svn live 2-27-2017

© 2017 SVN International Corp.

WEEKLY PROPERTY BROADCAST

FEBRUARY 27, 2017

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WELCOME NEW SVN OFFICES

Dennis Aubin, CPA, CMAManaging Director

Market Areas

Edmonton and Northern Alberta

Areas of Practice

Industrial and Investment

1400, 10665 Jasper AvenueEdmonton, Alberta T5J 359780-426-4360

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DEALS TO CLOSE?SAVE THE DATE

for the

The SVN Mid America Deal Conference (formerly SVN Midwest Deal Conference)

October 3rd and 4th, 2017

For more information, please contactKurt Lord ([email protected])

212 Kingshighway Blvd. | St. Louis, MO 63108

located in the Historic & Happening Central West End across from the city's Fabulous Forest Park

SAVE THE DATE

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BOSTON 2017March 28th-31st

REGISTRATION IS OPEN!

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) or on SVN.com (svn.com/svn-jumpstart)

Space is limited, so REGISTER today!

NOTE: Completion of the SVN System for Growth "SVN | Jumpstart® Prerequisite" courses is required.

SVN | JUMPSTART®

http://my.svn.com/

http://svn.tortal.net/

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ECONOMICTALKINGPOINTS

JOB GROWTH KICKS BACK INTO HIGH GEAR

• According to the recent BLS report, January hiring resulted in 227,000 new jobs and a slight uptick in the unemployment rate to 4.8% as more people entered the labor force

• The best performing sectors were Retail Trade (+46,000), Construction (+36,000), Financial Activities(+32,000), Food Services and Drinking Places (+30,000), Professional and Technical Services (+23,000),and Health Care (+18,000). All other sectors were essentially flat.

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ECONOMICTALKINGPOINTS

• After a robust 3.5% annualized GDP growth rate in the 3rd quarter, the initial estimate of 4th quarter GDP revealed a slow down to a 1.9% annualized rate, meaning 2016 grew at an initial estimate of 1.6%for the year, a marked slowdown from 2.6% in 2015.

• Overall, for real estate investors this type of “goldilocks” report is good in the sense that it tempers the need for the Fed to move rates aggressively; and this number may be revised upward in the coming months as the first reading is notoriously unreliable.

TRADE BRINGS DOWN ECONOMIC GROWTH RATE

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FEBRUARY 27 - MARCH 3, 2017

EVENTS & WEBINARS

Monday, February 27thOFFICE COUNCIL Call11:00 am PT / 2:00 pm ET

Tuesday, February 28th

PREFERRED VENDOR Webinar10:00 am PT / 1:00 pm ET

McKissock LearningProvider of online continuing education courses for real estate appraisers, brokers and agents.


RECENTLY CLOSEDDEALS

Sale Price $

Size

$ /SF $

Cap

*For qualified transactions, 50% of the gross commission to the buy side. 50 % O F THE CO MMI SSIO N | 1 00 % O F TH E T I ME* | TH E SV N D IFFERE NCE

PROPERTY HIGHLIGHTSPROPERTY DETAILS


151 E. Highway 61GLADWIN, MI

SINGLE TENANT

SVN | Silveri Co.

PETER [email protected]

616.893.1398

126.70

1,153,000

9,100 SF

6.95%

• New 15 year NNN Leased Dollar General• 1031 Exchange• Local bank financing• Listed and closed in 45 days• Built in 2016

Sale Price $

Size

$ /SF $

Cap




105 E. 4th StreetMIO, MI

SINGLE TENANT

SVN | Silveri Co.

PETER [email protected]

157.00

1,428,751

9,100 SF

6.6%

• New 15 year Dollar General Investment• Local bank financing• Sold by Peter & Chris Colvin

Sale Price $

Size

$/SF $




8612 Owenfield DriveCOLUMBUS, OH

RETAIL

153.50

1,535,000

10,000 SF

• John Williams, Novato, CA, has a client who owns a retail building on outparcel

• Jointly listed with John and Doug Wilson• Seller (a college trust) inexperienced in transactions• Seller sells for 25% loss from acquisition price 10 years

ago• Sold for 33% above market comps

SVN | Wilson Commercial

DOUG [email protected]

JOHN WILLIAMS

[email protected]

SVN | Delta Group

BRE#

Sale Price $

Size

$/SF $




1048 Texan TrailGRAPEVINE, TX

OFFICE

158.38

1,600,000

10,102 SF

• Listing was with Bankruptcy Court• Sold to a user• Sale included unique furnishing worth over

$200,000• Sold adjacent 10,000 SF office building one

month earlier

SVN | David Cook Co, LLC

DAVID [email protected]

Sale Price $

Size

$/SF $




1040-44 W. 18th StreetCHICAGO, IL

OFFICE

98.65

1,825,000

18,500 SF

• On market for two weeks and received multiple offers• Cash buyer with no contingencies, hard money day 1; 30

day close• Rare 17 units on highly coveted corner• Accepted lower price with better terms• One of a few buildings with 10+ units on 18th street in

Pilsen

SVN | Chicago Commercial

ANGELO [email protected]

PAUL [email protected]

Sale Price $

Size

$ /SF $

Cap




9185 Magnolia AvenueRIVERSIDE, CA

RETAIL

SVN | Renaissance Commercial

JON SOROKOWSKI

[email protected]

202.56

2,025,000

9,997 SF

7.4%

• Newly renovated• Stable income stream• Long term lease• Hard corner location in established neighborhood

BRE #01079670


FEATURED INVENTORY

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FEATURED INVENTORY$37,164,000

BUY-SIDE COMMISSION$1,111,531

FEATURED INVENTORY FINANCIAL SUMMARY

Price $

Buy Side Fee $

Size

$ /SF

Cap




12,000 SF

99.58

1,195,000

41,825

SVN | Creviston Realty, Inc.

227 Atlanta HighwayGAINESVILLE, GA

RETAIL

JEFF [email protected]

210.889.6819

• Good visibility • 6 retail bays• ‘Yelp reviewed’ seafood market with 5 stars• Below market rents• Long term tenants

10%

Price $

Buy Side Fee $

Size

$ /SF $





260 Skokie Valley Road HIGHLAND PARK, IL

LAND

WAYNE [email protected]

23,255 SF

52.03

1,210,000

30,250

• 23,255 SF site with existing 4,356 SF building• Occupied through May 2019 with $74,008 current NOI• Adjacent to many strong national retailers• Broad based commercial zoning• Adjacent to substantial daytime traffic generators

JOHN [email protected]

Price $

Buy Side Fee $

Size

$ /SF $




SVN | The Martin Group

2130 Industrial Park RoadFERDINAND, IN

INDUSTRIAL

DEB OLINGER, [email protected]

124,747 SF

11.02

1,375,000

32,656*

• Strategically located 1 mile from I-64; 3 hour drive to Louisville, KY, Cincinnati, OH, Nashville, TN, Evansville, IN, Indianapolis, IN and St. Louis, MO

• Well maintained industrial/ warehouse building; Finish Line for wood finish

• 440 volt; 1200 amps

• 5% office finish

• 7.99 acres of land

• 2 overhead doors (dock height); 1 overhead door (at grade); 2 overhead doors (truck height)

• *Bonus commission available

Price $

Buy Side Fee $

Size

$ /SF

Cap




6,171 SF

242.26

1,495,000

37,375

SVN | Bluestone & Hockley

8835 N. Coast HighwayNEWPORT, OR

HOSPITALITY

BRIAN [email protected]

• Excellent oceanfront location• 12 themed guestrooms with ocean views• Strong customer base• Unencumbered status• Upside potential through yield management

9.17%

Price $

Buy Side Fee $

Size

$ /SF

Cap




30,000 SF

56.33

1,690,000

50,700

SVN | Wilson Commercial Group

1245 Crestwood AvenueCOLUMBUS, OH

MULTIFAMILY

KRISTEN [email protected]

• Scottwood Apartments for Sale• 36 two bedroom townhomes• 100% leased; $120,000+ NOI• 7% cap including new value taxes• Turn-Key property with strong management• Newly remodeled including roofs, windows, HVAC,

kitchens and baths7%

Price $

Buy Side Fee $

Size

$ /SF

Cap




23,240 SF

75.30

1,750,000

105,000

SVN | Southern Commercial Real Estate

135 E. Main StreetROCK HILL, SC

OFFICE

RANDY [email protected]

• Two story retail/office building located in historic downtown Rock Hill

• Ideal owner/user investment property with income from other tenants

• Current owner can either lease back a portion of the 2nd floor or vacate

• Increased income potential with better marketing of Palmetto Room

• Fully renovated in 2009 with nice interior finishes

3.3%

MARK [email protected]

Price $

Buy Side Fee $

Size

$ /SF

Cap




26,488 SF

75.51

2,000,000

40,000

SVN | Southgate Realty, LLC

615 Thornhill DriveHATTIESBURG, MS

MULTIFAMILY

CHAMBERLAN CAROTHERS, CCIM, [email protected]

• Walking distance to major University with largest freshman class in Fall 2016

• 2.91 acres; 1.2 acres remaining for development with parking already paved

• 32 units each with W/D, built-in microwaves and bedroom ceiling fans

7.75%

GREG [email protected]

GENE CAROTHERS, [email protected]

Price $

Buy Side Fee $

Size

$ /Unit $

Cap




SVN | Commercial Real Estate Advisors

926 Meadowood DriveLENOIR, NC

MULTIFAMILY

KYLE [email protected]

50 Units

40,000

2,000,000

100,000

11.15%

• Great occupancy history• Rental upside• Excellent condition• Low maintenance brick exteriors• Recent improvements

JIM [email protected]

Price $

Buy Side Fee $

Size

$ /SF $




SVN | Real Estate Advisors, LLC

4627 Arnold AvenueNAPLES, FL

INDUSTRIAL

ED [email protected]

23,760 SF

109.43

2,600,000

65,000

• Would make a great property for relocation of corporate HQ to Florida; no income tax state

• Perfect corporate office with plenty of private offices, break rooms, bathrooms and conference rooms, as well as manufacturing and distribution space

• Includes call center space, packaging and distribution rooms, storage areas, a photo/video room and ~8,000 SF of warehouse space with 7 overhead doors

• Extensive remodeling in 2011-2013 including new roof, 40+ security cameras, Nest-based thermostats, impact-resistant windows and fire sprinklers

Price $

Buy Side Fee $

Size

$ /SF $





1012 W. Randolph StreetCHICAGO, IL

MIXED-USE

SCOTT [email protected]

6,788 SF

500.74

3,399,000

84,975

• Excellent Fulton Market location• One block from Morgan CTA Station• Across the street from McDonald’s future national HQ• Two blocks from Google Chicago HQ• Next door to Starbucks Reserve, Anthropologie and

Sweet Green• Opportunity for value-add development

DREW [email protected]

Price $

Buy Side Fee $

Size

$ /SF

Cap




25,000 SF

140.00

3,500,000

105,000

SVN | Realty Performance Advisors

470 Long Pond RoadROCHESTER, NY

OFFICE

JOSEPH L. ROWLEY, [email protected]

• Modern 2 story professional office building• 77% occupied• ADA accessible with elevator access to both floors and

basement• Sizeable storage areas located in basement• Convenient access to Lake Ontario State Parkway and I-390• Suites can be combined to create a 4,915 SF space for potential

owner occupant6.76%

JOE ROWLEY, [email protected]

JODY [email protected]

Price $

Buy Side Fee $

Size

$ /SF

Cap




36,880 SF

161.33

5,950,000

148,750

SVN | Trinity Advisors

1905 Tulane DriveLUFKIN, TX

RETAIL

JAMES [email protected]

• Credit tenants including PetSmart and AT&T

• Stabilized property• Located in high-growth

Texas• Newer construction-

2006

• Surrounded by over 1 million SF of retail

• Traffic count of over 57,000 vehicles per day

• Adjacent to Home Depot

7.43%

STEVE [email protected]

ROBIN [email protected]

817.288.5526

Price $

Buy Side Fee $

Size

$ /Acre $




32 Acres

281,250

9,000,000

270,000

SVN | Cornerstone

NEC of Hwy 95 & Hwy 54ATHOL, ID

LAND

• Super 1 Foods beginning construction March 17; Pads for sale for retail, banks, gas, hotels, RV park in N. Idaho; see brochure for parcel pricing

• No impact fees; no permit fees; no sewer connection fees

• Home of largest theme and water park in Northwest, attracting over 650,000 visitors per year

• New overpass; new full highway interchange

• Between Coeur d’ Alene and Sandpoint

• Pads available from 20,000 SF

JOHN [email protected]

509.939.8094

TAYLOR [email protected]

509.939.1741

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THANK YOU FOR JOININGUS FOR TODAY’S

THANK YOU

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.

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