svn live event 11-14-2016
TRANSCRIPT
© 2016 SVN International Corp.
NOVEMBER 14, 2016
WEEKLY PROPERTY BROADCAST
PRESENTERS
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© 2016 SVN International Corp.
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© 2016 SVN International Corp.
SAN FRANCISCODECEMBER 6-9TH
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)and on the web -http://info.svn.com/jumpstart.
Space is limited, so REGISTER today!
NOTE: Completion of the SVN System for Growth "SVN | Jumpstart® Prerequisite" courses is required.
SVN | JUMPSTART
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© 2016 SVN International Corp.
TAMPA, FLFEBRUARY 8-10, 2017
Register today for the 2017 Annual Conference and take advantage of the Early Bird Pricing which is available until December 31st.
Registration is available through the weekly SVN Events email and on the Dashboard (my.svn.com).
SVN ANNUALCONFERENCE
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© 2016 SVN International Corp.
• Households finally receive a raise as poverty declines
• Battle lines for grocery and retail sales heat up with interesting shifts
ECONOMICTALKINGPOINTS
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© 2016 SVN International Corp.
NOVEMBER 14-18, 2016
Wednesday, November 16th
BEST PRACTICES Call8:30 am PT / 11:30 am ET
EVENTS & WEBINARS
© 2016 SVN International Corp.
RECENTLY CLOSEDDEALS
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
JOEL A. KATTAN
SVN | Commercial Realty
ANTHONY PERAGINE
1025 SE 5 StreetHIALEAH, FL
INDUSTRIAL
17,200 SF
78.49
N/A
1,350,000• +/- 17,200 SF warehouse
• +/- 2,000 SF of second floor mezzanine/office
• +/- 1,500 SF office area
• Heavy 3 phase power
• Three (3) oversized grade level doors (16' x12')
• Interior loading platform w/ elevator
• New Twin T roof
• Hurricane shutters
• 21' clear ceiling height
FL #SL674519
954.448.8531
FL #SL3245917
305.509.0412
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
STEVE [email protected]
859.264.0888
• Located at the interchange of Winchester Road and New Circle Road
• Income producing property with modified gross leases in place
• Contains multiple tenants with 2-6 year lease terms
1591 Winchester RoadLEXINGTON, KY
1,350,000
RETAIL
SVN | StoneCommercial Real Estate
48, 151 SF
8.0%
28.00
Sale Price $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
KEN RHINEHART
626-335-5217
JON SOROKOWSKI
• 2 years from list to close
• Started as a long-term ground lease
• Record price - $44/SF for land
• Sold to STNL developer
• Freeway visibility
QSR Development SiteBARSTOW, CA
35,200 SF
44.00
N/A
1,550,000
SVN | Renaissance Commercial
RETAIL
SVN | RichInvestment Partners
BRE#01803010
BRE#01079670
© 2016 SVN International Corp.
NEW INVENTORY
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© 2016 SVN International Corp.
NEW INVENTORY$69,283,000
BUY-SIDE COMMISSION$1,290,575
NEW INVENTORY FINANCIAL SUMMARY
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Online Auction: 12/5 - 12/7
• Minimum Bid: $850,000
• Buyer's Premium: 6%
• Buy Side Fee: 2% of highest bid
• Approx. 3 Acres
• Currently operating flower and garden shop: 5 greenhouses; retail store; nursery; brick yard and 50' x 120' pole building
• Zoning Class F / Light Manufacturing
• Income producing billboard
• Located on one of the busiest corners in Michigan’s Upper Peninsula
• Pre-Auction bids highly encouraged
Commercial OpportunityESCANABA, MI
Approx. 3 Acres
N/A
N/A
850,000 min. bid
SVN | AuctionWorks
RETAIL
847.509.2757
DIANA [email protected]
17,000 or more
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Bank Owned
• Total Building Size: Approx. 30,454 SF
• Lot Size: Approx. 2.65 Acres
• Showroom Size: Approx. 27,954 SF
• Warehouse Size: Approx. 2,500 SF
• Loading Docks: 2
• Zoning: B2
• Located at the northeast corner of Algonquin Road (IL 62) and Ryan Parkway
1600 East Algonquin RoadALGONQUIN, IL
RETAIL
Approx. 30,454 SF
N/A
1,100,000
22,000
SVN | AuctionWorks
Copyright 2014 SVN AuctionWorks
36.12
847.509.2757
DIANA [email protected]
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• $4,500,000 w/ furniture store business including inventory
• One story retail strip center
• Fully leased
• NOI $216,615.24
• 4 tenant spaces, each with individual HVAC and separately metered
• Anchor tenants include Dollar General Store (Approx. 9,100 sf) and Napa Auto Parts (Approx. 5,490 sf)
• Zoning: B-1
• Located in Trail Creek, Indiana in the Evergreen Business Center
2036-2054 East US Hwy 20MICHIGAN CITY, IN
RETAIL
Approx. 40,000 SF
87.50
3,500,000
70,000
SVN | AuctionWorks
N/A
847.509.2757
DIANA [email protected]
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
8244 West US 20MICHIGAN CITY, IN
LAND
Approx. 67 Acres
N/A
N/A
5,500,000
110,000
• 4 Parcels Zoned: R3A & B2
• All utilities are located off of U.S. 20 or Pahs Road
• Located in Michigan City, Indiana (Unincorporated LaPorte County)
• Ideal retail development site
SVN | AuctionWorks
847.509.2757
DIANA [email protected]
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
1710 Farmersville Blvd.FARMERSVILLE, CA
LAND
9.4 Acres
N/A
N/A
1,300,000 • Zone General Commercial and is annexed to the City of Farmersville, CA
• Adjacent to to a RiteAid and other retail tenants such as Auto Zone, Dollar Tree, Jack In The Box and Family Dollar
• Located at the corner of Farmersville Blvd. and Walnut Ave.
SVN | MJMand Associates, Inc.
559.222.9909
MARK MIMMS
BRE #00634344
39,000
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
1502 Yosemite Ave.MADERA, CA
RETAIL
18,000 SF
N/A
7.9%
5,263,000 • Valero Retail Center
• Purchase Price includes the existing businesses for the Valero Service Station and the convenience store
• Property consists of the following:• Valero Service Station with four dispensers• Convenience store• Five bay coin-operated car wash• Leased retail building• Recycling building• Drive-thru for fast food
SVN | MJMand Associates, Inc.
559.222.9909
MARK MIMMS
BRE #00634344
131,500
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
THOMAS [email protected]
• “Build Ready” with all city utilities present
• A+ topography
• Surrounded by dense retail, the Anderson Civic Center and the Anderson Mall
• Direct access to Clemson Blvd. via Country Club Lane
TR A Civic Center Blvd.ANDERSON, SC
LAND
+/-34.9 Acres
N/A
1,500,000
52,500
SVN | BlackStream
N/A
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
JON SOROKOWSKIBRE#01079670
• Net Leased Investment
• Recently renovated in 2013
• Corporate long term lease
• Centralized location
9185 MagnoliaRIVERSIDE, CA
RETAIL
9,997 SF
214.06
7.01%
2,140,000
64,200
SVN | Renaissance Commercial
951.206.7077
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
BRIAN [email protected]
404.900.8557
6 Mobile home parks: 1. 108 & 110 Boggs Drive - 21 total
MHP lots, includes a Triplex; 3.51 acres
2. 406 Dardouk Drive - 11 total MHP lots, includes a 1300 SF house; 2.06 acres
3. Golden Corner Drive - 8 total MHP lots, 4 Mobile homes in place at the moment; 0.5 acres
4. 625 Taylor Street - 3 total MHP lots; 0 .86 acres
5. Hane Circle - 8 total MHP lots; 0.9 acres
6. 204 Park Circle - 25 total MHP lots, 2 homes on property; 6.7 acres
MHP PortfolioSENECA, SC
MULTI FAMILY
74 Acres
N/A
13%
2,275,000
79,625
SVN | CrevistonRealty, Inc.
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
KYLE KENNEDY, CAM
• Minutes from Uptown Charlotte
• 51 Units
• Rental Upside
• 74 East Widening and Improvement Project under way
• Recent improvements
5822 Cedars East CourtCHARLOTTE, NC
MULTI FAMILY
43,335 SF
66.00
8.6%
2,860,000
71,500
SVN | Commercial Real Estate Advisor
704.892.5653
704.892.5653
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
ZACHARY [email protected]
• NNN Sale-Leaseback
• Strong demographics
• Out lot to Walmart, Kohl's, and HH Gregg
• Less than 1 mile from Bridgewater Falls Mall
• Over $2 million in annual revenue
• About 25,000 cars per day on Princeton Rd.
3111 Princeton Rd.HAMILTON, OH
RETAIL
4,838 SF
609.76
6.92%
2,950,000
59,000
SVN | RICORE Investment Management, Inc.
513.588.1139
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
J. SCOTT [email protected]
ROSS [email protected]
214.207.9925
• Equity Investment Opportunity
• Target completion: Aug. 2nd 2018
• Mixed-use: 338 apartments + 40,000 GLA (Lifestyle Retail)
• Only city in Texas with no city property taxes
• Demographics: $125k median HH income (3rd wealthiest in Fort Worth)
• Located in growth corridor West of Fort Worth - 20 minutes from downtown
• Neighboring $6B Fort Worth master-planned community
• Excellent frontage on I-20 (70,000 VPD)
• Project recently appraised at $68M
Creekside at Hudson OaksHUDSON OAKS, TX
357,882 SF
153.00
N/A
3,000,000
90,000
SVN | Dunn Commercial
MULTIFAMILY
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
ASHLEY [email protected]
J. CHRIS [email protected]
• Value-add center
• Priced significantly below replacement cost
• Possible outparcel to be added
• Walmart Shadow Anchored
• Existing national retail tenants
12634 US Highway 301DADE CITY, FL
RETAIL
75,155 SF
40.58
N/A
3,050,000
76, 250
SVN | Florida Commercial Real Estate Advisors
941.961.7109
888.892.9890
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
HARRY FOTINOS BRE#01123009
DARRELL HOOVERBRE# 00700687
• Approved tentative map for 121 Units
• Detached single family home
• Average lot size 3,855 SF
• Price per entitled lot $41,322
• Proforma finished lot $120,000
• Seven plans featuring Spanish, Tuscan and Cottage Architecture
• Located near major industrial park
and job centers
• Will provide buyer with ability to deliver affordable homes
• Target price range of high $200,000's to mid $300,000's
• Home sizes ranging from 1,400 SF to 2,696 SF
• The approved plan includes a community pool and 1,700-SF clubhouse
24939 Cactus AvenueMORENO VALLEY, CA
LAND
15.92 Acres
N/A
5,000,000
150,000
SVN | Renaissance Commercial
N/A
619.206.2655
949.423.6990
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
WILLIAM [email protected]
803.331.1034
STEPHEN [email protected]
864.637.9302
• 382 total units
• 72 outdoor RV/boat spaces
• 4 convenient locations
• Value Add with additional acres
• Turn Key operation with management in place
• 12x14 doors
• Neighbors Lake HartwellN/A
N/A
N/A
5,300,000
106,000
SVN | BlackStream
SPECIAL PURPOSE
Caribbean StorageTOWNVILLE, SC
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Opportunity to purchase below replacement cost
• Management play to increase occupancy from 60% to the comparable average of 91%
• Pro forma: 13.5%
• Loan assumption at 4.785% with refinance in year 3
• Rebounding oil prices offer high upside
• Highly visible locations (31,890 VPD)
222 North Dixie BoulevardODESSA, TX
MULTI FAMILY
100 units
67.23
7.6%
5,600,000
56,000
SVN | TJF Investments
SHAN [email protected]
972.402.5595
Price $
Buy Side Fee $
Size
$ /SF
Cap
*For qualified transactions, 50% of the gross commission to the buy side.
50% OF THE COMMISSION | 100% OF THE T IME* | THE SVN DIFFERENCE
PROPERTY HIGHLIGHTSPROPERTY DETAILS
© 2016 SVN International Corp.
• Excellent unit mix – 8% 1-bedroom, 24% 2-bedroom, 50% 3-bedroom, 18% 4-bedroom
• Opportunity to purchase below replacement cost
• Management play to increase occupancy from 59% to comparable average of 93%
• Loan assumption at 5.05% with refinance in year 3
• Rebounding oil prices offer high upside
• Value add opportunity through RUB implementation
Dixie Square and WindgateMIDLAND/ODESSA, TX
MULTI FAMILY
196 units
73.83
5%
9,600,000
96,000
SVN | TJF Investments
SHAN [email protected]
972.402.5595
www.svn.com
PAGE |
© 2016 SVN International Corp.
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Please visit www.svn.com for more information on the properties featured on today’s call and
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WEEKLY PROPERTY BROADCAST