SVN Live 1.23.23 Weekly Property Broadcast
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The document outlines key economic updates affecting commercial real estate, including a fiscal year 2023 appropriations bill that increases funding for housing development and assistance programs. It features detailed transaction highlights of various properties across the U.S., including sale prices, sizes, and specific attributes of each property. Additionally, it discusses commission structures and the support provided to sellers throughout the transaction processes.
SVN Live 1.23.23 Weekly Property Broadcast
- 3. www.SVN.com Economic Updates Provided by ○ At the end of 2022, Congress successfully passed its fiscal year 2023 spending bill, which included, among others, several provisions that may impact commercial real estate development. ○ While absent of significant tax implications, the bill includes a 10.6% increase in funding for the Department of Housing and Urban Development, with much of the increase funding additional tenant-based rental assistance in the form of housing assistance and housing choice vouchers. ○ The bill also provides funding to cover the renewal of all existing contracts utilizing its Project-Based Rental Assistance program and a massive 24.2% increase in the Community Development Fund (CDF). ○ Within CDF funding includes $85 million for a new program, “Yes In My Back Yard” which incentivizes housing development by reducing exclusionary policies, including zoning and density restrictions. FY 2023 Appropriations Bill
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price No. of Units Price/Unit Cap Confidential 30 units GOLF & RESORT | 7353 HORSESHOE BAY RD | EGG HARBOR, WI ○ The Shallows Resort- 4 picturesque acres with 400 feet of private shoreline on Lake Michigan ○ Located in popular vacation area - Door County, WI ○ Mix of motel rooms, cottages and townhomes with additional amenities, very strong occupancy with repeat customers ○ Family owned and operated which will continue with the new owners N/A SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 12.52%
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,000,000 9,600 SF INDUSTRIAL | 220 BIG RUN ROAD | LEXINGTON, KY ○ 100% occupied flex investment sale ○ One of multiple properties that SVN has been able to assist the seller on ○ Frozen pipes burst in one of the units during the closing period ○ A tenant left in the middle of the marketing process ○ SVN advised the seller through both obstacles and assisted in re-tenanting the space for the new owner prior to closing $104 SVN | Stone Commercial Real Estate NEAL METCALFE neal.metcalfe@svn.com 859.312.8069 HARRISON LANE harrison.lane@svn.com 859.537.1051
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $1,250,000 23.08 acres INDUSTRIAL LAND | 725 MT. OLIVE RD | TOMS BROOK, VA ○ South East corner of I-81 and mile market 291 ○ Nine miles to north is confluence of I-81 & I-66 main interstate to DC ○ Only 20 miles from Inland Port ○ Situated midway between Strasburg to North and Woodstock to South $54,159 SVN | Commercial Specialists JIM GUISEWHITE jim.guisewhite@svn.com 540.535.0808
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $1,350,000 513 acres LAND | SE SHAW ROAD (SE PARKER RD) | MAYO, FL ○ Perfect for timber production, recreation, or a rural homesite ○ Great hunting tract and is home to deer and turkeys ○ This future recreational and timber investment property has multiple land uses $2,632 SVN | Saunders Ralston Dantzler JOHN A. “TONY” WALLACE, CF tony.wallace@svn.com 352.538.7356 MATTHEW SIMPSON matthew.simpson@svn.com 352.317.8932
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $37,555,061 12,712 acres LAND | BURBANK ROAD | FT. MCCOY, FL ○ Gooski Timberlands features high-quality Marion County forest land, picturesque prairie lakes, and plenty of recreational opportunities ○ Boasting some of the most productive timber-growing soils in Florida, there are 873 acres of merchantable pine plantations on the tract, plus hundreds of acres of natural pine and hardwoods $2,954 SVN | Saunders Ralston Dantzler DEAN SAUNDERS, ALC, CCIM dean@svn.com 863.774.3522 JOHN A. “TONY” WALLACE, CF tony.wallace@svn.com 352.538.7356 GREG DRISKELL greg.driskell@svn.com 386.867.2736 DUSTY CALDERON dustyc@svn.com 407.908.9525
- 10. 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price No. of Units Price/Unit $1,365,000 6 units MULTIFAMILY | 1317 W ERIE STREET | CHICAGO, IL ○ Unbeatable West Town location ○ 2020 gut renovation ○ In contract in under 2 weeks ○ 6 tours, 4 offers ○ Sold at highest offer & all-cash $227,500 SVN | Chicago Commercial PAUL CAWTHON paul.cawthon@svn.com 312.676.1878 ANGELO LABRIOLA angelo.labriola@svn.com 312.676.1870
- 11. 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $6,575,000 7,200 SF LAND | 1020 W LAKE STREET | CHICAGO, IL ○ Prime Fulton Market development site ○ Transit oriented development planned ○ Desirable corner site 1 block from train station $913 SVN | Chicago Commercial SCOTT MAESEL scott.maesel@svn.com 312.676.1860 DREW DILLON drew.dillon@svn.com 734.223.2315 ADAM THOMAS adam.thomas@svn.com 847.219.6383 CHAD SCHROEDL chad.schroedl@svn.com 619.818.3480 LOGAN PARSONS logan.parsons@svn.com 262.903.8417
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $1,500,000 2,030 SF OFFICE | 1490 LINCOLN STREET | SANTA CLARA, CA ○ Freestanding office building ○ Well located near retail amenities ○ Excellent exposure along major thoroughfare ○ Sold to an owner-user buyer ○ All cash transaction $739 SVN | Capital West Partners ROBIN SANTIAGO. SIOR, CCIM robin.santiago@svn.com 408.601.0049
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $1,600,000 13.37 acres LAND | 2580 LYNN AVE | MILLERSPORT, OH ○ Residential development land located on Buckeye Lake ○ The project was underwritten by buyers in 6 months with help of the seller ○ Development will consist of 80 unit condo development with lake views $119,671 SVN | Wilson Commercial Group, LLC SETH ASMAN seth.asman@svn.com 614.747.2052 KRISTEN ASMAN kristen.asman@svn.com 614.370.9077
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $2,750,000 37,719 SF LAND | 1700 W ORANGETHORPE AVE | FULLERTON, CA ○ All cash offer ○ Two week escrow period ○ Buyers plan to build a church on the property $73 SVN | Vanguard SOPHIA MEHR CalDRE 02024106 sophia.mehr@svn.com 949.303.7865 CAMERON IRONS CalDRE 01176224 cirons@svn.com 714.446.0600 JOSEPH KIM CalDRE 01463895 joseph.kim@svn.com 949.303.7868
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $3,170,000 22,500 SF RETAIL | 58146 29 PALMS HWY | YUCCA VALLEY, CA ○ Buyer purchased and will operate the bowling alley ○ Buyer purchased the property with exchange funds and new capital for the business ○ Seller provided long term financing for the deal to make sense $141 SVN | Vanguard JON DAVIS CalDRE 01885959 jon.davis@svn.com 949.558.0302
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $3,500,260 900 SF RETAIL | 9020 TELEGRAPH DR | FULLERTON, CA ○ Short term sale-leaseback deal sold over asking price ○ Buyer will entitle the site and redevelop in 2+ years ○ Seller is completing a 1031 exchange out of state $3,889 SVN | Vanguard JON DAVIS CalDRE 01885959 jon.davis@svn.com 949.558.0302
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Lease Value Lease Terms Size $3,065,922 10 years RESTAURANT | 6280 SIEGEN LANE | BATON ROUGE, LA ○ Represented Juicy Seafood in this transaction ○ 8,000 SF space that was originally going to be 4 retail suites, will be transformed into 1 restaurant space ○ Coming Fall 2023! 8,000 SF SVN | Toomey Property Advisors KATELEIGH CALLOWAY kateleigh.calloway@svn.com 205.937.2299 HANNA MILLETTE hanna.millette@svn.com 251.605.2044 JUSTIN TOOMEY justin.toomey@svn.com 251.680.3663
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF Cap $4,800,000 68,000 SF INDUSTRIAL | 301 SE 4TH ST | MILFORD, DE ○ 8 year sale leaseback on 34,000 SF at $6.50 PSF NNN with annual increases ○ 34,000 SF delivered vacant ○ Zoned I-2 limited industrial ○ Conveniently located between Rt 113 and Rt 1 ○ Cap rate is based on pro forma income $71 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 8.03%
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $5,250,000 20,000 SF INDUSTRIAL | 3081 W MCNAB ROAD | POMPANO BEACH, FL ○ 20,000 SF on 2 acres, mostly paved ○ Buyer was procured in December of '21 but seller would not close for 12 months due to tax reasons ○ Structured a lease to purchase so the buyer could occupy and pay seller’s carry costs ○ SVN carried the torch! $263 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
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/Acre $7,000,000 13.5 acres INDUSTRIAL | 10808 N PERRY ST | SPOKANE, WA ○ Property consists of 47,428 SF of warehouse, office, and indoor and outdoor storage ○ Multi-building facility was constructed between 2009 and 2016 $518,519 SVN | Cornerstone JOHN HILLIER john.hillier@svn.com 509.939.8094
- 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. © 2023 SVN International Corp. Property Details Transaction Highlights Sale Price Size Price/SF $10,000,000 99,500 SF INDUSTRIAL | 5981 TENNYSON ST | ARVADA, CO ○ Tenant bought the property they were occupying for over 20 years ○ Buyer is a wholly owned subsidiary of a German firm with 1800 employees over 80 countries ○ Buyer manufactures and installs car wash componentry for all the 7-11's and Circle K stores in the US ○ Cost of downtime, specialty needs for buildout, and decommissioning cost all drove a stay- in-place strategy ○ Pricing at about $100 PSF is competitive in the market and allows investment room for improvements $101 SVN | Denver Commercial BRIAN MCCRIRIE brian.mccririe@svn.com 720.893.2834 STEVE KAWULOK steve.kawulok@svn.com 720.773.8695
- 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ Subject to Offer .75% 42 acres ○ One of the premier locations in Southwest Florida ○ Near the Interstate 75 and Laurel Road Interchange ○ The highway accessibility and newly constructed state of the art hospital has made this corridor a magnet for residential and commercial growth ○ Fantastic income and educational demographics of the residents in the immediate area SVN | Commercial Partners RON ZEIGLER ron.zeigler@svn.com 941.350.9636 ASHLEY BLOOM ashley.bloom@svn.com 941.961.7109 LAND | NORTHEAST CORNER OF KNIGHTS TRAIL & GENE GREEN ROAD | VENICE, FL
- 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ Dynamic 1.25% Dynamic ○ Visit www.SFRhub.com and search for portfolio 101046 for more information ○ Due to the properties being built to current building code requirements, insurance premiums are much lower than older construction homes ○ With the properties being brand new there will be zero deferred maintenance- ○ Historically, our new construction homes have seen longer tenancies and lower credit loss ○ Mike McMullen & Associates - Mike McMullen - sales@mmasells.com SVN | SFRhub Advisors TOM JOHNSTON tom.johnston@svn.com 602.825.1780 TIM ORSCHELN tim.orscheln@svn.com 480.291.4330 SFR PORTFOLIO | DYNAMIC HOME BFR INVESTMENT PORTFOLIO | ALABAMA
- 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $6,771,000 $33,855 15 units ○ Visit www.SFRhub.com and search for portfolio 101416 for more information ○ 15 well-located Build-for-Rent townhomes located within 5 communities ○ Gated community with two garages per home available ○ Exceptional opportunity in high rent growth sub-market ○ Houston is ranked 40 of the top 99 rent growth markets in the country ○ Seller is a highly experienced developer/builder with 25 years of experience headquartered in Houston, TX SVN | SFRhub Advisors MICHAEL FINCH michael.finch@svn.com 480.797.9825 TOM JOHNSTON tom.johnston@svn.com 602.825.1780 SFR PORTFOLIO | 15 HOME BFR INVESTMENT PORTFOLIO | HOUSTON, TX 5.68% $451,400 SVN | J. Beard Real Estate Company - Greater Houston JEFF BEARD jeff.beard@svn.com 281.814.9928
- 27. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $1,000,000 $25,000 10,454 SF ○ Industrial warehouse on 30,000 SF lot ○ Fenced yard space for parking and storage ○ Includes two (2) free-standing warehouse buildings ○ Ideal for contractor, wholesaler, or automotive related user ○ Centrally located in the core of Spokane Valley's Industrial hub SVN | Cornerstone OMAR SADAOUI omar.sadaoui@svn.com 509.601.0695 NATE GANT nate.gant@svn.com 509.993.4440 INDUSTRIAL | 5209 E RAILROAD AVE | SPOKANE, WA $96
- 28. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF SVN | Wilson Commercial Group, LLC SELF STORAGE | 1245 HUNTSVILLE ROAD | MOBERLY, MO $1,200,000 $32,400 23,480 SF ○ 3,024 VPD traffic count on Huntsville Road; 11,293 on Hwy 24 ○ Part of Columbia MO metropolitan area, population density: 71,394 ○ 3 mile population density: Moberly: 12,302 ○ 100% 5 star reviews ○ Expansion capabilities for both storage and parking ○ Limited competition for the population in the area (~5 sf per person) $51 KRISTEN ASMAN kristen.asman@svn.com 614.370.9077 MELANIE WOLLENBERG, CCIM melanie.wollenberg@svn.com 614.778.6383 SVN | Lord Partners KURT LORD kurt.lord@svn.com 314.862.5566
- 29. 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. © 2022 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre $4,015,000 $120,450 73 acres ○ Rare 73 AC SE OH development/gas & oil tract ○ Ethane Cracker Plant planned 20 minutes from site/ 10,000 construction jobs, 3,000 permanent jobs ○ Dubbed East Ohio’s “Miracle Mile” ○ Shadowed by successful regional mall & power center including Kroger, Walmart, Lowes ○ Market indicates need for MF & SF housing, flex office, hotels ○ Commons Mall Crossing connects through the site to the regional mall, BW 3’s, hotels ○ Senior Suites at St. Clair Commons open/120 room facility $55,000 LAND | COMMONS MALL CROSSING | ST. CLAIRSVILLE, OH SVN | Wilson Commercial Group, LLC MELANIE WOLLENBERG melanie.wollenberg@svn.com 614.778.6383 DOUG WILSON doug.wilson@svn.com 614.747.2052
- 30. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $1,500,000 $30,000 16,488 SF ○ 90% occupied medical/office building ○ 2023 NOI: $120,629 ○ New water system (2021) ○ New monument signage (2021) ○ Parking lot resurfaced and restriped (2021) ○ 50% of the building has been updated to LED (2021 & 2022) ○ Value-add leasing; 1,900 SF remaining vacancy SVN | Summit Commercial Advisors NICHOLE BOOKER, PhD nichole.booker@svn.com 330.475.5500 JENNA THARP jenna.tharp@svn.com 231.633.1642 OFFICE | 754 S CLEVELAND AVE | MOGADORE, OH 8.04% $91
- 31. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,100,000 $10,500 57 units ○ Purchased in 2021 (add-on to 250+ existing Akron portfolio) ○ Located in a small nook neighborhood overlooking Downtown Akron ○ 28 of 57 units needed updated/rehab - 20 complete & 8 unfinished ○ Rents on updated units average $170/mo increases ○ Rents on standard turns increased between $60-200/mo ○ Current rents remain 20% below market ○ Untapped historic tax credits and city tax abatement program; located in an opportunity zone SVN | Summit Commercial Advisors NICHOLE BOOKER, PhD nichole.booker@svn.com 330.475.5500 AARON DAVIS aaron.davis@svn.com 330.221.7297 MULTIFAMILY | 57-UNIT PORTFOLIO | AKRON, OH $36,842
- 32. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,180,000 $10,900 35 units ○ 35 Units - 13 properties ○ 2023 NOI: $177,037 ○ Last 2 unit renovations completed Jan 2023 ○ All units leased or rent ready with applications ○ Stabilized, cash flowing with significant rent upside (current rents - 15-30% below market) ○ All within a 3-mile radius (less than 9 min drive) ○ Portfolio acquired from 1992-2022 SVN | Summit Commercial Advisors NICHOLE BOOKER, PhD nichole.booker@svn.com 330.475.5500 AARON DAVIS aaron.davis@svn.com 330.221.7297 MULTIFAMILY | 35-UNIT WEST AKRON PORTFOLIO | AKRON, OH $62,286 8.1%
- 33. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $2,050,000 $61,500 25,932 SF ○ Secured Mini-Storage consists currently of 122 self-storage units and 28 open and RV parking spaces ○ The units have expandable walls and can be configured into 156 units ○ 98% occupied ○ 4.55 acres zoned IG (General Industrial District) ○ An additional 3-year lease of the back lot was recently executed for $2,300/month SVN | Menish Commercial Real Estate JONATHAN LAISE jonathan.laise@svn.com 502.475.9635 BILL MENISH bill.menish@svn.com 502.939.0399 SELF STORAGE | 3671 CORAL RIDGE ROAD | BROOKS, KY $79 5%
- 34. 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. © 2022 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre $2,250,000 $67,500 4.02 acres ○ 41,500 cars/day on US Route 1 ○ Proposed 76,000 SF, 3 stories with additional single story buildings ○ Competitors nearby are 95+ % occupied ○ Site allows for outdoor storage/RV & camper/boat storage ○ Site will be delivered fully entitled, but not permitted $559,701 LAND | 3415 S US HIGHWAY 1 | FORT PIERCE, FL SVN | Commercial Advisory Group MARY O’MALLEY mary.omalley@svn.com 941.960.6342 SVN | Commercial Realty NICK MALAGISI, SIOR nick.malagisi@svn.com 716.310.8314 SVN | Hardisty Commercial Realty HANS HARDISTY, MBA, CCIM hans.hardisty@svn.com 914.489.7909
- 35. 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. © 2022 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF $3,100,000 $77,500 38,800 SF ○ 38,800 SF (I-1) ○ 5,000 SF office/33,800 manufacturing space ○ +/- 2.63 acres - 19'9" clear height sloping to 13' eaves ○ 2 dock high doors with levelers ○ 2 grade level drive in doors ○ Heavy power (4,000 amps) $80 INDUSTRIAL | 2029 BUCK LANE | LEXINGTON, KY SVN | Stone Commercial Real Estate JOHN BUNCH, SIOR john.bunch@svn.com 859.433.8911
- 36. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $3,450,000 $94,875 14,600 SF ○ Paved concrete yard secured by 8' high reinforced cinder block wall and automatic security gate ○ 40 striped parking spaces around the perimeter of the building ○ Three 14'x14' insulated drive-in doors ○ 2,000 SF structural mezzanine for future office space (not included in SF) SVN | Denver Commercial JEFF HEINE jeff.heine@svn.com 303.937.4492 COREY MURRAY corey.murray@svn.com 303.548.2595 INDUSTRIAL | 1630 E 66TH AVE | DENVER, CO $236
- 37. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $4,400,000 $110,000 48,059 SF ○ Easy access to Interstate ○ Close proximity to port and airport ○ 40' clear height ○ Building sits on 21+/- acres SVN | The Martin Group ANDY MARTIN andy.martin@svn.com 812.573.3500 JERRY WARD, CCIM jerry.ward@svn.com 502.297.8797 CHRIS STUARD chris.stuard@svn.com 812.471.2500 STEVE MARTIN, CCIM, CPM steve.martin@svn.com 812.471.2500 INDUSTRIAL | 3615 KRAMERS LANE | LOUISVILLE, KY $92
- 38. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $4,535,000 $136,050 10.41 acres ○ 1550' of frontage ○ .5 miles from I30 ○ 12.8 miles from DFW International Airport ○ Busy area for current and future development SVN | Dunn Commercial JUSTIN MOREAU justin.moreau@svn.com 214.885.9436 COURTNEY STANFORD, CCIM courtney.stanford@svn.com 972.998.2361 LAND | 620-702 E PALACE PKWY | GRAND PRARIE, TX $435,639
- 39. 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. © 2022 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre Cap $5,500,000 $82,500 4.18 acres ○ Secure income from a NNN tenant ○ 4.18 acres with US HWY 1 frontage and the Indian River Lagoon ○ Permits to build a 96 slip marina ○ Priced with the marina completely restored ○ Flexible zoning with multiple uses ○ Visit www.SVNMarinas.com for more information 4% MARINA | 4399 N HIGHWAY 1 | MELBOURNE, FL SVN | Safe Haven Advisors DAVID KENDALL david.kendall@svn.com 561.723.8463 MIKE HOWELL mike.howell@svn.com 508.691.6050 SARAH DELANO sarah.delano@svn.com 703.309.3162 $1,315,789
- 40. 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. © 2022 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/Acre Cap $20,500,000 $307,500 4.2 acres ○ Secure income from NNN tenant ○ 100% occupied with waiting list ○ Multiple expansion possibilities ○ Minutes to the St Lucie Inlet (5.5 miles) ○ Hurricane rated building ○ Visit www.svnmarinas.com for more information 3% MARINA | 3321 NE INDIAN RIVER DR. | JENSEN BEACH, FL SVN | Safe Haven Advisors DAVID KENDALL david.kendall@svn.com 561.723.8463 MIKE HOWELL mike.howell@svn.com 508.691.6050 SARAH DELANO sarah.delano@svn.com 703.309.3162 $4,880,952
- 41. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $8,600,000 $172,000 27,688 SF ○ Great real estate investment with medical grade office improvements ○ All leases are NNN with separately metered utilities ○ 142 parking spaces for a 5.1 per thousand ratio ○ Easy access to I-90 Freeway, restaurants, and new housing opportunities ○ Occupancy at 97% ○ Current tenants: Humanix, Stepping Stones, SRM ○ One vacant 1,927 SF space SVN | Cornerstone MATTHEW BYRD matt.byrd@svn.com 509.499.9229 OFFICE | 15920 EAST INDIANA AVE | SPOKANE VALLEY, WA $311 4.75%
- 42. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee Size Price/SF Cap SFR PORTFOLIO | 6 HOME SFR INVESTMENT PORTFOLIO | PHOENIX, AZ $14,922,090 $223,831 189,706 SF ○ Value add opportunity via rent raise and renovations ○ Attractive assumable debt options available for 60 homes ○ Rental income loss to lease 15.5% | 135 units + vacant lot ○ Pro Forma cap rate 7.16% | Pro Forma NOI $1,068,657.80 ○ Portfolio mix of single family homes and multifamily residential ○ 96 single family homes | 12 duplex | 1 triplex | 3 quadraplex SVN | Commercial Partners STEVEN PAULSEN steven.paulsen@svn.com 561.282.9299 JOHN ANDREWS john.andrews@svn.com 561.282.9298 MASON HIGHMAN mason.highman@svn.com 561.282.9297 SFR PORTFOLIO | MONTGOMERY RESIDENTIAL PORTFOLIO | MONTGOMERY, AL $79 4.82%
- 43. 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. © 2023 SVN International Corp. Property Details Property Highlights Price Buy Side Fee No. of Units Price/Unit Cap SVN | Chicago Commercial MULTIFAMILY | 8416 S COTTAGE GROVE AVE | CHICAGO, IL $15,400,000 $115,500 240 units ○ Value add opportunity ○ Seven continuous buildings ○ Property sits on over 6 acres ○ Room for rental increase 8% JEFF BAASCH jeffrey.baasch@svn.com 312.676.1873 JOE CONNELLY joseph.connelly@svn.com 312.414.0428 $64,166
- 44. www.SVN.com Events & Webinars TUESDAY JANUARY 24 Single Tenant Investment Product Council Meeting 11:00 AM PT | 2:00 PM ET FRIDAY JANUARY 27 Economic Forecast Webinar with Jim Costello 10:00 AM PT | 1:00 PM ET Date: January 23-28, 2023
- 45. THANK YOU for joining us!
- 46. 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.