SVN Live 01.31.22 Weekly Property Broadcast
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The document provides an overview of economic updates and property transactions, including recent construction spending trends showing slight growth. It highlights several property sales across various states, detailing sale prices, sizes, and specific transaction highlights, demonstrating SVN's successful brokerage activities. Additionally, it emphasizes SVN's commission structure and commitment to client support throughout the buying process.
SVN Live 01.31.22 Weekly Property Broadcast
- 3. www.SVN.com Economic Updates Provided by ○ Monthly construction spending grew slightly in November 2021 from the month prior, according to the Census Bureau’s January 3rd, 2022 update. Total spending was estimated at a seasonally adjusted annualized rate of $1.63 trillion, slightly above October’s $1.62 trillion. ○ November’s annualized estimate stands 9.3% above November 2020’s figure of $1.49T. ○ Private construction spending rose 60 basis points month-over-month, with residential construction rising by 90 basis points and non-residential construction rising by 10 basis points. CONSTRUCTION SPENDING
- 5. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $1,200,000 12,265 SF $98 INDUSTRIAL | 635 W GLENROSA AVE | PHOENIX, AZ ○ Multi-tenant industrial property in the trendy Melrose district of Phoenix ○ Buyer will be doing an adaptive re-use project with a handful of mixed-use tenant spaces ○ Repeat client ○ Quick 4 month close for a land deal with extensive rezoning work needed ○ Financed with a bridge loan and will be refinanced with an SBA loan ○ 12,265 SF facility with lot of 0.54 acres ○ In place cap rate of 6.9% SVN | Desert Commercial Advisors CARRICK SEARS, CCIM, MBA carrick.sears@svn.com 480.425.5529 6.9%
- 6. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,365,000 4,900 SF $279 MARINA | RIVER BEND MARINA | NEW BERN, NC ○ Sold as vacant Marina Restaurant & Bar ○ SVN | Efird sourced deal after being on the market for over 5 years with various RE firms ○ SVN | Efird re-engaged with a buyer that fell through due to COVID-19 ○ Sold to successful restaurant owners in Eastern NC SVN | Efird Commercial Real Estate JOSH TAYLOR josh.taylor@svn.com 252.670.9590 FRANK EFIRD JR. frank.efird@svn.com 910.200.0037
- 7. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,400,000 7,209 SF $194 RETAIL | 353 W DRAKE ROAD | FORT COLLINS, CO ○ Buyer purchased site for an investment to lease up space as work out, office or possibly retail ○ Great location near Colorado State University ○ Large traffic counts in center of Fort Collins SVN | Denver Commercial BILL REILLY bill.reilly@svn.com 970.488.3193
- 8. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,800,000 47,074 SF $38 INDUSTRIAL | 4360 & 4420 OLD DIXIE HIGHWAY | VERO BEACH, FL ○ Buyer manufactures 5G poles ○ Buildings (2) are infested with termites, and the roof leaks ○ But, it has natural gas and heavy power ○ SOLD! SVN | Commercial Realty LES BYRON, CCIM, SIOR les@svncr.com 954.401.4713 KEITH KIDWELL, CCIM, SIOR keith@svncr.com 954.234.8777 STEVE DAVIS steve@svncr.com 954.650.7824
- 9. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $7,500,000 106,000 SF $71 RETAIL | 300 MENAUL BLAVD NW | ALBUQUERQUE, NM ○ Mixed use project containing retail, office, warehouse and self-storage ○ Purchased by a local developer ○ Brought property to 92% occupied ○ Difficult transaction, perseverance and determination made it happen SVN | Walt Arnold Commercial Brokerage, Inc. PAUL COOK paul.cook@svn.com 505.503.2630 STEVE LYON steve.lyon@svn.com 505.934.9994 8.68%
- 12. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Cap SFR PORTFOLIO | 42 HOME BFR | AUSTIN, SAN ANTONIO, HOUSTON, TX Subjec to Offer 1.5% 42 units ○ Visit www.SFRhub.com and search for portfolio 100970 for more information ○ 42 homes located in three highly desired Texas metro areas ○ 20 of the homes are in the Presidential Heights community in Manor, Texas, and have access to resort-style amenities ○ 15 homes are located in the Kingsland Heights neighborhood in Brookshire Ave. ○ Average projected monthly rent of $2,098 ○ Projected NOI of $526,724 TOM JOHNSTON tom.johnston@svn.com 602.825.1780 SVN | SFRhub Advisors MICHAEL FINCH michael.finch@svn.com 480.797.9825 GERARD PASTRANO, CCIM gpastrano@svn.com 210.354.0400 SVN | Pastrano Commercial Real Estate 3.77%
- 13. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 355 HOME SFR PORTFOLIO | SoCAL/IMPERIAL COUNTY, CA $109,778,552 $548,893 355 units ○ Visit www.SFRhub.com and search for portfolio 100930 for more information ○ Opportunity to be the most significant landlord in a growing market ○ Very limited Cap-Ex with largely new construction or recently constructed homes ○ Homes in close proximity for efficient management ○ Stabilized year 1 NOI with rent increases at $4,449,895 ○ Located in Imperial CountySouthern California ○ 200 additional BFR land parcel available 4.05% $309,235 TOM JOHNSTON tom.johnston@svn.com 602.825.1780 SVN | SFRhub Advisors MICHAEL FINCH michael.finch@svn.com 480.797.9825 JOE BONIN CalDRE #00801397 joe.bonin@svn.com 619.442.9200 SVN | Vanguard
- 14. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF OFFICE | 1304 MACOM DRIVE | NAPERVILLE, IL $1,250,000 $31,250 7,252 SF ○ Single story office & medical building available for sale & lease ○ Located in DuPage County ○ Excellent location with monument signage $172 SVN | Chicago Commercial JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 NATHALIE FISHER nfisher@svn.com 312.414.0602 OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JAMES MEAD, CCIM james.mead@svn.com 312.676.1871
- 15. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF OFFICE | 715 ELA RD | LAKE ZURICH, IL $1,250,000 $31,250 14,130 SF ○ Three-story, multi-tenant office/medical building with an elevator ○ Conveniently accessible from Route 12 & Route 22 ○ 4/1,000 parking ratio ○ Professionally managed $88 SVN | Chicago Commercial NATHALIE FISHER nfisher@svn.com 312.414.0602 OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 JAMES MEAD, CCIM james.mead@svn.com 312.676.1871
- 16. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF OFFICE | 605 E ALGONQUIN RD | ARLINGTON HEIGHTS, IL $2,250,000 $56,250 31,108 SF ○ Multi-tenant, medical and office building available for sale ○ Excellent location ○ Highly visible office building located directly on Algonquin Road ○ Less than a 1/2 mile from I-90 Expressway and full interchange ○ Abundant parking and easy access $72 SVN | Chicago Commercial NATHALIE FISHER nfisher@svn.com 312.414.0602 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JAMES MEAD, CCIM james.mead@svn.com 312.676.1871
- 17. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre LAND | 2020 TOWER ROAD | AURORA, CO $1,750,000 $52,500 1.91 acres ○ Preliminary entitlements in place for RV storage with 97 spaces ○ Existing shop and converted house/office ○ Fully fenced corner lot with two property access points ○ Most institutionally owned industrial submarket in the Denver Metro $916,230 JEFF HEINE jeff.heine@svn.com 303.937.4492 SVN | Denver Commercial BILL REILLY bill.reilly@svn.com 970.488.3193
- 18. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF INDUSTRIAL | 1150 W 5TH AVE | DENVER, CO $2,975,000 $89,250 21,652 SF ○ Great location off 6th Avenue and Kalamath St. in heart of Denver ○ Close access to all major highways (I-25, I-70, I-76 etc...) ○ Current tenant revenue streams ○ Potential for an owner-occupancy ○ Major redevelopment in neighborhood SVN | Denver Commercial BILL REILLY bill.reilly@svn.com 970.488.3193 JEFF HEINE jeff.heine@svn.com 303.937.4492 $137
- 19. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF MULTIFAMILY | 1737-1739 IRVING STREET | DENVER, CO $6,950,000 $139,000 13,200 SF ○ Well-maintained and recently renovated building ○ Highly visible location in busy commerce area ○ Strong cash flow from long-term secured tenants ○ Ample parking {+48 car} with convenient roadway access ○ Six units with multiple stable tenants $527 SVN |Denver Commercial BILL REILLY bill.reilly@svn.com 970.488.3193
- 20. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap MIXED-USE | 3937 NORTH LINCOLN AVENUE | CHICAGO, IL $1,900,000 $38,000 4,920 SF ○ Fully occupied mixed use building ○ Corner location ○ New construction for residential units ○ Long term commercial lease with established tenant SVN | Chicago Commercial MARCUS SULLIVAN msullivan@svn.com 312.756.7357 JIM MARTIN jmartin@svn.com 312756.7356 7.59% $386
- 21. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre MULTIFAMILY | 18282 COASTAL HWY | LEWES, DE $2,200,000 $66,000 1.45 acres ○ 1.45 acres zoned C-1 commercial ○ 9 existing weekly rental units ○ Prime location & high traffic counts ○ 106 ft of frontage on Rt 1 ○ Income opportunity or redevelopment SVN | Miller Commercial Real Estate JOHN MCCLELLAN, CCIM, SIOR john.mcclellan@svn.com 410.543.2428 KELLY JETER kelly.jeter@svn.com 410.543.2440 $1,517,241
- 22. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF LAND | 1222 N BEACHWOOD DR | LOS ANGELES, CA $2,300,000 $46,000 6,752 SF ○ Proposed development for 11 units: 8 (market rate): 2 (1+1), 1 (2+2), 5 (3+3) AND 3 (low income): 2 (1+1), 1 (2+2) ○ Estimated gross area of proposed development: 11,083 SF (proposed architectural set, schematics, etc. available upon request) ○ Walk score: 89 (very walkable) and located In opportunity zone ○ Proposed parking: 14 and proposed bicycle parking: 24 SVN | Rich Investment Real Estate Partners ALEJANDRO HINOSTROZA CalDRE #01853793 alejandro.hinostroza@svn.com 818.606.0244 MICHAEL CHANG CalDRE #01880895 michael.chang@svn.com 310.903.4967 $341
- 23. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre Cap RETAIL | 1192 NM 333 | TIJERAS, NM $3,250,000 $97,500 4.16 acres ○ Profitable travel center that is able to accommodate large semi trucks. ○ Extremely high traffic count due to Interstate 40 ○ 8 pumps which allow 16 vehicles to simultaneously fill ○ On site cell phone tower for additional income ○ Package liquor license ○ On site semi truck parking SVN | Walt Arnold Commercial Brokerage, Inc. TIM LUTEN tim.luten@svn.com 505.620.2259 KYLE KINNEY kyle.kinney@svn.com 505.239.0612 6% $781,250
- 24. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap RETAIL | 109 & 133 CORPORATION STREET | HYANNIS, MA $4,200,000 $105,000 23,784 SF ○ Well-maintained and recently renovated building ○ Highly visible location in busy commerce area ○ Strong cash flow from long-term secured tenants ○ Ample parking {+48 car} with convenient roadway access ○ Six units with multiple stable tenants 6% SVN |Safe Haven Advisors $177 BILL LYONS bill.lyons@svn.com 781.588.7966 MIKE HOWELL mike.howell@svn.com 617.270.4905
- 25. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre LAND | 1985 SENSENY RD | WINCHESTER, VA $5,287,000 $185,045 11.04 acres ○ Pad ready sites available for ease of development ○ Pads are centrally located adjoining Orrick Shopping Center ○ Strong co-tenants in the market ○ Senseny Rd is a corridor of growth, easy access to Rt.#7 and Rt.#50 SVN | Commercial Specialists JOHN COONTZ john.coontz@svn.com 540.535.0808 $478,895
- 26. 50% OF THE COMMISSION | 100% OF THE TIME* | THE SVN DIFFERENCE *For qualified transactions, 50% of the gross commission to the buy side. All SVN® offices are independently owned and operated. © 2021 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre Cap WINERY | 1 SOUTH ARBOR ROAD | ABERDEEN, WA $6,100,000 $152,500 21.36 acres ○ Operational winery with over 40 award-winning wines ○ 15 acres of beautifully landscaped gardens on a 21 acre parcel halfway between Westport and Aberdeen, WA ○ Comprised of 9 buildings including a distillery, a Mermaid Museum, a full restaurant with a tasting room and gift shop, wine production building, wine cellar with an attached apartment, two homes, horse barn, and indoor pool and spa 7.9% SVN |Retter and Company $285,581 TAYLOR GIBBONS taylor.gibbons@svn.com 509.939.1741
- 27. THANK YOU for joining us!
- 28. 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. DISCLAIMER This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. All SVN® offices are independently owned and operated.