETAIL | 3601 & 3603 BUECHEL BYPASS | LOUISVILLE, KY SVN | Menish Commercial Real Estate RON PREGLIASCO ron.pregliasco@svn.com 502.419.8186 5.12% $2,428,344
  • 27. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $5,500,000 $165,000 24,000 SF ○ 85% leased value ○ Add MTM leases ○ High growth area ○ Asking $229/SF SVN | Creviston Realty JAKE CREVISTON j.creviston@svn.com 770.557.5206 RETAIL | 3658 & 3622 SHALLOWFORD ROAD | DORAVILLE, GA $229
  • 28. 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/Acre SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $6,900,000 $138,000 5.29 acres ○ Rare development opportunity ○ West Salem Urban Renewal District ○ Strong demographics SVN | Commercial Advisors, LLC CURT ARTHUR, SIOR curt.arthur@svn.com 503.588.0400 NICK WILLIAMS nick.williams@svn.com 503.588.0400 LAND | 740 BASSETT STREET NW | SALEM, OR $1,304,248
  • 29. 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/Acre SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $7,800,000 $234,000 16.5 acres ○ Proposed Project of 435 Apartment Units ○ Excellent views of Watson Lake ○ Located in a highly sought-after area with highway frontage along Hwy 89 ○ Prime location within the planned community of Prescott Lakes Golf Course & amenities ○ Area experiencing rapid growth, boasting mix of retail, office & commercial uses ○ Seller open to JV options SVN | Desert Commercial Advisors CARRICK SEARS carrick.sears@svn.com 480.425.5529 LAND | 2100 N STATE ROUTE 89 | PRESCOTT, AZ $472,727
  • 30. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $9,900,000 $148,500 44 units ○ Visit www.SFRhub.com and search for portfolio 101322 for more information ○ Forty-Four (44) new construction Build-for-Rent duplex homes ○ Twenty-two single-story duplex buildings with high quality durable finishes ○ All homes are 3 bedroom and 2 bathroom homes with two car attached garages ○ Every home has an open floorplan consisting of 1250/sf SVN | SFRhub Advisors MICHAEL FINCH michael.finch@svn.com 480.797.9825 TOM JOHNSTON tom.johnston@svn.com 602.825.1780 BFR PORTFOLIO | 44 HOME BFR INVESTMENT PORTFOLIO | OKLAHOMA CITY, OK 5.91% $225,000 SVN | OAK Realty Advisors BILL BUCHANAN bb@svn.com 918.951.7376
  • 31. 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 SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $19,750,000 $296,250 170,136 SF ○ Portfolio of three mission critical Healthcare properties ○ Two location is Spokane, WA and one location in Chehalis, WA ○ Seller to sign ten year leases with specific terms to be determined ○ Minimal landlord responsibilities ○ Each site runs at full capacity and has a waiting list ○ The drug and alcohol rehab industry is expected to grow from $5.1 billion in 2022 to $10.99 Billion by 2030 SVN | Cornerstone MATTHEW BYRD matt.byrd@svn.com 509.499.9229 NATE GANT nate.gant@svn.com 503.993.4440 HEALTHCARE | 12715 E MISSION AVE, 44 E COZZA DRIVE, 500 SE WASHINGTON AVE | SPOKANE, WA & CHEHALIS, WA $116 7.49%
  • 33. 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.