svn live™ open sales call 04-04-16
TRANSCRIPT
SVN.COM
SVN Live™ Open Sales Meeting
Date: Apr i l 4, 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.
Submit Your Listings
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
We are now collecting retail listings to be included in this year's SVN Retail Properties
brochure which will be presented at the 2016 ICSC Recon show in Las Vegas.
Submission criteria:
• Only RETAIL listings will be included. This includes all retail centers, single tenant
NNN, land zoned for retail and anchored centers that have leasing needs.
• All properties (leases included) must be in BuildOut and be listed as "on market".
• Minimum Sale Price $1,000,000.
• You do NOT need to be attending the show in order to have your listings included in
the brochure.
Submission process:
Fill out the applicable excel spreadsheet that was sent out
from [email protected]. Email the spreadsheet and a high
resolution photo to [email protected].
Deadline: Friday, April 8th
Two Talking Points
Final pre-recession commercial loans are now coming due
The hospitality sector: another strong year
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Events & Webinars: April 4 – April 8, 2016
Meetings & Events this Week:
Monday, April 4th
Hospitality Council Call11 am PT / 2 pm ET
Tuesday, April 5th
Leasing Council Call8:30 am PT / 11:30 am ET
Investor/Economic Forum with Robert White10 am PT / 1 pm ET
Wednesday, April 6th
Preferred Vendor Webinar: Digital Map10 am PT / 1 pm ET
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:
• Occupied by Caliber Collision -
Largest Collision Operator in the US
• Located in the Affluent Centennial
Submarket of Denver
• 10 Year NN Lease
• 7% CAP
• Received a full price offer within 10
minutes of initial email blast$1,458,000 | Just Closed
7436 S. Eagle St. | Centennial, CO
Troy Meyer | 303.217.7008 | [email protected]
Kevin Matthews | 480.720.5103 | [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.
Retail
Transaction Highlights:
• 98% Occupied Class A Office
Building
• Located in Woodland Park – 17
Miles West of Colorado Springs
• Received Multiple Offers
• Buyer Represented by
Residential Broker
• 8.1% CAP Rate$1,800,000 | Just Closed
18401 US Highway 24 | Woodland Park, CO
Troy Meyer | 303.217.7008 | [email protected]
Kevin Matthews | 480.720.5103 | [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.
Office
Transaction Highlights:
• Occupied by Caliber Collision –
Largest Collision Operator in the US
– 5th Caliber Sold in the Past Year
• Located Less than a Mile from the
University of Colorado Medical
Center & the Brand New VA Hospital
• 10 Year NN Lease
• 7% CAP
$1,971,429 | Just Closed
15611 E. Colfax Ave. | Aurora, CO
Troy Meyer | 303.217.7008 | [email protected]
Kevin Matthews | 480.720.5103 | [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.
Retail
Transaction Highlights:
• 3-Tenant Shops with Jimmy John’s,
Weight Watchers, & Scooter’s
Coffee.
• Shadow Anchored by King Soopers
(Kroger)
• 4th Grocery Anchored Sale in the
Past Year
• Denver 1031 Buyer
• 6.65% CAP
$2,690,000 | Just Closed
4290-4296 N. Academy Blvd | Colorado Springs, CO
Troy Meyer | 303.217.7008 | [email protected]
Kevin Matthews | 480.720.5103 | [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.
Retail
Transaction Highlights:
• 32 Units
• Under Contract in less than
a week
• Closed for 96% of full list
price
• High demand given location
and courtyard appeal
$5,100,000 | Just Closed
5022-30 N. Winthrop Avenue | Chicago, IL
Dawn Overstreet, Ph.D. | 312.756.7335 | [email protected]
Reid Bennett, CCIM | 312.960.6762 | [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.
Multifamily
Transaction Highlights:
• Distressed sale of 3 hotel
portfolio with 220 guest rooms
• Hampton Inn, Holiday Inn
Express and Treadway Inn &
Conference Center
• Referred by SVN Charlotte
Office
• Sale avoided foreclosure and
saved Guarantor$7,250,000 | Just Closed
Three Hotel Portfolio | Owego, NY
Tom Hamm | 203.968.1800 | [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.
Hospitality
Transaction Highlights:
• Off Market Transaction that started
3 years prior.
• SVN Represented the Buyer
• Sale included assemblage of 3
properties with 2 owners
• Located in the Hot Fulton Market
sub-market of the West Loop.
• Steps from Google, Soho House,
WeWork, Nobu and Brooklyn
Bowl.$10,000,000 | Just Closed
832-850 W Lake St | Chicago, IL
Scott Maesel | 312.676.1860 | [email protected]
Drew Dillon | 734.223.2315 | [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.
Industrial
New Inventory:$113,438,768
Buy-Side Commission:$1,274,729
*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:
• 8 Bay Car Wash Facility on 0.70± AC
• 22’ x 140’ building - 12’ x 22’ equipment room
• Bidding Opens: Wed. May 11 and Bidding Closes: Wed. May 18, 3 PM
• 2 entrances with good visibility
• Zoned B-2, General Business District
• Tax Assessment: $464,500! $100,000 Opening Bid | Online Accelerated Sale
3% | Buy Side Fee
917 Newtown Road | Virginia Beach, VA
Tim Dudley, CAI, AARE | 804.822.3131 | [email protected]
Seth Marinoff | 804.822.3139 | [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.
Retail
Offering Highlights:
• Located directly off I-40, Exit 284 (Airport Blvd.) between
Raleigh and Durham.
• 1.9 miles from Raleigh-Durham International Airport
• 3.5 miles from Research Triangle Park
• 500+/-' frontage on Interstate I-40
• 571' frontage on Airport Blvd
• 237,567 sf heated area per Wake County Tax Record
• 24.6 acres developed retail business center
• 1,019 free Surface Spaces available; Ratio of 4.29/1,000 SF
• Current Property Tax Assessment: $16,211,305.00 Subject To Offer | For Sale
1.5% | Buy Side Fee
1001 Airport Blvd | Morrisville, NC
David Peterson | 919.877.8979 | [email protected]
Sanjay Mundra | 919.573.8638 | [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.
Retail
Offering Highlights:
• Single Tenant NNN Sale Leaseback
• Year 1 NOI - $79,648
• Year 1 CAP Rate – 7%
• Average CAP Rate – 7.27%
• 5 Year Term w/ Two 5 Year Options
• Owner Open to Personal Guaranty$1,140,000 | For Sale
$34,200 | Buy Side Fee
10865 W Indian School Road | Avondale, AZ
Jonathan Levy | 480.425.5538 | [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.
Office
Offering Highlights:
• 2.85 acre pad with 190' of frontage
• highly developed area with
numerous restaurants and retail
• 35,000vpd
• adjacent to a 200 unit Class A
apartment complex
• 1.0 mi from the University of
Central Oklahoma
• 1.5 mi from I-35$1,200,000 | For Sale
$36,000 | Buy Side Fee
2015 E 2nd Street | Edmond, OK
Andrew Hwang, JD | 405.772.7255 | [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.
Land
Offering Highlights:
• 7,730 square feet
• 60,000 vpd
• 2 Acre Pad Site
• 19 parking spaces per 1,000 sf
• Surrounded by national retailers
• Easy Access from Broadway Ext
$1,298,000 | For Sale
$38,940 | Buy Side Fee
3830 S Broadway Ext | Edmond, OK
Andrew Hwang, Esq. | 405.772.7255 | [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.
Retail
Offering Highlights:
• 4 Years Remaining on Lease Term
• 5,549+/- sf Available for Occupancy
• Commuting Distance to 2/3 of
state's workforce
• Proforma 8+% Cap Rate
$1,595,000 | For Sale
$47,850 | Buy Side Fee
4 Union Park Road | Topsham, ME
Cameron Woodford | 207.613.7400 x 108 | [email protected]
Daniel Catlin | 207.613.7443 | [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.
Office
Offering Highlights:
• 6.25% Cap
• 10+ year term with options
• 2% Annual Increases
• 2011 Construction
• Major Highway Frontage next to
McDonalds and O’Reilly Auto Parts
• Strong 3 State 50 unit operator
• Jiffy Lube a subsidiary of Shell Oil
• Great Demographics
$1,676,768 | For Sale
$41,919 | Buy Side Fee
Jiffy Lube – Single Tenant NNN | Roy, UT
Mark Haworth | 805.644.6700 | [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.
Retail/Automotive
Offering Highlights:
• Professionally Managed
• 100% Occupied
• Conveniently Located
• Over 140 Parking Spaces
• Park Like Setting
$1,750,000 | For Sale
$43,750 | Buy Side Fee
33 Nagog Park | Acton, MA
Marci Alvarado | 508.271.9219 | [email protected]
Jake Parsons | 508.271.9223 | [email protected]
Brian Kean | 508.271.9253 | [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.
Office
Offering Highlights:
• Owner/User Investment Opportunity
• 100 Free Surface Parking Spaces
Included
• Minutes to Phoenix Sky Harbor
International Airport
• Immediate Access to SR-143,Loop
202, and I-10$1,899,000 | For Sale
$56,970 | Buy Side Fee
4801 E McDowell Rd | Phoenix, 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.
Office
Offering Highlights:
• Pre Planned/Approved Condo
Development Site
• ±.67 Acres - Planned 8 Story
Complex
• Proposed 90 Units - 1,100 SF to
2,800 SF
• Immediate Proximity to Light
Rail/Downtown Phoenix $2,000,000 | For Sale
$50,000 | Buy Side Fee
1145 E. Washington | Phoenix, 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.
Land
Offering Highlights:
• 1.25 Acre lot with 10,170 SF auto
body and repair shop
• Sale/Leaseback Opportunity
• Ten year lease in place to Dent
Doctor
• Five year lease in place to
Lithia/Chrysler/Jeep
• 7.6% CAP
$2,100,000 | For Sale
$63,000 | Buy Side Fee
3215 Mill Street | Reno, NV
Tomi Jo Lynch | 775.825.3330 x102 | [email protected]
Amanda Eastwick | 775.825.3330 x115 | [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.
Retail
Offering Highlights:
• Property is in Great Condition- No Deferred Maintenance
• Value Add Opportunity Through a Gas/Water RUBS Program and Renter's Insurance Policy
• Historically Strong Occupancy
• Consistent Improvement in Trailing Financials
• Private Balconies
• Located on Cincinnati's Eastside
• Security System on Property
• Tenant Paid Electric
$2,400,000 | For Sale
$48,000 | Buy Side Fee
1825 Sutton Ave | Cincinnati, OH
Stasiu Geleszinski | 513.588.1114 | [email protected]
Sherief Gouda | 513.588.1108 | [email protected]
Nathan Murphy | 513.588.1128 | [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.
Multifamily
Offering Highlights:
• Built in 1916
• 25,000+ SF
• 22 units
• Midtown Atlanta- Highly desirable
neighborhood
• $13,000 Gross Income per month
$2,850,000 | For Sale
$85,500 | Buy Side Fee
691 Juniper St | Atlanta, GA
Brian Bell | 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.
Multifamily
Offering Highlights:
• Class A Retail Center at Busy Intersection - 67,700+ VPD
• 3 Tenant - 100% Occupied - NNN Leases
• Excellent Visibility from Powers Blvd -Best Retail Corridor in Colorado Springs
• Gateway to Wolf Ranch (2,000 Acre Master Planned Community)
• Excellent Demographics - Over $105k avg. Household Income within a 1 Mile radius
• 7% Cap Rate - 12.49% ROE$2,930,000 | For Sale
$58,600 | Buy Side Fee
5470 Powers Center Point | Colorado Springs, CO
Troy Meyer | 303.217.7008 | [email protected]
Kevin Matthews | 480.720.5103 | [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.
Retail
Offering Highlights:
• 18 hole golf course
• 4100 yards
• Par 62 Course
• Lighted Driving Range/Putting Green
• Natural Grass Driving Range
• 2,200 Sq. Ft. Club House
• 800 Sq. Ft. Indoor Golf Simulator
with Strength Training Room
• 4,400 Sq. Ft. Maintenance Facility$4,000,000 | For Sale
$120,000 | Buy Side Fee
2484 E. Warner Road | Gilbert, AZ
Nicole Ridberg | 480.425.5514 | [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.
Special Purpose
Offering Highlights:
• Portfolio is Offered at 20% Current Gross Yield
and 11% Cap Rate
• Average Rent of $843/Month at $0.70/SF
• 90% of Homes are 3 Bedroom with an Average SF of 1,197 Which is an Ideal Size for a Rental Home
• Offered at $50k/Home - $41.32/SF Below Replacement Cost and a 15% Discount to Current Market Values
• Value-Add with Continuing Improvement in Operations Since New Property Manager was Brought on <1 Year Ago
• Estimated Year 1 ROE of 13%, Leveraged IRR of 21%, and Debt-Service Coverage of 1.73 Based on List Price and a 70% LTV at 7% and 30-Year Amortization
$4,600,000 | For Sale
$100,000 | Buy Side Fee
Detroit 92 SFR Portfolio | Detroit, MI
Paul Yazbeck | 972.916.9045 | [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.
Multifamily
Offering Highlights:
• High Occupancy with Long-Term Tenants -
Currently 97.7%
• Value Add Opportunity – Pad Site Ready for
Development Which Can House an Additional
3,000 SF Building
• Only Class "A" Office/Retail Facility in the City of
Burleson
• Highway Visibility with 820 Feet of Frontage and
Excellent Signage on I-35W Service Road
• Tenant Mix Includes Approximately 50%
Professional Office, 30% Medical Office, and 20%
Retail
• Owner Weatherized and Added an LED Light
Package Dec. 2015
$12,000,000 | For Sale
Buy Side Fee Based on Sales Price
Renfro Square | Burleson, TX
Todd Franks, CCIM | 972.916.9397 | [email protected]
Paul Yazbeck | 972.916.9045 | [email protected]
Sean Reynolds | 972.961.7963 | [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.
Retail
Offering Highlights:
• The best apartment building in Canada
• 165 luxury rental apartment units with
quality, ultra high-end finishes
• Unit mix includes ultra spacious one, two
and three bedroom units; average unit
size is approximately 1,400 square feet
• Each unit is sub-metered, temperature
controlled, contains high quality
appliances and has ensuite laundry
• Full suite of amenities includes fitness
center, pool, theatre room and library
• Construction completed in 2015
Most Luxurious New Construction Apt. N. of the Border | London, Ontario
Derek Lobo | 905.320.7672 | [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.
$70,000,000 | For Sale
$450,000 | Buy Side Fee
Multifamily
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