Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate, it has not been confirmed and should be independently verified. SVN.COM Monday National Sales Call November 18, 2013
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Sperry Van Ness #CRE National Sales Meeting 11-18-13
The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Visit www.svn.com/mondaycall if you would like to attend our weekly call which we open up to the brokerage community.
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Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate,
it has not been confirmed and should be independently verified.SVN.COM
Monday National Sales Call
November 18, 2013
Website
*50% of the gross commission to the buy side.
Events & Webinars
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
Website
*50% of the gross commission to the buy side.
November 18-22, 2013
Monday, November 18th
Single Tenant Call(8:15am PT / 11:15am ET)
Tuesday, November 19th
National Self Storage Council Call(8:30am PT / 11:30am ET)
Wednesday, November 20th
Best Practice Webinar(8:30am PT / 111:30am ET)
Thursday, November 21st
National Retail Council Call(9am PT / 12pm ET)
Mt. Vernon Tesoro Station | Mount
Vernon, WA
Transaction Highlights:
•8.25% cap rate•Sale-leaseback: 15 yrs., increases every 5, absolute NNN•LOI to Closing: 31 days•All cash buyer--first commercial property acquisition•Tenant is regional operator of 103 gas/c-store properties
$776,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Absolute NNN Ground Lease (20-year)•Corporate Guarantee•New Construction/New Lease•Super-Competitive Environment•Under Contract Within 1-day of Going On-Market•Quick Close (delayed due to plat approval)•4% Cap (rental increases every 5 years)$1,500,000 | Just
Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•18,410 SF Retail/Industrial building•3-month search for a suitable property•Sent LOI within 3 days of property going on the market•Competed with other brokers representing Tenants•Best offer/credit Tenant/longest term closed the deal
$1,562,666 | Just Leased
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•12-Tenant retail center anchored by regional fitness center•8.5% cap rate•Buyer was a 1031 exchange buyer coming out of a ranch sale•Buyer representation was residential broker with no commercial experience•SVN Difference at work!
$5,550,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Assisted nonprofit that lost federal funding and sale of asset.•After note was under contract to a predatory lender, brought a contract that satisfied all liens with equity left over•Navigated note sale, environmental issue, and zoning uncertainties. •Donated 10% of brokerage fee for a memorial for the founder of the nonprofit
$5,700,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Coral Gables Trophy Asset•Retail Establishment - 26,476 SF•Ferguson, a Fortune 500 company, occupies 1st & 2nd Floors•Décor House, a furniture company, occupies the top floor•Complex deal that took more than 6 months to come to fruition
$8,500,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Regional enclosed mall on 80 acres.•1.1 million SF 2-story building.•889,000 SF included in sale.•50% occupied, including 4 anchors.•Leasing assignment led to off-market sale.•SVN represented both sides.•15 months LOI to close.$9,537,500 | Just
Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•$328 PSF•8% Cap Rate•10 Year NNN Lease•Personal Guarantees from 8 orthopedic surgeons•Non-Recourse Bank Financing for Buyer•Located across street from Hospital
$12,000,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Auction: Thursday, November 14th at 3pm ET•4,421± SF•Fronts Church Ave•Loading dock with bay door•Off-street parking•Currently leased $500/mo•Multi-use property•Public water & sewer•Zoned in the D District
•Auction: Thursday, November 14th at 3pm ET•Two 541± SF units on 0.34± AC•Built in 1962•Each unit contains 1 full bath & separate storage room•Zoned Commercial-Neighborhood with multiple uses•Off and on-street parking•Public water & sewer
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
*50% of the gross commission to the buy side.
Commercial Building Auctions | Frankfort, KYDon Erler, CAI, AARE | 502.297.8797 | [email protected]
Bill Menish, CAI, AARE | 502.814.5174 | [email protected] Highlights:
•Auction: Thursday, December 5th at 12:30pm ET•ABSOLUTE AUCTION #1 - 851 US 60 - 9,100 SF former nightclub on 1 acre plus contents•AUCTION #2 - 112 East Main (downtown), 20,000 SF office building with parking lease built in 1996.•Additional information: http://www.frankfortcommercialauctions.com
•11,083 SF & 0.63 AC•Desirable location and highway 85 access•Three adjacent parcels, with two buildings onsite•Former restaurant and truck wash facilities•C-H zoning with city of Evans, retail, office and other uses allowed•In the heart of Niobrara Energy corridor•Close to CO highways 34 & 85 intersection
•8,700 SF •Long Term Tenants Including Western/Southern--a Tenant Since 1993•Mostly NNN Leases / Owner Responsible for Minimal Maintenance, Expenses•Excellent Location in Desirable Northwest Muncie Office Park--10 Minutes from I-69
•6,000 SF•Newer Retail Pad Building in 7-Eleven Anchored Center•Perfect Opportunity for Owner-User•Excellent Access & Visibility from Reservoir Road•No Barriers to New Financing•Priced Below Replacement Cost
•4,080 SF•Next to the new Merrill Gardens Senior Living Complex .•Two streets west of Downtown Campbell.•Upper South Winchester Area Plan.•Investment user or owner user.•Purchase with a 10% down payment. •$8735/month cost with rental income.$1,600,000 | For Sale
$48,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•70+ Acres Mix of Open & Wooded Land•Visibility from Hwy 12•Situated between Ho-Chunk Casino and The Wisconsin Dells•Priced to Sell•Perfect for a resort, campground, or a mix of C-Store, multifamily & residential lots
$3,840,000 | For Sale$86,400 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•45,372 SF•Currently Lease to Veterans Affairs-US Govt.•Centrally Located between TMH and Capital Regional Hospitals•Well Below Replacement Cost•$800,000 NOI•15% Cap Rate
$6,528,000 | For Sale$146,880 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•13,905 SF•High volume store•Rare 10% rent increase in 20th yr. (2019)•Excellent visibility with high traffic counts •Drive-thru pharmacy window •Third busiest intersection in Ada County•Surrounded by national retailers
$7,000,000 | For Sale$175,000 | Buy Side Fee
50% OF THE COMMISSION | 100% OF THE TIME | THE SVN DIFFERENCE
•Price reduced by $1,075,000•8,560 SF•2 Restaurants & 3 Apartments in the Heart of Aspen on Restaurant Row•2009 Construction - Abundant High End Finishes•Current NOI - $388,240•Zoning Accommodates Mixed Use (Restaurant/Retail/Apartment)•World Class Playground; Destination Shopping, Resorts & Ski Opportunities•Seller is flexible with ending, renewing or establishing new leases either Restaurant or Retail or Combination
Sperry Van Ness International Corporation is the registered owner of Sperry Van Ness® and SVN® marks, and is a separate entity from those Sperry Van Ness Entities which provide commercial real estate services. Each Sperry Van Ness office is independently owned and operated. Although we believe the information contained here is accurate,
it has not been confirmed and should be independently verified.SVN.COM
Thank you for joining us! For information about all of our listings please visit www.svn.com