SVN Live 5.6.24 Weekly Property Broadcast
Download as PPTX, PDF0 likes143 views
A research paper by DoubleLine forecasts that a shift in the Federal Reserve's interest rate policy in 2024 will enhance market stability and improve commercial real estate (CRE) transaction activity. With approximately $2.8 trillion of CRE debt maturing by 2028, streamlined price discovery is critical for lenders seeking to enhance market share. The report highlights a favorable outlook for multifamily, industrial, and lodging sectors while noting challenges for large office loans and struggling mall properties.
SVN Live 5.6.24 Weekly Property Broadcast
- 1. W E E K L Y P R O P E R T Y B R O A D C A S T DATE dsafsdfd May 6, 2024
- 2. W W W . S V N . C O M E C O N O M I C U P D A T E S P R O V I D E D B Y
- 3. E C O N O M I C U P D A T E S W W W . S V N . C O M P R O V I D E D B Y ● A new research paper by DoubleLine suggests that a 2024 pivot in the Federal Reserve’s interest rate policy will open the door for price discovery and improve the market’s stability generally. ● As the interest-rate outlook becomes clearer, commercial real estate transaction activity should pick up, and market pricing will become more transparent. The report suggests that these mechanisms will allow for improved credit access and unlock existing demand. ● Roughly $2.8 trillion of CRE debt will mature between 2024 and 2028, making price discovery crucial as lenders seek market share. ● The paper expects payoff outcomes to persist among multifamily, industrial, and lodging while larger office loans and struggling mall properties may face additional refinancing difficulty. CRE Outlook Improving, Says Double Line
- 4. W W W . S V N . C O M C L O S E D TRANSACTIONS
- 5. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size PROPERTY DETAILS TRANSACTION HIGHLIGHTS MULTIFAMILY | 5407 CARNAE COURT | LOUISVILLE, KY $7,700,000 214,400 SF ● 143 doors ● $54,000 a door ● Second large multifamily purchase for this buyer this quarter ● Wants to buy more multifamily $36 Bill Menish bill.menish@svn.com 502.939.0399 SVN | MENISH COMMERCIAL REAL ESTATE
- 6. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/Acre PROPERTY DETAILS TRANSACTION HIGHLIGHTS LAND | N HWY 27 AT SULLIVAN ROAD | CLERMONT, FL $5,500,000 57 acres ● All utilities are at the site (gas, water, sewer, power) ● 771 FT frontage on SR27 (grade level with SR27) ● Traffic: 32,000 DTC ● Zoned B1 (City of Minneola) Marvin Puryear mpuryear@svn.com 352.267.5900 SVN | SAUNDERS RALSTON DANTZLER $96,491
- 7. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS RETAIL | 1510 S. DE ANZA BOULEVARD | SAN JOSE, CA $5,500,000 7,000 SF ● 7,000 SF retail building situated on a large corner lot ● Includes large pylon sign ● Foreclosure sale on behalf of SoCal lender ● Multiple offers from medical users and affordable developers ● An established swimming school operator was the winning bidder $786 Catherine House, CRE, CCIM, FRICS catherine.house@svn.com 415.378.8174 SVN | CAPITAL WEST PARTNERS
- 8. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF Cap PROPERTY DETAILS TRANSACTION HIGHLIGHTS RETAIL | 651 ROLAND ST & 1238 OCEAN HWY | SALISBURY & POCOMOKE, MD $3,640,000 23,540 SF $155 ● Sale of two leased NAPA Auto Parts stores ● 5 year lease terms ● Leases were corporately guaranteed ● Long time NAPA locations with proven track records ● Well kept facilities John McClellan, CCIM, SIOR john.mcclellan@svn.com 410.543.2428 Kelly Jeter kelly.jeter@svn.com 410.543.2440 SVN | MILLER COMMERCIAL REAL ESTATE 8.24% & 8.70%
- 9. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price No. of Units Price/Unit All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY DETAILS TRANSACTION HIGHLIGHTS MULTIFAMILY | 1800-02 S CARPENTER STREET | CHICAGO, IL $3,405,000 11 units ● Full rehab property with Michelin-rated restaurant tenant ● Just over 7% cap rate ● Funded through Freddie-Mac SBL ● Buyer outside of continental USA $309,545 Paul Cawthon paul.cawthon@svn.com 312.676.1878 Angelo Labriola angelo.labriola@svn.com 312.676.1870 SVN | CHICAGO COMMERCIAL
- 10. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS RETAIL | 2033 E MILITARY PKWY, 205 N PEACH TREE RD, 104 N PEACH TREE RD | MESQUITE, TX $3,025,000 15,000 SF ● Includes two half-acre lots, platted and ready for new development or ground lease ● Located at a signalized corner, directly across from a Walmart with a gas station ● Acquisition presents a 7.3% cap rate, including vacant land ● Tenants show strong interest in renewing leases ● Buyer intends to enhance the facade, parking lot, and signage to justify higher rental rates ● Long-term hold strategy in place ● High-traffic corner with new retail developments nearby $202 Eliud Sangabriel eliud.sangabriel@svn.com 972.839.0590 SVN | TRINITY ADVISORS
- 11. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size PROPERTY DETAILS TRANSACTION HIGHLIGHTS INDUSTRIAL | 1276 COMMERCE DRIVE | LABELLE, FL $2,500,000 8,709 SF 11.14 acres $88,935 ● Set new market highs for price per acre and price per square foot ● SVN | Saunders and SVN | Commercial Partners collaborated on the deal ● Former citrus equipment maintenance operation to become a logistics hub Rob Henry rob.henry@svn.com 352.631.4200 Matt Fleming matt.fleming@svn.com 239.872.7665 SVN | COMMERCIAL PARTNERS SVN | SAUNDERS RALSTON DANTZLER Trent Saunders, ALC trent.saunders@svn.com 863.640.0390
- 12. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS INDUSTRIAL | 1557 INDUSTRIAL PARKWAY | AKRON, OH $2,100,000 44,728 SF ● Off-market transaction ● Obtained offer in less than 30 days ● $1M nonrefundable deposit ● Collaboration with SVN Advisors repping buyer & seller Graydon Fox graydon.fox@svn.com 330.703.5283 Brad Weidman brad.weidman@svn.com 330.466.8550 Nichole Booker nichole.booker@svn.com 330.475.5500 Aaron Davis aaron.davis@svn.com 330.221.7297 SVN | SUMMIT COMMERCIAL REAL ESTATE ADVISORS $47
- 13. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF Cap PROPERTY DETAILS TRANSACTION HIGHLIGHTS INDUSTRIAL | 1055 NIMCO DR | CRYSTAL LAKE, IL $1,800,000 14,664 SF ● Fully leased, 8-unit condo deconversion ● 2 condo parcels with 2 sellers and 2 closings ● Both sellers leasing back ● SVN represented the buyer $123 Brian Lindgren brian.lindgren@svn.com 630.938.4950 SVN | LANDMARK COMMERCIAL REAL ESTATE 8.30%
- 14. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Lease Value Lease Terms Size PROPERTY DETAILS TRANSACTION HIGHLIGHTS OFFICE LEASE | 2609 N. DUKE STREET, BLDG 600 | DURHAM, NC $1,768,000 9 years ● Long term lease to autism therapy group ● Significant renovation of existing space supported by generous landlord TIA package ● Cooperated with out-of-state broker who flew in for every showing and meeting ● Took over 8 months to negotiate and finalize deal Carey Greene carey.greene@svn.com 919.287.2135 SVN | REAL ESTATE ASSOCIATES 7,911 SF
- 15. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS RETAIL | 2197 NICHOLASVILLE ROAD | LEXINGTON, KY $1,450,000 2,504 SF ● SVN was able to advise current ownership over the span of 6 years on this portfolio on Nicholasville Road and ultimately led to disposition to end user ● Goodwill Industries purchased the current Traditional Bank branch for future development ● Property will be combined with contiguous parcel and redeveloped into a Goodwill store $579 Nathan Dilly nathan.dilly@svn.com 859.420.5492 Weston Lockhart weston.lockhart@svn.com 859.317.3538 Matt Stone, CCIM, SIOR, MBA matt.stone@svn.com 859.351.5444 SVN | STONE COMMERCIAL REAL ESTATE
- 16. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS RETAIL | 830-890 SW 27TH AVE | FORT LAUDERDALE, FL $1,200,000 8,264 SF ● On market for 22 days & closed in 34 days ● Environmental remediation in progress ● Traditional financing not available $145 Cleveland Sainpreux cleveland.sainpreux@svn.com 561.485.1655 Elon Gerberg elon.gerberg@svn.com 561.485.1129 Adam H. Klein adam.klein@svn.com 561.282.9296 SVN | COMMERCIAL PARTNERS
- 17. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF PROPERTY DETAILS TRANSACTION HIGHLIGHTS HOSPITALITY | 4642 JENNINGS LANE | LOUISVILLE, KY $1,085,893 7,964 SF ● Partial owner financing ● 1031 exchange ● Property had failed to sell with several other brokers $136 Bill Menish bill.menish@svn.com 502.939.0399 Tommy Clark tommy.clark@svn.com 502.641.3199 Kimberly Dattilo kimberly.dattilo@svn.com 502.939.0106 SVN | MENISH COMMERCIAL REAL ESTATE
- 18. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size Price/SF Cap PROPERTY DETAILS TRANSACTION HIGHLIGHTS MULTIFAMILY | 1036 E DESMET AVE | SPOKANE, WA $1,045,000 5,967 SF ● 8 unit apartment complex (4 2bed/1bath units and 4 1bed/1bath units) ● Buyer completed a 1031 exchange with this purchase after selling two duplexes in Atlanta, and plans to hold long term ● Located in the heart of the Gonzaga University neighborhood ● Built in 1978 ● Significant room for rent increases $175 Jordan Lester jordan.lester@svn.com 509.496.6922 Nate Gant nate.gant@svn.com 509.993.4440 SVN | CORNERSTONE 5.50%
- 19. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Sale Price Size PROPERTY DETAILS TRANSACTION HIGHLIGHTS SELF STORAGE | 32244 NASSAU ROAD | LEWES, DE Confidential 106,000 SF ● Class A self-storage facility completed in 2016 ● 636 climate and non-climate controlled storage units ● 25 outdoor storage parking spaces ● 2.45 acres ● Additional 1.47 acres of land ● Billboard & cell tower leases Meredith Mears meredith.mears@svn.com 443.944.4464 Nick Malagisi nick.malagisi@svn.com 716.310.8314 SVN | MILLER COMMERCIAL REAL ESTATE $223
- 20. F E A T U R E D INVENTORY W W W . S V N . C O M
- 21. F I N A N C I A L S U M M A R Y F E A T U R E D I N V E N T O R Y F I N A N C I A L S U M M A R Y B U Y - S I D E C O M M I S S I O N W W W . S V N . C O M X X
- 22. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/acre PROPERTY DETAILS PROPERTY HIGHLIGHTS LAND | 1203 W TRINITY LANE | NASHVILLE, TN $11,000,000 $220,000 8.26 acres ● 8.26 acres strategically located in the vibrant Nashville River area with downtown skyline views ● Directly across the street from "The Riverside" Approved $2.5 billion development ● Access to site from West Trinity Lane and Buena Vista Pike ● Rare opportunity to develop mixed-use, commercial, or residential Kunal Patel kunal.patel@svn.com 731.613.5487 Brian Truman brian.truman@svn.com 615.260.2121 SVN | ACCEL COMMERCIAL REAL ESTATE $1,331,719 6.2%
- 23. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS INDUSTRIAL | 5202 FOUNDRY CIRCLE | ST. CLOUD, MN $5,790,000 $347,400 91,151 SF ● Owner/User opportunity ● Investment opportunity with current tenant until October 2024 ● Clear heights 18' to 23' ● 7 dock high doors ● 1 drive in door ● Solar panels ● Three buildings ● Outside storage available $64 6.2% Kate Hanson kate.hanson@svn.com 320.420.6485 Terrie Schramel terrie.schramel@svn.com 320.290.6535 SVN | GC REAL ESTATE
- 24. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF Cap PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS OTHER | 1060 PRAY BOULEVARD | WATERVILLE, OH $4,250,000 $148,750 4,316 SF ● Operating business + real estate sale ● Consistent revenue & NOI growth ● Seasoned brand & user base ● Only tunnel car wash serving Waterville submarket ● Centrally located across from top- performing supermarket ● Contact for financials $985 Parker Wilson parker.wilson@svn.com 419.261.4659 Doug Wright, CCIM doug.wright@svn.com 419.276.1236 SVN | ASCENSION COMMERCIAL REALTY 8.09%
- 25. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS MULTIFAMILY | 5354 N SHERIDAN | CHICAGO, IL $3,900,000 $78,000 15,000 SF ● Excellent location ● Plans & permits ● Shovel ready José Colón jose.colon@svn.com 312.315.9991 SVN | CHICAGO COMMERCIAL $260 6.2%
- 26. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS INDUSTRIAL | 1557 INDUSTRIAL PARKWAY | AKRON, OH $2,100,000 $78,000 15,000 SF ● Excellent location ● Plans & permits ● Shovel ready José Colón jose.colon@svn.com 312.315.9991 SVN | CHICAGO COMMERCIAL $260 6.2%
- 27. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/Acre PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS OFFICE | 7128-7132 ESTERO BLVD | FORT MYERS BEACH, FL $3,650,000 $109,500 .67 acres ● Busy island ● Location directly across the street from Santini Plaza ● Surrounded by high-rise condos and high- end retail ● Amazing retail hub for Fort Myers Beach ● First area of Fort Myers Beach to recover $2,445,500 6.2% Lauri Albion lauri.albion@svn.com 239.851.5492 SVN | COMMERCIAL PARTNERS
- 28. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/acre PROPERTY DETAILS PROPERTY HIGHLIGHTS LAND | 1325640 JUSTICE WAY | LOUISVILLE, KY $3,100,000 $62,000 53 acres ● 52 acres ● Zoned R4 ● Allowing for residential development ● Desirable location in the sought after Heritage Creek area $58,491 6.2% Bill Menish bill.menish@svn.com 502.939.0399 Tommy Clark tommy.clark@svn.com 502.641.3199 Kimberly Dattilo kimberly.dattilo@svn.com 502.939.0106 SVN | MENISH COMMERCIAL REAL ESTATE
- 29. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee No. of Units Price/Unit Cap PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS MIXED-USE | 1859 W CHICAGO AVE | CHICAGO, IL $2,999,000 $59,980 7 units ● Excellent West Town signalized corner location ● Stabilized asset with a strong tenant mix and room for rent growth ● Highly desirable brick building ● Fully rehabbed armchair investment ● Located within the Chicago Avenue T.O.D boundaries ● Highly stable retail tenant (Veterinarian Office) with long-term lease ● This property is owned by an Illinois real estate broker Drew Dillon drew.dillon@svn.com 734.223.2315 Scott Maesel scott.maesel@svn.com 312.676.1860 SVN | CHICAGO COMMERCIAL $428,429 6.2%
- 30. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF Cap PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS OFFICE | 21321 E OCOTILLO RD #108/6828 E BROWN RD #100 & #101 | QUEEN CREEK, AZ $2,315,000 $57,875 Queen Creek: 2,736 SF Mesa: 3,194 SF ● Multi-property, two-tenant, NNN investment portfolio ● Both assets located in well-stabilized, growing portions of the market ● All leases are absolute NNN & reimburse ownership for all associated expenses ● Three and a half years remaining on all three leases ● Compounding pharmacy is personally guaranteed Richard Lewis richard.lewis@svn.com 480.425.5536 Justin Horwitz, SIOR justin.horwitz@svn.com 480.425.5518 Aaron Gutierrez aaron.gutierrez@svn.com 480.425.5517 Sean Alderman sean.alderman@svn.com 480.425.5520 SVN | DESERT COMMERCIAL ADVISORS $390 6.25% `
- 31. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Cap PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS INDUSTRIAL | 22 NORTH 1ST STREET | NEWARK, OH $2,200,000 $66,000 51,000 SF ● Owner bought with SVN | Wilson in '21 ● Non-profit client (I Am Boundless) aims to monetize vacant space ● Seller prefers sale-leaseback, leasing 40% at 8%-9% cap rate ● 60% lease-up potential ● Boundless owns 175 OH properties ● 15 min from $20B Intel Fab plant ● Newark, OH, in Columbus MSA, 175,000 county-wide population, part of 2.4M Columbus population ● High demand for investments Doug Wilson doug.wilson@svn.com 614.206.3881 SVN | WILSON COMMERCIAL 8-9% 7.38%
- 32. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/Acre PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS LAND | 1037 FORTUNE DRIVE | RICHMOND, KY $1,995,000 $59,850 41.56 acres ● Large pad ready industrial site ● 41+ acres ● Close proximity to I-75 - less than 4 miles ● 406,500 sf and 201,500 sf engineered pads in place ● I-2 heavy industrial, manufacturing ● Well established Industrial Park $48,003 6.2% John Bunch, SIOR john.bunch@svn.com 859.433.8911 Neal Metcalfe neal.metcalfe@svn.com 859.312.8069 SVN | STONE COMMERCIAL REAL ESTATE
- 33. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/SF PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS INDUSTRIAL | 95 INDUSTRIAL PARK ROAD | MT. VERNON, KY $1,320,000 $39,600 24,000 SF ● 2,400 of finished office ● 2 docks ● 2 grade level drive in doors ● 24' ceiling height ● Fully climate controlled ● Reinforced mezzanine ● 3 phase heavy power ● Compressed air drops on every column ● Expansion ready site $55 6.2% John Bunch, SIOR john.bunch@svn.com 859.433.8911 Gabe Measner gabe.measner@svn.com 859.630.7106 SVN | STONE COMMERCIAL REAL ESTATE
- 34. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee Size Price/Acre PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS LAND | JOHN WATTS DEVELOPMENT LAND | NICHOLASVILLE, KY $1,125,000 $33,750 9 acres ● Industrial zoned land FOR SALE ● 9 +/- acres ● $125,000 per acre $125,000 6.2% Neal Metcalfe neal.metcalfe@svn.com 859.312.8069 Gabe Measner gabe.measner@svn.com 859.630.7106 SVN | STONE COMMERCIAL REAL ESTATE
- 35. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Price Buy Side Fee No. of Units Price/Unit Cap PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS MULTIFAMILY | 1231 S ASHLAND AVE | CALUMET PARK, IL $1,200,000 $27,000 16 units ● Major capital improvements ● Low in place rents ● Desirable location ● 8 studios, 8 one-bedroom Joe Connelly joseph.connelly@svn.com 630.550.1515 SVN | CHICAGO COMMERCIAL $75,000 (Pro- forma) 7.38%
- 36. All SVN® offices are independently owned and operated. © 2024 SVN International Corp. Lease Rate Lease Terms Tenant Rep Fee Size PROPERTY DETAILS All SVN® offices are independently owned and operated. © 2024 SVN International Corp. PROPERTY HIGHLIGHTS INDUSTRIAL LEASE | 510 INDIANAPOLIS AVENUE | LEBANON, IN $7/SF Negotiable 4% ● 2-4 industrial warehouse suites available for lease with the addition of +/- 2.5 acres of outdoor storage ● Convenient access to Highway I-465, downtown Lebanon, and downtown Indianapolis ● Drive-ins: (1) 12'x14' door & (1) 12'x10' door | Dock doors: (3) 9'x10' dock doors ● Clear height: 14' - 19' ● Power: 3-phase 480v 36,692 SF 6.2% Wade Wilson wade.wilson@svn.com 317.863.9271 Jess Lawhead, CCIM jess.lawhead@svn.com 317.454.2241 SVN | NORTHERN COMMERCIAL
- 37. E V E N T S W W W . S V N . C O M E V E N T S & W E B I N A R S No events next week. See you in Miami! May 6-11, 2024 THURSDAY MAY 9 RETAIL PRODUCT COUNCIL MEETING 1:00 PM EST | 10:00 AM PT SATURDAY MAY 11 SATURDAY CALL W/ JOHN MCDERMOTT 11:30 AM EST | 8:30 AM PT
- 38. F O R J O I N I N G U S T H A N K Y O U
- 39. 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.