Sperry Van Ness #CRE National Sales Meeting 9-9-13

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National National Sales Meeting Sales Meeting September 9, 2013 September 9, 2013

description

The Sperry Van Ness® organization shares a portion of their new weekly listings via their national sales call. Visit www.svn.com/mondaycall if you would like to attend our weekly call which we open up to the brokerage community.

Transcript of Sperry Van Ness #CRE National Sales Meeting 9-9-13

Page 1: Sperry Van Ness #CRE National Sales Meeting 9-9-13

National National Sales MeetingSales Meeting

September 9, 2013September 9, 2013

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SVNIC Welcomes our Newest AdvisorsSVNIC Welcomes our Newest AdvisorsSperry Van Ness/Team Southwest(Albuquerque, NM)Kevin Bobb

Sperry Van Ness/W Forrest Group(Houston, TX)Robert Anthony

Sperry Van Ness/Ramshaw Real Estate, Inc.(Champaign, IL)Tim Jacobs

Sperry Van Ness Real Estate, LLC(Naples, FL)Heidi Fry

Sperry Van Ness/Tar Heel Commercial(Raleigh, NC)Lisa ThomasRichard Bowen

Sperry Van Ness/Levental Realty, LLC(Cincinnati, OH)Andrew Bosserman

Sperry Van Ness/Rich Investment Real Estate Advisors(Los Angeles, CA)Gabriel Tauber

Sperry Van Ness/Commercial Advisory Group(Sarasota, FL)Lynn Lanoue

Sperry Van Ness/Founders Group(Myrtle Beach, SC)Peter Tran

Sperry Van Ness/Martin Commercial Group(Indianapolis, IN)Jess Lawhead

Sperry Van Ness Commercial Real Estate Advisors(Madison, WI)John Dyke

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Single Tenant NNN Deal Exchange Calls15 Minutes | 15 Deals15 Minutes | 15 Deals

Join Peter Colvin every Monday during the month of September as he hosts a Single Tenant NNN Deal Exchange call. These weekly calls will be held 15 minutes prior to the start of the National Sales Calls.

Bring your buyer needs and off market deals for a 30 second quick pitch. Single tenant net leased deals only.

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NEW! NEW! Property Management Property Management Master Insurance Program Master Insurance Program

““Success Stories Flyer”Success Stories Flyer”

Sperry Van Ness® office in Ohio uses SVN MIP to reduce Owner's annual premiums between 40% and 70% on a variety of buildings.

Sperry Van Ness® office in Arizona reduces Owner's coverage costs by $50,000 per year.

Other Sperry Van Ness® offices around the country have experienced similar savings while at the same time expanding their existing coverage.

Additional Information:

Michael [email protected]

Herb [email protected] 513-624-1763

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September 16th deadline for submission of properties.

Email [email protected] for invitation to the last webinar

(Sept 10th) for explanation of details for brokers and property owners

See www.auctionpoint.com to submit property.

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This Week’s Upcoming EventsThis Week’s Upcoming EventsWednesday, Sept. 11th & Thursday, Sept. 12th

SVN Western Regional EventPortland, OR

Saturday, September 14th Saturday Call with John McDermott

(8:30am PT / 11:30am ET)

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4660-62 N. Rockwell | Chicago, IL

Just Closed!

$875,000Transaction Highlights:•Under Contract in 14 Days•Multiple Offers•Value Add Property

Jeffrey [email protected], IL

Brian [email protected], IL

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WestView Apartments | Tallahassee, FL

Just Closed!

$975,000Transaction Highlights:•California buyer•Repeat Buyer client•Near Florida State University•100% Occupied•8.97% Cap

Preston Hall, CCIM

[email protected], FL

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3510 Briarfield Blvd. | Maumee, OH

Just Closed!

$1,200,000Transaction Highlights:•36,000 SF Industrial Building•Off Market Transaction•STNL Deal 10% Cap Rate•Tenant Associated Materials

Michael [email protected], OH

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5356-58 N. Clark Street | Chicago, IL

Just Closed!

$1,400,000Transaction Highlights:•4 apts + 4 stores mixed-use building•7.2% CAP on current income•Was under contract 5 times due to deferred maintenance•Fantastic "main & main" Andersonville location

Wayne [email protected] Collins, CO

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17290 Preston Road | Dallas, TX

Just Closed!

$1,400,000Transaction Highlights:•28,897 Square Feet•20% Occupied•Significant Deferred Maintenance•Lender Approved Short Sale•15 Months List to Close

David Cook, SIOR

[email protected], TX

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1031-1033 Wilbur Avenue | San Diego, CA

Just Closed!

$1,435,000Transaction Highlights:•Prime North Pacific Beach Location•Charming Spanish Colonial Home plus 6 Units•Over 15% Upside When Raised to Market Rents•3.9% Actual Cap Rate; 5.2% Projected Cap Rate•On-site Laundry Facility & Ample Parking for All Tenants

Anni Grimes619-261-1472anni.grimes.comSan Diego, CA

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Bella Verde Apartments | Phoenix, AZ

Just Closed!

$4,350,000Transaction Highlights:•3rd Sale for SVN Brokers Since April, 2010•$24,000/Door at the Low End of Current Trading Range•Buyer Obtained Bank Financing at 3.85% Fixed•Buyer Was Perfect Fit For This Asset – Recently Sold Similar Smaller PropertyNeil Sherman

[email protected], AZ

Danny [email protected], AZ

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Prof./Medical Office Portfolio | Tallahassee, FL

Just Closed!

$12,724,000Transaction Highlights:•64,000 SF, 100% Occupied•1031 Exchange Buyer•Seller had notes ballooning•Off Market deal, no listing

Carlton Dean, [email protected], FL

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Indigo Creek Apartments | Las Vegas, NV

Just Closed!

$19,200,000Transaction Highlights:•Class B

•Highest Price Per Unit

•Cash Sale

•5.5% CAP

•Fully Occupied

Michael Miyagishima, CCIM

[email protected] Francisco, CA

David [email protected] Vegas, NV

Brandon [email protected] Vegas, NV

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Total Inventory:Total Inventory:$37,456,463$37,456,463

Gross Fee Buy Side:Gross Fee Buy Side:$786,468.42$786,468.42

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113 Bulifants Blvd., Suite B | Williamsburg, VA

$20,000 | Minimum Bid

3% | Buy Side Fee

Offering Highlights:•Auction: Tuesday, September 24th at 2pm•3,716± SF brick single story office condo (Suite B)•Ample Parking•Perfect location for professional or medical office•Very convenient to local hospital & major retail businesses•Minutes to downtown historic Williamsburg•Zoned EO, Economic Opportunity•Website: http://bit.ly/17AbWsj

Tim Dudley, CAI, AARE

[email protected], VA

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38 Yorktown Road | Newport News, VA

$20,000 | Minimum Bid

3% | Buy Side Fee

Offering Highlights:•Auction: Tuesday, September 24th at 2pm•4,565± SF block and frame gymnasium•0.94± AC•4,113± SF of hardwood gym floor•Lighted gravel parking lot and concrete patio•Excellent clubhouse/community center opportunity•Zoned R5, Multiple Density Residential Family Housing District•Website: http://bit.ly/152C5Un

Tim Dudley, CAI, AARE

[email protected], VA

Chip [email protected], VA

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925-A Capitol Landing Road | Williamsburg, VA

$20,000 | Minimum Bid

3% | Buy Side Fee

Offering Highlights:•Auction: Tuesday, September 24th at 2pm•2,992± SF brick single story office condo unit•Located in Alexander Commons•High end executive finishes/move in condition•Large reception area w/ fireplace•Private conference room•2 executive offices/4 junior executive offices•Full kitchen & private restrooms•Website: http://bit.ly/17CfbDC

Tim Dudley, CAI, AARE

[email protected], VA

Chip [email protected], VA

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5846 Funston Street | Hollywood, FL

$795,000 | For Sale

$23,850 | Buy Side Fee

Offering Highlights:•11,876 SF•Average Rent $7.84/SF •88% Occupied •5.67% Current CAP Rate / 6.24% at 95% Occupancy •14 FT Clear Height •20 Parking Spaces•Great Opportunity for An Owner User Looking to Cash Flow a Portion of the Property. •Website: http://bit.ly/1cQeOqn

Carlos [email protected], FL

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Free Standing Auto Dealership | Cumming, GA

$1,299,000 | For Sale

$45,465 | Buy Side Fee

Offering Highlights:•+/- 5,700 SF - Auto Showroom•Traffic Light - 37,000 cars/day•Sale or Lease NNN Dealership•Newly Renovated - 2012•Website: http://bit.ly/17mtnjT

Del Creviston, CCIM

[email protected], GA

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Brand New Dollar Tree | Cocoa Beach, FL

$2,222,769 | For Sale

$44,455.38 | Buy Side Fee

Offering Highlights:•10,320 SF•Dollar Tree Corporate Lease•Next to Publix Supermarket•Signalized Ingress & Egress•Scheduled rent commencement is 2/1/14•NN – Landlord has roof and structure responsibilities•10 year initial term with $.50 PSF rent increase in year six. •Two 5 year options with $.50 PSF increase each term•Website: http://bit.ly/12hVcoH

Mike Migone, CCIM

[email protected], FL

Clint [email protected], FL

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Walmart Store | Malden, MO

$2,918,390 | For Sale

$72,960 | Buy Side Fee

Offering Highlights:•Price Reduction!

•7.14% cap rate

•4+ Years with 3 5-Year Options

•Assumable, Non-Recourse, Non-

Callable Loan

•Percentage Rent with Increased

Sales Year-over-year Past 11 Years

Straight

•Store Occupied Since 1982

•Website: http://bit.ly/17GjlssLouis [email protected], CA

Mark Zvibleman, J.D., CCIM

[email protected]. Louis, MO

Representative Photo

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807 Woods Road | Cambridge, MD

$3,395,000 | For Sale

$135,800 | Buy Side Fee

Offering Highlights:•157,000 (130,000 SF manufacturing/25,000 SF office) facility on 10.1 Acres•Fully heated & cooled•Parking for 550•Priority Funding & Hub Zone•Also for lease at $3.65 per SF•Website: http://bit.ly/17byzq7

Henry Hanna, CCIM, SIOR

[email protected], MD

Wesley Cox, CCIM

[email protected], MD

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3501-3533 Dunn Road | Florissant, MO

$3,900,000 | For Sale

$78,000 | Buy Side Fee

Offering Highlights:•Price Reduction!•Very Well-Maintained Neighborhood Center•Excellent High Traffic Location•Adjacent to Multi-Family Developments•Year Built: 1987•Price per Sq. Ft.: $125.00•Rentable Sq. Ft.: 32,795 SF•CAP Rate: 8.5%•Major Tenants: SSM Select Rehab of St. Louis, American Red Cross, Hanger Prosthetics & Orthotics•Website: http://bit.ly/14nJP51

Trey [email protected]. Louis, MO

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2101-2115 Van Ness Avenue | San Francisco, CA

$5,850,000 | For Sale

$146,250 | Buy Side Fee

Offering Highlights:•Outstanding Pacific Heights Location•Approx. 27,257 SF•6.62% Proforma cap rate•Prime Corner Location•High Traffic Count•Subject to Court Confirmation•Future Development Potential•Website: http://bit.ly/1ejIXQEKevin Chin, CCIM

415-922-2900 [email protected] Francisco, CA

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32,000 SF Industrial Bldg. | Brecksville, OH

$1,500,000 | For Sale

$45,000 | Buy Side Fee

Offering Highlights:•32,000 SF with docks & drive-ins•For sale or lease: $4.95/SF•Heavy Power with Extensive Distribution•I 77 and Miller Rd. in Brecksville Commercial Area•Will Accommodate Heavy Industrial Usage•20% office•Website: http://bit.ly/16WyNRU

Victor S. Voinovich, [email protected], OH

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Trenton Place | Willoughby, OH

$7,785,000 | For Sale

$116,775 | Buy Side Fee

Offering Highlights:•Price Reduction!•144 Units•8.2% Cap Rate•16% Cash on Cash Return•5 Minutes from I90, I271, and Ohio Route 2•Within a Mile of Most Major Retail and full service Hospital•Resurfaced parking lots and all new building entrances and intercoms.•Website: http://bit.ly/11LhD8O

Victor S. Voinovich, [email protected], OH

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Walgreens | Pittsburgh, PA MSA (#22-US)

$7,791,304 | For Sale

$77,913.04 | Buy Side Fee

Offering Highlights:•2055 Washington Pike, Heidelberg, Pennsylvania•“Rare” 20+ Years left on 25 Year Prime Term•(10) 5 Year Options•Absolute NNN Lease•Just off of I-79 adjacent to Lowe’s & Walmart Power Center•5.75% Cap Rate•Website: http://bit.ly/1dN1F4y

Glen E. [email protected], TX

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Thank you for joining us! Thank you for joining us!

For information about all of For information about all of

our listings please visitour listings please visit

www.svn.com