sperry van ness #cre national sales meeting 11-25-13
DESCRIPTION
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.TRANSCRIPT
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 25, 2013
Events & Webinars: November 25 - 29, 2013
Website
Weekly Reoccurring Meetings:Single Tenant Call
Every Monday at 8:15am PT / 11:15am ET
Meetings & Events this Week:Monday, November 25th
Hospitality Council Call(11am PT / 2pm ET)
Thursday, November 28th | Friday, November 29th SVNIC Office Closed in Observance of Thanksgiving
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
230 W. State Street | Geneva, IL
Transaction Highlights:•Downtown Geneva corner retail•2,219 SF; 10 year lease•Leveraged multiple offers to secure more than 25% above asking rent•Prior business had been in space 60+ years•Local jewelry store moved from same block•SVN represented both landlord and tenant$1,015,535 | Just
Leased
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Neil Johnson | 630.938.4950 | [email protected] Miller | 630.938.4950 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
830 French Street | Peshtigo, WI
Transaction Highlights:•Off market deal•New development; 15yr NNN lease•Closed all cash at a 7.25% cap; out of state buyer
$1,078,250 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Dan Elliot | 312.529.5792 | [email protected] Lutz | 312.529.5790 | [email protected] O’Malley | 312.676.1865 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
500 San Francisco Retail Bldg. | El Paso, TX
Transaction Highlights:•Retail Property and Business sold together. •Property will be remodeled for retail. •Property is located across the street from what will be El Paso’s New AAA Baseball Stadium. •Deal took a very difficult 6 months, but we got it closed.
$1,100,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Jacob Quinn | 915.269.6786 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Horizon Land | El Paso, TX
Transaction Highlights:•Owner financed 25% down balance due in 3 years. •40 days to close
$1,180,266.67 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Jacob Quinn | 915.269.6786 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
741 E. Dundee Road | Palatine, IL
Transaction Highlights:•All Cash Closing•Multiple Offers•30 Day Due Diligence•Local Developer (new 10,000sf multi-tenant retail development)
$1,400,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Craig Franzen | 312.529.5796 | [email protected] Andrews | 312.676.1864 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
10729 Park Road | Charlotte, NC
Transaction Highlights:•Premises will continue to operate as a Wendy's. •7% cap rate•Very happy seller!
$1,455,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Tom McMahon, CCIM | 704.892.5653 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
879-881 Grant Avenue | Novato, CA
Transaction Highlights:•$202/SF 10 months on market•Seller in default with original lender•Loan sold during offer/counter offer•Buyer intends to occupy @ 1/3 of the building
$1,700,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
John Williams | 415.897.4422 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
835 Ernest W. Barrett Pkwy. | Kennesaw, GA
Transaction Highlights:•Retail Town Center Mall Atlanta•Vacant Box (Former Lay-Z-Boy)•$166 per square foot•Buyer Paid All Cash•And, Will Wait for the Right Tenant
$2,700,000 | Just Closed
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
Del Creviston, CCIM | 770.992.5112 | [email protected]
Website
*For qualified transactions, 50% of the gross commission to the buy side.
Total Inventory:$30,378,000
Buy-Side Commission:
$942,935Website
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
Apartment Portfolio | Miami, FLOffering Highlights:•431 Unit Section 8 Portfolio•22 Buildings, 100% Section 8•98% Leased with Stable Tenants•Guaranteed Rental Income•Assumable 4.15% fixed, NR Loan•Popular Little Havana Area•Well-Managed and Maintained•Turn Key Investment•$2,463,281 NOI* 2013 projected•$36,000,000 Minimum Bid•1% Buyer’s Premium
Auction | January 31, 2014$360,000 | Buy Side Fee
John Johnson, CCIM, ALC | 404.303.1232 | [email protected] Hunter | 770.682.8552 | [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.
http://svn.re/17R7Ov7
$150,000 | Minimum Bid3% | Buy Side Fee
15409 Euclid Avenue | Cleveland, OHVictor S. Voinovich, Sr. | 888.236.1435 | [email protected]
Offering Highlights:•Held in conjunction with Auction.com Bid #B119-419•Date: December 9, 2013•120 Units•Brick, steel and concrete structure •Great potential for upside•Located on East Cleveland's Main Street•Across from High School•Great Visibility on Cleveland's longest street
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/1g5Mi5H
$50,000 | Minimum Bid3% | Buy Side Fee
16004 Euclid Avenue | Cleveland, OHVictor S. Voinovich, Sr. | 888.236.1435 | [email protected]
Offering Highlights:•Held in conjunction with Auction.com Bid #B119-420•Date: December 9, 2013•39 Units•Brick, steel and concrete structure •Great potential for upside•Located on East Cleveland's Main Street•Half mile from new High School•Great Visibility on Cleveland's longest street
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/1jvyIZi
$879,000 | For Sale$21,975 | Buy Side Fee
Advanced Auto NN | Lansing, MIPeter Colvin | 616.893.1398 | [email protected] De Maagd | 616.399.3955 | [email protected] Highlights:
•7,000 SF•National Credit Tenant•Investment Grade•Long Term Here & In Renewals•Fantastic 9% Cap Rate
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/18fFv9W
$899,000 | For Sale$35,960 | Buy Side Fee
Family Dollar | Vass, NCMatthew Levin, CCIM | 770.209.1700 | [email protected]
Offering Highlights:•10,380 SF•Family Dollar-Fortune 300-Investment Grade•Lease through December 2018•Additional 1,200 SF rental unit•Double digit county population growth•Fort Bragg & military contractor employment
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/1epfhko
$1,200,000 | For Sale$36,000 | Buy Side Fee
241 E. Lake Street | Bloomingdale, ILPaul Cawthon | 312.676.1878 | [email protected] Labriola | 312.676.1870 | [email protected] Highlights:
•7,700 SF Restaurant Build-Out on 2.14 Acres of Land•Continue use as Restaurant or Re-Develop•Signalized Hard Corner with 300+ Feet of Frontage on Lake St•Dense Residential in Immediate Area•42,200 VPD on Lake Street
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/1c0zq05
Turnkey Restaurant | Chesapeake, VA
Offering Highlights:•Pizza Inn-Fully furnished turn key restaurant•3,648 total SF•Recently renovated equipped Pizza Inn - December 2012•Property is a out parcel of Food Lion anchored Shopping Center•On the top of 35,000 car a day traffic count, there should be ample additional traffic count due to shopping center$1,200,000 | For Sale
$36,000 | Buy Side Fee
Shailesh Shah, CCIM | 757.622.6595 | [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.
http://svn.re/175hfqL
Shell Gas Station/Carwash | Chesapeake, VA
Offering Highlights:•6,285 SF•Turn key business opportunity with showcase site near to premier shopping facility•Built in 2003
$3,700,000 | For Sale$111,000 | Buy Side Fee
Shailesh Shah, CCIM | 757.622.6595 | [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.
http://svn.re/1cZUkhQ
$9,600,000 | For Sale$192,000 | Buy Side Fee
Cold Storage Facility | Miami, FLJoel A. Kattan | 954.448.8531 | [email protected] Peragine | 305.509.0412 | [email protected] Lonardo, CCIM | 305.213.4050 | [email protected]
Offering Highlights:•79,500 SF Freestanding Cold Storage Facility•28' Clear Ceiling Height | 12 Dock Loading Doors •Warehouse Area is Divisible for Freezer and Cooler Use•8,000 Pallet Positions in Current Configuration•CSX Rail Served with 2 Rail Loading Doors•Secure Truck & Trailer Storage Yard
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/IlHYDc
$1,050,000 | For Sale$31,500 | Buy Side Fee
221 E. Indianola Avenue | Phoenix, AZNeil Sherman | 480.425.5504 | [email protected] Horwitz | 480.425.5518 | [email protected] Ridberg | 480.425.5514 | [email protected]
Offering Highlights:•Price Reduced!•14,000± SF - Suitable for 1 or 2 Tenants•Ideal Owner User Opportunity•Easy Access to I-10, I-17 and SR-51 Freeways•One Block to Central Ave. and Light Rail•Minutes from Downtown Phoenix
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/18fGlDO
$11,850,000 | For Sale$118,500 | Buy Side Fee
Canyon Springs Apartments | Phoenix, AZNeil Sherman | 480.425.5504 | [email protected]
Brian Teske | 480.425.5531 | [email protected] Sears | 480.425.5529 | [email protected]
Offering Highlights:•203 Units; (131) 1/1's, (40) 2/1's, (32) 2/2's•Excellent proximity to I-17, Loop 101 arterials and employment centers•Individually metered for electricity•1981 construction
50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE
*For qualified transactions, 50% of the gross commission to the buy side.
http://svn.re/1jvAlGj
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