svn live 11-21-2016
TRANSCRIPT
© 2016 SVN International Corp.
NOVEMBER 21, 2016
WEEKLY PROPERTY BROADCAST
PRESENTERS
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© 2016 SVN International Corp.
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© 2016 SVN International Corp.
SAN FRANCISCODECEMBER 6-9TH
SVN|Jumpstart is designed to provide SVN franchisees and their Advisors with the information they need to utilize the tools, systems, and research available to their advantage. These courses are available both online and in person.
Registration information can be found on the SVN Dashboard (my.svn.com)and on the web -http://info.svn.com/jumpstart.
Space is limited, so REGISTER today!
NOTE: Completion of the SVN System for Growth "SVN | Jumpstart® Prerequisite" courses is required.
SVN | JUMPSTART
www.svn.com
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© 2016 SVN International Corp.
TAMPA, FLFEBRUARY 8-10, 2017
We are excited to see you in Tampa, but if you don’t register, you can’t go!
Register today for the 2017 Annual Conference and take advantage of the
Early Bird Pricing which is available until December 31st.
Registration is available through the weekly SVN Events email, the Conference Registration reminder
email and on the Dashboard (my.svn.com).
SVN ANNUALCONFERENCE
www.svn.com
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© 2016 SVN International Corp.
ECONOMICTALKINGPOINTS
• Job growth remains steady, positive, but still a bit lacking
• REIS reports continued, but slowing improvement in the apartment sector for 3Q16
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© 2016 SVN International Corp.
NOVEMBER 21-25, 2016
Happy Thanksgiving!
EVENTS & WEBINARS
© 2016 SVN International Corp.
RECENTLY CLOSEDDEALS
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
NEIL JOHNSON
SVN | Landmark Commercial Real Estate
JOEL MILLER, CCIM
4060 E Main St.ST CHARLES, IL
LAND
4 Acres
8.58
• Four acre lot between Hilton Garden Inn & Fox Valley Volkswagon
• Sold to Silverado Memory Care Community
• Contract to close in less than 5 months
• Three lots remain from 1.42 acres to 7.0 acres
• SVN represented seller
630.938.4950
630.938.4950
1,494,594
N/A
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
PETER COLVIN
SVN | Silveri Company
NNN Leased Macaroni GrillHOFFMAN ESTATES, IL
RETAIL
295.00
• Listed by SVN Colvin Team
• Co-listed with SVN Chicago Team
• Sold by Robin Santiago, SVN Kase Group
• California 1031 Buyer
616.893.1398
2,500,000
7.08%
8,458 SF
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
DON ELLWANGER
SVN | Don Ellwanger
1600 W El CaminoSACRAMENTO, CA
RETAIL
570.94
• 60 Year lease/ 25 years minimum
• 7 years from start to finish due to moratorium
• Construction costs increased approx. $1 million
• 5 lenders denied our construction/ permanent financing loan – a lender finally stepped up after we obtained an independent appraisal
916.456.8389
8,575,000
BRE#01008217
15,019 SF
N/A
© 2016 SVN International Corp.
NEW INVENTORY
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© 2016 SVN International Corp.
NEW INVENTORY$29,010,000
BUY-SIDE COMMISSION$765,150
NEW INVENTORY FINANCIAL SUMMARY
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• 6,376 SF multi-tenant retail property; 2015 construction
• Located in highly desirable, affluent Chicago suburb of Northfield (AHI>$200,000)
• Existing Dunkin Donuts endcap with drive-thru; new 10 year lease
• 51% leases, incredible upside potential—8.13% pro forma cap rate
• On morning side of major east-west thoroughfare, near local, regional and national retail activity
• Parking: 4.4/1000
6,376 SF
2,475,000
49,500
CHARLES GIBBS
SVN | Chicago Commercial
WAYNE CAPLAN
312.756.7332
312.529.5791
1900 Willow RoadNORTHFIELD, IL
RETAIL
N/A
388.17
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• 53,173 RSF two building medical office complex
• Fantastic location and visibility on Higgins Rd. in Suburban Chicago’s northwest corridor
• Conveniently located near all major highways
• Many recent capital improvements (2015)
• Approx. 54% occupied
• Vacant spaces have medical/dental infrastructure
• In-place NOI of approx. $103,549
• Priced at $51.71/SF- well below replacement cost
53,173 SF
2,750,000
55,000
SVN | Chicago Commercial
WAYNE [email protected]
312.529.5791
990-1000 Grand Canyon PkwyHOFFMAN ESTATES, IL
MEDICAL
51.71
N/A
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Investor/User Opportunity
• Ceiling heights up to 42 feet
• 8 truck walls
• UPS- 2 backup generators
• 500 tons A/C
• 3000 amps
• Security, alarm and fire system
• 30 minutes to Detroit, MI
• Direct shot into OH, IN and IL
77,851 SF
5,290,000
105,800
SVN | Hamm & Company
DAN STEWART, [email protected]
734.662.5097
Warehouse & DistributionANN ARBOR, MI
INDUSTRIAL
DELIVERED VACANT
ROBERT [email protected]
212.866.5858
67.95
CODY [email protected]
734.846.9212
SVN | Stewart Commercial Group, LLC
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Northwest Minneapolis location
• On Interstate 35W, with 111,000 VPD (MNDot)
• Active and aggressive development in the area
• Demographics: Population of 422,000+ within 5 miles of site
• Incredible visibility via Interstate 35W
• Popular area retail center directly across freeway
• Less than 2 miles from downtown Minneapolis and the University of Minnesota
5.32 Acres
5,500,000
165,000
SVN | Northco Real Estate Services
FRANK JERMUSEK
952.820.1615
1300 New Brighton BlvdMINNEAPOLIS, MN
LAND
N/A
CAMERON PETERSON
952.820.1688
CHRIS KUBESH
952.820.1668
DUSTIN [email protected]
952.820.1618
N/A
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Town center/ Multi-family development opportunity
• Frontage and direct access from US Route 50/301
• 76,000+ daily vehicle count
• Urban commercial zoning allows wide range of uses
• Local government offers multiple tax incentives to developers
• Owner will consider financing28 Acres
4,500,000
135,000
SVN | JC Dawson Global Real Estate
JERRY [email protected]
301.710.0643
US RT 50 & Exit 43BGRASONVILLE, MD
LAND
N/A
JOHN FRIEL
301.710.0643
$3.68
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
BRAD [email protected]
CHET [email protected]
• 25 Acres of retail and residential development ground in Clinton, UT
• Located 25 miles north of Salt Lake City, UT• Rapidly growing community with infill retail being developed
nearby• Can be developed into anchored retail or residential
development with retail pads along the State Road 102• An additional 12 acres can be acquired adjacent to the
property, totaling 37 acres with 2,000 linear feet of frontage
2657 North 2000 WestCLINTON, UT
LAND
25 Acres
7.80
N/A
8,495,000
254,850
801.783.2145
801.783.2064
SVN | Alta Commercial
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© 2016 SVN International Corp.
THANK YOU FOR JOININGUS FOR TODAY’S
THANK YOU
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WEEKLY PROPERTY BROADCAST