FOR SALE | RETAIL GOLDEN HILLS CENTER · Atlanta,GA;andKansasCityMO.Archthenwastheowneroperator of...

9
SALE OVERVIEW PROPERTY DESCRIPTION Golden Hills Center is being offered for sale. The current NOI is $52,880 and there which is an 8.14% CAP Rate and there is upside as there is currently 4,453 SF available for lease. Please contact broker for financials. Golden Hills is sandwiched between the I44 & Kearney Street intersection and the Kansas Expressway & Kearney Street intersection. It's located on the north side of Kearney, less than a mile from Kansas Expressway & Kearney St. intersection. SALE PRICE: $650,000 LOT SIZE: 1.63 Acres BUILDING SIZE: 12,000 SF YEAR BUILT: 2000 ZONING: Highway Commercial MARKET: Northwest Springfield CROSS STREETS: W Kearney St & N Cliſton Ave TRAFFIC COUNT: 18,033 2545 W. Kearney Street, Springfield, MO 65803 GOLDEN HILLS CENTER FOR SALE | RETAIL All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. ARCH WATSON Senior Advisor +14178878826 X113 [email protected] JEFF CHILDS, SIOR, CCIM Senior Advisor +14178878826 X104 jeff[email protected] svnrankinco.com

Transcript of FOR SALE | RETAIL GOLDEN HILLS CENTER · Atlanta,GA;andKansasCityMO.Archthenwastheowneroperator of...

SALE OVERVIEW PROPERTY DESCRIPTION

Golden Hills Center is being offered for sale. The current NOI is $52,880 andthere which is an 8.14% CAP Rate and there is upside as there is currently4,453 SF available for lease. Please contact broker for financials.

Golden Hills is sandwiched between the I44 & Kearney Streetintersection and the Kansas Expressway & Kearney Street intersection.It's located on the north side of Kearney, less than a mile fromKansas Expressway & Kearney St. intersection.

SALE PRICE: $650,000

LOT SIZE: 1.63 Acres

BUILDING SIZE: 12,000 SF

YEAR BUILT: 2000

ZONING: Highway Commercial

MARKET: Northwest Springfield

CROSS STREETS: W Kearney St & NClifton Ave

TRAFFIC COUNT: 18,033

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

2545 W. Kearney Street, Springfield, MO 65803

ASSESSOR AERIALFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

2545 W. Kearney Street, Springfield, MO 65803

ZONING MAPFOR SALE | RETAIL

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 4,399 42,812 113,368

MEDIAN AGE 37.7 35.9 32.2

MEDIAN AGE (MALE) 37.4 34.8 31.6

MEDIAN AGE (FEMALE) 40.1 37.2 33.1

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 1,987 17,851 45,881

# OF PERSONS PER HH 2.2 2.4 2.5

AVERAGE HH INCOME $35,908 $36,267 $38,341

AVERAGE HOUSE VALUE $93,463 $99,857 $113,280

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

Arch WatsonSenior AdvisorSVN | Rankin Company, LLC

Arch Watson serves as a Senior Advisor for SVN/Rankin Company,specializing in the sale and leasing of industrial, office & retailproperty in Springfield and Southwest Missouri.

Ranking 60th of all SVN National Advisors in 2014 put Arch in the top4% and in 2015 he ranked 85 which put him in the top 6%, in 2016Arch ranked 107 which put him in the top 7%. SVN has 1500 advisorsnation wide in over 200 offices.

Prior to joining Sperry Van Ness, Watson had a seventeen yearmanagement career. He started his career with Wal-Mart, the worldslargest retailer in the Sam's Club Division. While with Wal-Mart, Archwas able to experience three markets which include: Springfield, MO;Atlanta, GA; and Kansas City MO. Arch then was the owner operatorof a specialized printing company that sold its products to otherprinting companies throughout the United States. As a owner anduser of commercial property Watson has a unique insight whenhelping clients select property for their use or investment.

Arch served on the Board of Directors of the Boys & Girls Clubs ofSpringfield for 7 years and Board President in 2008.

Phone: +14178878826 x113

Email: [email protected]

Memberships & Affiliations

Springfield Board of RealtorsMissouri Association of RealtorsNational Association of Realtors

Fax: 417.875.9233

Cell: 417.773.9022

Address: 2808 S. Ingram Mill, Suite A100

Springfield, MO 65804

Jeff Childs, SIOR, CCIM

2545 W. Kearney Street, Springfield, MO 65803

GOLDEN HILLS CENTERFOR SALE | RETAIL

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

ARCH WATSON

Senior Advisor+14178878826 [email protected]

JEFF CHILDS, SIOR, CCIM

Senior Advisor+14178878826 [email protected]

svnrankinco.com

Senior Advisor

Jeff Childs, SIOR, CCIM, serves as a senior advisor for SVN/RankinCompany, specializing in the sale and leasing of office, industrial andretail property in the Springfield and the Southwest Missouri markets.Jeff has over 25 years of commercial real estate experience in theSpringfield and Southwest Missouri markets. Jeff consistently ranksamong the top of SVN advisors nationally.

Jeff represents numerous national clients as well as a multitude oflocal owners and investors. In addition to Jeff’s sales and leasingexperience, he has assisted with and personally developed industrial,office and retail properties. As an active commercial real estateadvisor, Childs’ professional memberships include: the Society ofIndustrial and Office Realtors (SIOR), the Certified CommercialInvestment Member Institute (CCIM); International Council ofShopping Centers (ICSC); the Greater Springfield Board of REALTORS;the Missouri Association of REALTORS; and the National Associationof REALTORS.

Jeff currently serves as chairman of the board for City Utilities ofSpringfield, as chairman-Elect of the Board of the Springfield AreaChamber of Commerce and is on the Board of Directors of theSpringfield Convention & Visitors Bureau, Inc. Additionally, Jeff is apanel speaker for the Springfield Chamber of Commerce EconomicDevelopment Conference's and a returning guest speaker to “GoodMorning Springfield” hosted by the Springfield Chamber ofCommerce. Childs was also recognized by the Springfield BusinessJournal with the 40 Under 40 award given for his outstandingcommunity and professional services.

Childs earned a Bachelor of Science in Finance with an emphasis inReal Estate from Missouri State University, Springfield, Missouri.

SVN | Rankin Company, LLC

Phone: +14178878826 x104

Email: [email protected]

Memberships & Affiliations

Society of Industrial and Office REALTORS (SIOR)Certified Commercial Investment Member (CCIM)Chairman Board of Public Utilities - City Utilities ofSpringfieldChairman Elect for Springfield Chamber of CommerceBoard Member Springfield Convention & Visitors Bureau,IncLocal Issues Public Policy Task Force- Past ChairmanDevelopment Issues Input Group- Past ChairmanLeadership Springfield - Past Board MemberVoice of Business Committee- Springfield Chamber of CommerceInternational Council of Shopping Centers

Fax: 417.875.9233

Cell: 417.860.5447

Address: 2808 S. Ingram Mill, Suite A100

Springfield, MO 65804

GOLDEN HILLS CENTER | 12,000 SF | SPRINGFIELD, MO

DISCLAIMER

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.