for sale | retail nnn dollar general …...kurt lord 401 n 2nd st., odessa , mo 64076 nnn dollar...

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SVN | Lord Partners | Managing Director 314.862.5566 X14 [email protected] MO #2005034294 KURT LORD Council Chair Of Single Tenant Investments 616.893.1398 [email protected] PETER COLVIN PROPERTY HIGHLIGHTS Absolute Triple Net Dollar Generals Higher Than Average Population Recent Clean Phase 1's Recent ALTA As-Built Surveys Recent MAI Appraisals PRESENTED BY: All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. FOR SALE | RETAIL NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS ODESSA & GREENFIELD MO

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Page 1: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

SVN | Lord Partners | Managing Director314.862.5566 [email protected] #2005034294

KURT LORD

Council Chair Of Single [email protected]

PETER COLVIN

PROPERTY HIGHLIGHTS

Absolute Triple Net Dollar Generals

Higher Than Average Population

Recent Clean Phase 1's

Recent ALTA As-Built Surveys

Recent MAI Appraisals

PRESENTED BY:

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for itscorrectness.

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

FOR SALE | RETAIL

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

ODESSA & GREENFIELD MO

Page 2: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

SALE OVERVIEW PROPERTY DESCRIPTION

The SVN Colvin Team and SVN Lord Partners are excited to offer thisportfolio of 2 Dollar Generals, both open, with NNN leases. Buying 2 locationsfrom one organized seller can make your 1031 much easier.

Dollar General is considered by many to be the best tenant in America. Bothproperties opened in the summer of 2015 and have 13 +/- years left on theirabsolute triple net leases.

Odessa MO is close to Kansas City. and Greenfield is close to Springfield.These locations have higher than average population for DG locations.

Both locations have clean phase 1 reports, ALTA surveys and greatdocumentation for a low cost, fast and simple 1031 with no surprises.Attractive financing is available too.

Contact Peter Colvin at 616-893-1398 to make your 1031 a lot easier.

SALE PRICE: $2,444,000

CAP RATE: 6.65%

NOI: $162,579

LOT SIZE: 4.36 Acres

BUILDING SIZE: 21,356 SF

ODESSA & GREENFIELD MO

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PETER COLVIN

Council Chair Of Single Tenant [email protected]

KURT LORD

Managing Director314.862.5566 [email protected] #2005034294

svn.com

Page 3: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PETER COLVIN

Council Chair Of Single Tenant [email protected]

KURT LORD

Managing Director314.862.5566 [email protected] #2005034294

svn.com

401 N 2nd St., Odessa , MO 64076

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

FOR SALE | RETAIL

Page 4: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PETER COLVIN

Council Chair Of Single Tenant [email protected]

KURT LORD

Managing Director314.862.5566 [email protected] #2005034294

svn.com

ODESSA & GREENFIELD MO

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

FOR SALE | RETAIL

Page 5: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

ODESSA & GREENFIELD MO

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PETER COLVIN

Council Chair Of Single Tenant [email protected]

KURT LORD

Managing Director314.862.5566 [email protected] #2005034294

svn.com

Peter ColvinCouncil Chair of Single Tenant InvestmentsSVN | Silveri Company

Peter and his son Chris have built a very strong national practicehelping people buy and sell quality single tenant investment realestate leased long term to strong tenants.

Peter serves as the Chairman of the National Single Tenant Group forSVN. He is consistently one of the “Top 10 Advisors in America” for thecompany out of 1600 + Advisors.

Peter has over 10 years of investment real estate experience and hascompleted nearly two billion dollars in transactions.

Peter specializes in 1031 Exchanges. He helps clients exchange theirmanagement intensive properties into safe, long term "mailbox"money passive investments. His SVN Teammates count on Peter tohandle their clients' 1031's as well.

Peter hosts The National Single Tenant Call and has been a featuredspeaker at national conferences and events.

Peter has won numerous local, regional, and national awards,including The CoStar Power Broker Award and The Partner CircleAward (SVN's highest honor) for many consecutive years. He wasvoted The SVN Team Player of the Year for back to back years.

Peter and Chris helped create "The Dollar General Fund" which ownsnew NNN leased Dollar Generals that investors can purchase units infor long term cash flow.

Peter and Chris co-founded “Easy Leasebacks" which has become avery popular vehicle for growing companies to use real estate equityto creatively fund their growth.

Colvin earned degrees in business and music from Aquinas College inGrand Rapids, Michigan, where he resides with his wife, Deb and sons.He enjoys going on adventures with his cool wife Deb, playing footballwith his college middle linebacker Cody and playing tennis andgrowing the business with his son Chris.

Phone: 616.893.1398

Email: [email protected]

Cell: 616.893.1398

Address: 580 Cascade West Parkway, S.E.

Grand Rapids, MI 49546

Page 6: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

Kurt Lord

401 N 2nd St., Odessa , MO 64076

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS

FOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PETER COLVIN

Council Chair Of Single Tenant [email protected]

KURT LORD

Managing Director314.862.5566 [email protected] #2005034294

svn.com

Managing Director

As the Managing Director SVN Lord Partners, and a St. Louis native,Kurt Lord directs investment sales activities for the brokerage.

As both a real estate broker and a member of the Missouri and IllinoisBar, Kurt utilizes his legal experience to streamline transactions andovercome hurdles in complex transactions.

Kurt's area of focus is sales of properties that are between $2 and $15million in price, and that often have a retail component. Kurt'sdatabase and marketing program are tuned to emphasize theattributes of the property and communicate them effectively tospecifically targeted buyers. The result: less time on the market andhigher sales price.

Kurt has sold single tenant buildings, retail shopping centers, land fordevelopment and retail oriented medical facilities in Missouri andIllinois. His area of expertise: challenging properties. Examples:sellinga 77% vacant retail shopping center for a price 45% above appraisedvalue, a retail shopping center needing significant capitalimprovements at a price 38% above price in 6 months prior appraisal,selling a bank owned property to a targeted national buyer, within 45days, and above target price.

Kurt has represented many real estate entities, including individuals,family trusts, TIC's, financial institutions, retailers, restaurateurs, andbankruptcy court trustees.

Kurt deploys his sales and marketing expertise acquired when he wasemployed by Procter & Gamble and Coca-Cola.

SVN | Lord Partners

Phone: 314.862.5566 x14

Email: [email protected]

Memberships & Affiliations

Missouri BarIllinois BarICSC - International Council of Shopping CentersNational Association of RealtorsMissouri Association of RealtorsSt Louis Association of RealtorsCCIM - Candidate

MO #2005034294

IL #471.008856

Fax: 314.862.5569

Cell: 314.960.5258

Address: 11475 Olde Cabin Road

Suite 230

St. Louis, MO 63141

Page 7: FOR SALE | RETAIL NNN DOLLAR GENERAL …...Kurt Lord 401 N 2nd St., Odessa , MO 64076 NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS FOR SALE | RETAIL All SVN® Offices Independently

NNN DOLLAR GENERAL PORTFOLIO-2 MISSOURI LOCATIONS | 21,356 SF | ODESSA , MO

DISCLAIMER

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.