svn live™ open sales call 8-15-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Call
Date: August 15, 2016
Presenters:
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Please remember to hit *6 to unmute your line just before your presentation.
Upon conclusion, please hit *6 to mute your line.
*For qualified transactions, 50% of the gross
commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
August 17-18, 2016 | Minneapolis, MNCOST = $279
Join your colleagues from around the SVN network to learn new ways to manage your office and build your SVN franchise. This year brings a new
keynote speaker and all new content with on optional Golf Day on the 19th.
Topics include gaining a better understanding of what is going on inside your Advisors’ minds, growing enterprise value, solidifying your exit strategy, and
hearing The SVN Difference presented like you’ve never heard it before.
Register Now
Economic Talking Points
Census Bureau quantifies the slow maturation of Millennials
Self-storage growing due to residential growth
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• 26 restaurants (including Business) sold
• Seafood distribution company sold
• Included 11 restaurant leases
• Included 1 warehouse lease
• Included 1 office lease
• Across 4 states
• Assisted in the company’s real estate
expansion for the past 6 years leading up
to the sale
• Private company sold to Equity Fund
• Confidential sales price
Just Closed
Retail
956 Commerce Loop | Gulf Shores, AL (headquarters)
Michael Carro, CCIM | 850.380.3344 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• Planned PAD redevelopment
• Strong national tenant in place
• 8 months from open to close
• Seller looking for 1031 exchange
opportunities
$1,550,000 | Just Closed
Office
1305 S. Alma School Rd | Mesa, AZ
Paul Borgesen III | 480.425.5516 | [email protected]
Justin Horwitz | 480.425.5518 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• 60 unit building
• Our 4th Rockford Multifamily
Closing since last March
• Multiple hurdles at closing
• Off market transaction
• SVN Chicago represented the
buyer and the seller
$1,700,000 | Just Closed
Multifamily
929-935 N. Main Street | Rockford, IL
Reid Bennett, CCIM | 312.960.6762 | [email protected]
Cody Doran | 312.960.6766 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• 75 unit SRO
• Sold to a developer
• Gut rehab for upscale micro units
• 10% of units will be affordable
$2,050,000 | Just Closed
Multifamily
851 W. Montrose Avenue | Chicago, IL
Dawn Overstreet, Ph.D | 312.756.7335 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• Buyer out of Norway in a 1031 – sold a
resort in Keystone to buy the subject
property
• Buyer’s loan blew up at the last minute
– SVN referred to a lender who funded
the loan in the last 10 days of Escrow
• 8 years left on the NN lease
• Irreplaceable core location just west of
downtown Denver
• 5.5% cap rate – record for a mattress
firm in Colorado$2,400,000 | Just Closed
Retail
3024 & 3030 Speer Blvd | Denver, CO
Kevin Matthews | 303.974.5893 | [email protected]
Troy Meyer | 303.974.5737 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• Medical office building
• 6 year sale – leaseback with
primary tenant
• 7.45% cap rate – $278 / SF
• Upscale area of Forth Worth
• Buyer was a repeat 1031 client
$3,199,000 | Just Closed
Office
7801 Oakmont | Fort Worth, TX
Wes Hallmark, CCIM, SIOR | 806.797.2190 x 202 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• Project: Bell Aire Villas
• Size: 92 units (built in 1984)
• Occupancy: 98%
• Cap rate: 6%
• Cash-on-Cash: 6.5%
• Buyer: Japanese public company
through our Tokyo partner
$6,200,000 | Just Closed
Multifamily
2700 Rock Island | Dallas, TX (Irving)
Bruce Marshall | 214.261.6306 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Transaction Highlights:
• Size: 69,335 SF (built in 2001)
• Occupancy: 96%
• Cash-on-Cash 10.07%
• 5 & 10 Yr. IRRs: 29.8% & 21.4%
• 5 Chinese trusts as buyer
• Original list price $12,000,000
• Took 1 year to put deal together
$9,500,000 | Just Closed
Office
1450 Hughes | Dallas, TX (Grapevine)
Bruce Marshall | 214.261.6306 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
New Inventory:$36,270,667
Buy-Side Commission:$1,400,141
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Offering Highlights:
• Re-development or owner-user
opportunity
• Located on Clark Street in heart of
Andersonville neighborhood
• 12,300 SF building on 9,150 SF site
• Current zoning allows 7,660
additional SF to be built
• Commercial bakery infrastructure in
place with 3 apartments upstairsSubject to offer | For Sale
2.5% | Buy Side Fee
Retail
Chicago Redevelopment Opportunity | Chicago, IL
Charles R. Gibbs, Jr. | 312.756.7332 | [email protected]
Wayne Caplan | 312.529.5791 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• ± .5 mile from the I-85 & Chesnee
Hwy intersection
• ±1,760 feet of frontage on Jones Rd
• Visible from I-85 North toward
Charlotte
$1,100,000 | For Sale
$60,500 | Buy Side Fee
Land
Jones Rd - Lot A | Spartanburg, SC
Stephen Ahnrud | 404.272.0054 | [email protected]
Donald Mercer | 864.501.8376 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• ± 2.5 miles from Hwy 85
• ± 4 miles from BMW manufacturing
facility
• ± 650 feet of frontage on Hwy-101 S
• ± 7 miles from Greenville-Spartanburg
Airport
• ± 18 miles from downtown Greenville
• ± 3 miles from Tiger River baseball
complex$1,950,000 | For Sale
$117,000 | Buy Side Fee
Land
2598 Highway 101 S | Greer, SC
Stephen Ahnrud | 404.272.0054 | [email protected]
Donald Mercer | 864.501.8376 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• Just off I-85 at the Boiling Springs
Rd & I-85 intersection
• Around the corner from Quick Trip,
CVS, Zaxby's, Cookout, Copper River
Grill, and the post office
• Visible from I-85 southbound
• ± 100 feet of frontage on Fairview
Church Rd$1,950,000 | For Sale
$117,000 | Buy Side Fee
Land
Fairview Church Rd | Spartanburg, SC
Stephen Ahnrud | 404.272.0054 | [email protected]
Donald Mercer | 864.501.8376 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• Drive thru restaurant
• Prime retail area
• I-10 & Hwy 49
• 65,000 AADT (vehicles per day)
• 2990 SF
$1,190,000 | For Sale
$23,800 | Buy Side Fee
Retail
9410 Hwy 49 | Gulfport, MS
Michael Carro, CCIM | 850.380.3344 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• 20 years remaining on lease
• 1.5% rent increases every year
• Absolute net lease
• Built in 2016
$2,466,667 | For Sale
$24,666 | Buy Side Fee
Retail
3102 Godwin Lane | Pensacola, FL
Michael Carro, CCIM | 850.380.3344 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• $100,000 price reduction
• 9.7% cap rate! Motivated charity seller
• Fastest growing county in Michigan
• Top 10 metro and 25 miles SW of Grand Rapids, Michigan’s 2nd largest metro
• Absolute NNN lease
• 22 year initial term; 4 years remaining; four 10 year extension options
• Busy corner with 5 x 3 lane signalized intersection and approximate 30k VPD
• High traffic area with major national retail
• Zero cash flow assumable loan in place
• Free standing 11k SF corporate prototype with drive-thru
$2,399,000 | For Sale
$59,975 | Buy Side Fee
Retail
Rite Aid-973 S Washington | Holland, MI
Victor S. Voinovich Sr. | 888.236.1435 | [email protected]
David De Maagd | 616.399.3955 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
Area Overview
• Located along Lake Superior and Brule River
• 15 miles east of Grand Marais, MN
• Near state parks & Superior National Forest
Resort Overview
• Situated on 13.47 acres
• Beautiful main lodge with over 16,000 SF
• 24 rooms within the lodge
• Full service restaurant & banquet spaces
• Minnesota’s largest stone fireplace
• Serving guests such as Babe Ruth & Jack Dempsey for over 100 years
$3,295,000 | For Sale
$98,850 | Buy Side Fee
Golf & Resort
Naniboujou Lodge | Grand Marais, MN
Frank Jermusek | 952.820.1615 | [email protected]
Cameron Peterson | 952.820.1688 | [email protected]
Chris Kubesh | 952.820.1668 | [email protected]
David Anderson | 952.820.1633 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
Area Overview
• Located directly off Highway 494
• Intersection of Dodd Rd. & Vikings Pkwy
• Eagan is a thriving suburb of Minneapolis/St. Paul
Land Overview
• 5.07 acres of prime land development
• Opportunity for hotel, office, retail or mixed-use
• Located on the true “hard corner”
• Front entrance to new 195 acre MN Vikings facility
• Construction on the facility is officially underway
$4,995,000 | For Sale
$149,850 | Buy Side Fee
Land
Development Land | Eagan, MN
Frank Jermusek | 952.820.1615 | [email protected]
Cameron Peterson | 952.820.1688 | [email protected]
Chris Kubesh | 952.820.1668 | [email protected]
David Anderson | 952.820.1633 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• Marta
• Average daily traffic count
15,600
• Good street visibility
• Pedestrian traffic is heavy
$4,200,000 | For Sale
$294,000 | Buy Side Fee
Retail
832-836-840-844-852 Ralph D Abernathy Blvd | Atlanta, GA
Brian Bell | 404.666.1985 | [email protected]
Jake Creviston | 770.992.5112 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• Modern office building 100% leased to
the Commonwealth of Kentucky
• Approximately 38,000 SF
• Located in prestigious Prevention Park
- only modern office park in state
capitol
• State of the art high quality
construction
• Redundant Power$4,750,000 | For Sale
$237,500 | Buy Side Fee
Office
669 Chamberlin Avenue | Frankfort, KY
Ron Pregliasco | 502.419.8186 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Offering Highlights:
• 404' of direct oceanfront width - 290' average depth to
seawall
• 2.68 net acres inside the seawall, via the PUD process, up to
300 potential units. Given the frontage length, ALL units
would be direct oceanfront view, commanding premium
per/SF pricing
• Superior location for condo development given Daytona
Beach land development code. No height restriction in
Daytona Beach
• Additional 0.30 acre parcel available on the west side of
Atlantic Ave for parking. Priced at $165,000
• Six blocks from the newly remodeled Bel Aire plaza, a
230,000 SF Publix anchored retail center
• 5.4 miles - ~10 minutes to the Daytona International Airport
and Daytona Int’l Speedway
• One of the last large (400’+) undeveloped sites in Daytona
Beach
• Three parcels north of an under-construction Westin Resort
$5,750,000 | For Sale
$172,500 | Buy Side Fee
Land
1216 N Atlantic Ave | Daytona Beach, FL
Tim Davis, CCIM | 386.566.4917 | [email protected]
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
SVN.COM
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