This document provides a SWOT analysis for a commercial property located at 13300 Midlothian Tnpk in Midlothian, VA. The property's strengths include its excellent traffic volume, visibility, and zoning that allows for virtually any retail use. Weaknesses are difficulties accessing eastbound traffic and limited expansion options. Opportunities exist to attract a new convenience store or inline retailers. Threats include potential new traffic signals that could impact access. The analysis recommends marketing the property aggressively to retailers, brokers, and nearby businesses to attract a replacement for the previous 7-Eleven tenant.
Placemat - exercises in power point style #5timiti
This PowerPoint deck is part of a collection. PowerPoint can accommodate many different communication styles. Each deck in this collection models a different style. Some models focus on visual display, others strictly on organizing information.
This collection is inspired by Exercises In Style, the classic book by Raymond Queneau. In Exercise In Style, Queneau retells the same very simple story 99 times in 99 different styles.
This deck uses the "Placemat" style, intended to be printed out and used as a resource during an in-person conversation.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of it's new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Placemat - exercises in power point style #5timiti
This PowerPoint deck is part of a collection. PowerPoint can accommodate many different communication styles. Each deck in this collection models a different style. Some models focus on visual display, others strictly on organizing information.
This collection is inspired by Exercises In Style, the classic book by Raymond Queneau. In Exercise In Style, Queneau retells the same very simple story 99 times in 99 different styles.
This deck uses the "Placemat" style, intended to be printed out and used as a resource during an in-person conversation.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of it's new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness #CRE Monday National Sales Meeting September 24, 2012SVN International Corp.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their National sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national 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.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Rochester, NH State of the City 2012 held on Tuesday, March 13, 2012 featuring the city's perspective on future commercial and industrial developments.
Ted C. Jones, PhD, chief economist with Stewart Title Guaranty Company, delivered this Economic Outlook presentation at CCIM Thrive on Oct. 28, 2015, at the Hyatt Regency Austin. Visit CCIM.com to learn more.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness #CRE Monday National Sales Meeting September 24, 2012SVN International Corp.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Sperry Van Ness shares a portion of its new weekly listings via their National sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national 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.
Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Email info@svn.com if you would like to attend our weekly call which we open up to the brokerage community.
Rochester, NH State of the City 2012 held on Tuesday, March 13, 2012 featuring the city's perspective on future commercial and industrial developments.
Ted C. Jones, PhD, chief economist with Stewart Title Guaranty Company, delivered this Economic Outlook presentation at CCIM Thrive on Oct. 28, 2015, at the Hyatt Regency Austin. Visit CCIM.com to learn more.
What are the top five mistakes property owners and representatives make in eminent domain situations? How do they affect a property’s marketability? Three members of the Appraisal Institute discuss what happens when private property is taken for public use through eminent domain. Learn the most significant impact on marketability, construction and tax implications, logistical considerations, and much more.
Geographic information systems and location analytics change how we think and act. It alters what we measure, how we analyze things, and what predictions we make. It changes how we plan, design, evaluate, and ultimately manage our projects. GIS has scaled and is moving beyond projects or single systems to embrace organizational missions and become a pervasive force of change. But is this reality possible? GIS is the next GPS where our businesses, communities, and society can chart new directions. Discover how the mix of art, science, action, ideas, and collaboration turn this powerful notion into outcomes.
Learn the best bets for finding commercial real estate financing in the current economic climate from top banking executives. Find out what historical trends can aid lending decisions and how trends in job growth, rail traffic, housing, and commercial real estate fundamentals impact banks and other lenders. Also learn how finance issues such as CMBS, cap rates, lending trends, and mortgage delinquencies affect the commercial real estate market.
Learn how to design investment analysis presentations that are easy to understand and will motivate clients to make investment decisions. Participate in hands-on demonstrations of how to use CCIM technology tools for different investment analysis output levels.
Commercial Real Estate Market Cycles: How They Affect Your Local MarketCCIM Institute
Learn how to analyze your local market and compare it to tenants and investors in other markets. With his 35 years of commercial real estate research expertise, Dr. Mueller analyzes supply/demand factors for the five major property types and how they affect occupancies and rents in 55 U.S. markets. Gain a deeper understanding of commercial real estate fundamentals and learn how to turn market cycle information into useable knowledge for decision making.
You Created a LinkedIn Account. Now What? - CCIM Live! SessionCCIM Institute
There is a lot more to LinkedIn than just accepting friends and colleagues as connections. This session explains the "ins and outs" of using LinkedIn professionally. Mark will make you more comfortable utilizing LinkedIn and share with you how he effectively uses it in just 15 minutes a day both as an informative and productive tool. You will also learn about the unwritten LinkedIn rules of etiquette so you don’t potentially offend your clients and referral sources.
You Created a LinkedIn Account. Now What? - CCIM Live! Session
Tucker placemat
1. S.W.O.T. ANALYSIS
13300 Midlothian Tnpk, Midlothian, VA
STRENGTHS: WEAKNESSES:
• Excellent demographic profile supporting successful convenience retail operation
• Eastbound traffic access difficult
• 41,000 ADT traffic & on the “going-home” side of traffic
• Midlothian Village restrictions on signage
• Center of Midlothian Village retail activity
• Small parcel size with no expansion ability
• Corner location with two access drives onto site
• Building was “gutted” by 7-Eleven when they left
• High-visibility to both directions of traffic
• Condition of mechanical is unknown
• Excellent parking ratio for short term customers
• Retail market is still in recovery
• C-3 Zoning permits virtually any type of retail operation
• Owner will lease or sell property and consider hybrid transaction formats
• All public utilities are connected to property permitting immediate use by new occupant.
OPPORTUNITIES: THREATS:
• Replace 7-Eleven with another convenience store operator • Potential for new traffic signal at newer 7-Eleven to the west
• Solicit inline retailers seeking better visibility for operations • Title conditions relating to shared drive access and common parking behind building
• Mt. Pisgah Methodist Church possible buyer or seller of adjacent parcel • Potential traffic restrictions on Eastbound traffic access and egress
• Excellent sign visibility for prospects • Competing rents in area because of high vacancies
• Good Subway, Jersey Mike’s or Firehouse Subs location • Growth of retail in Westchester and west of site
EXCLUSIVELY PREPARED BY:
804.396.4050
6802 Paragon Place, Suite 410
Richmond, VA 23230
Jim Tucker, CCIM www.NetWorksCRE.com
Principal Broker/Strategist
2. 13300 Midlothian Tnpk, Midlothian, VA
Exit Strategy Recommendations
Property Information: Comparable Lease & Sales Offerings: Marketing Strategy Recommendation:
• 0.461 acres 1060 Eastridge Road • Market first to local and expanding C-store operations
• 2,640 SF GLA frame bldg Richmond, VA 23229 • Proactively market to retail CRE brokers (50% fee)
•“Midlothian Village” • 2,400 sf, for lease • Proactively market to residential agents (50% fee)
• Chesterfield County • For Lease @ $18.00 psf • Proactively market to immediate area retail (inline tenants)
• Zoned C-3 Retail • Co-tenancy in 4,864 sf • Eblast to proprietary database
• CCIM Mailbridge blast + CCIM Deal Making Call
•“Featured Property” on www.NetWorksCRE.com
• Put on LoopNet and on CoStar databases
• All municipal utilities
• 41,000 ADT + “going-home” side
• Excellent access & egress Quioccasin Square Center
• 5.3:1 parking ratio (14 spaces) 9025 Quioccasin
Marketing Materials Recommendation:
• Hard corner location Richmond, VA 23229
•Outstanding visibility to traffic • For Lease @ $20.00 psf • Full Offering Memorandum (“OM”) print & digital
• 670 – 1,880 SF avail. • For Sale or Lease sign (double facing)
• Property website @ http://www.networkscre.com/7eleven.html
Immediate Vicinity Information: • Executive Summary property flyer
• Demographic profile + Tapestry Report
• Adjacent to Food Lion center
• Multiple fast food adjacent
Marketing Team Assigned:
Former 7-Eleven Store
• Across from Midlo Middle Sch 9911 Three Chopt Road
• New retail in area Richmond, VA 23229 • As Virginia Licensee, coordinate all marketing
• Banks & other convenience • Price: $645,000 ($240.22/SF) • Pro-active promotion of brokerage cooperation
• New Family Fitness • 2,685 sf building • Direct calls to prospects and brokers
• 0.70 acres of land • Conduct all property inspections
• Responsible for due diligence package assembly
• Weekly & Monthly written reports to Owners
Pricing Conclusion:
Jim Tucker, CCIM
Current Market Information: Adjustments were made reflecting some inferior site characteristics
for the subject and inferior location characteristics in all locations. Fees & Commissions:
Further adjustments made for lack of market transaction activity and
• Retail market in Richmond is in “recovery” with rents still unstable Owner’s rent and price preferences. • Six (6%) commission paid at sale
• Competing vacant space in immediate area PRICE: $750,000 • All marketing costs borne by broker
• Demographics are “Suburban Splendor” wealthy PRICE/SF: $284.09 • 50% of commission paid to buyer’s broker
• Frontage parcels are scarce in immediate area LEASE RATE: $4,500/MO ($20.45/SF) • All negotiations through Tucker
• Financing is available for owner/occupant here • Owner reserves right to reject any & all offers
• $110,000 Av Household Income (3-mile radius OCCUPANCY: February, 2011 • Due diligence limited to 60 days, 30-day close
EXCLUSIVELY PREPARED BY:
804.396.4050
6802 Paragon Place, Suite 410
Richmond, VA 23230
Jim Tucker, CCIM www.NetWorksCRE.com
Principal Broker/Strategist