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WEEKLY PROPERTY BROADCAST
June 7, 2021
www.svn.com
PAGE |
WELCOME NEW SVN FRANCHISES
SVN Franchise Location
SVN | Safe Haven
Mashpee, MA
Managing Director: Michael Howell
www.svn.com
PAGE |
WELCOME NEW SVN ADVISORS
Advisor SVN Franchise & Location
Sean Thomas SVN | SFRhub Advisors, Phoenix, Arizona
Jonathan Fishpaw SVN | Capital West Partners, San Jose, California
Andrew Miley SVN | Vanguard, Santa Ana, California
Isaac Sun SVN | Vanguard, San Diego, California
Brett Adams SVN | Saunders Ralston Dantzler, Lakeland, Florida
Rafael Mendez SVN | Saunders Ralston Dantzler, Lakeland, Florida
Christopher Welsh SVN | Bell Commercial, Atlanta, Georgia
Karim Virani SVN | Bell Commercial, Atlanta, Georgia
www.svn.com
PAGE |
WELCOME NEW SVN ADVISORS
Advisor SVN Franchise & Location
Max Norton SVN | Bell Commercial, Atlanta, Georgia
Sarah Huffstickler SVN | Bell Commercial, Atlanta, Georgia
Julie Cambe SVN | GO Commercial, Kailua-Kona, Hawaii
Harrison Wright SVN | Chicago Commercial, Rosemont, Illinois
Scott Clark SVN | Chicago Commercial, Rosemont, Illinois
Audrey Kaffenberger SVN | Stone Commercial Real Estate, Lexington, Kentucky
Harrison Lane SVN | Stone Commercial Real Estate, Lexington, Kentucky
Shaun Cook SVN | Stone Commercial Real Estate, Lexington, Kentucky
www.svn.com
PAGE |
WELCOME NEW SVN ADVISORS
Advisor SVN Franchise & Location
Anthony Armstrong SVN | The Masiello Group, Rockland, Maine
Christina Rice SVN | Miller Commercial Real Estate, Salisbury, Maryland
Kelly Hason SVN | Rock Advisors Inc., Brokerage, Burlington, Ontario
Joanna Harrison SVN | Imbrie Realty, Portland,Oregon
Scott Martin SVN | Ahia Commercial Real Estate, Langhorne, Pennsylvania
Angela LaSell SVN | Riverstone Commercial Real Estate, College Station, Texas
Liam Hirsch SVN | Hintze Commercial Real Estate, West Allis, Wisconsin
Pamela Lanting SVN | Hintze Commercial Real Estate, West Allis, Wisconsim
ECONOMIC UPDATES
www.svn.com
PAGE |
REDBOOK INDEX
● According to the Redbook index, a sales-weighted indicator of same-
store retail activity conducted by Redbook Research Inc., retail sales
climbed 12.6% year-over-year as of May 18th, decreasing 90 basis points
from the comparative week in March.
● Despite the decrease, the index, which is calculated weekly, has risen
steadily since the depths of the economic recession last-Spring. Retail
sales were in contraction from mid-April 2020 through the end of August
before returning to growth. The base effects from the 2020 contraction will
likely continue to elevate year-over-year growth in the coming months.
However, absent those effects, retail sales appear to be on track with pre-
pandemic growth rates.
ECONOMIC UPDATES
PROVIDED BY
CLOSED DEALS
Sale Price
Size
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
SELF STORAGE| SEVEN PROPERTY SELF STORAGE PORTFOLIO | NJ
SVN | Hardisty Commercial
Realty
HANS HARDISTY, CCIM, MBA
hans.hardisty@svn.com
914.489.7909
SVN | Commercial Realty
NICK MALAGISI, SIOR
nick.malagisi@svn.com
716.310.8314
Confidential
• New Jersey Self Storage Portfolio with five facilities and two expansion projects
• All properties are within a 2 hours drive time
• 393,420 Net Rentable SF and 3,147 Units
• The properties were built in phase starting in 1986 and all are single story buildings
• The deal was under contract with a REIT and fell out during the COVID-19 shut down
• A different REIT later placed the deal under contract and subsequently closed on the
portfolio
393,425 SF
Sale Price $
No. of Units
Price /Unit $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
MULTIFAMILY | 714 N 7TH STREET | LANTANA, FL
SVN | Commercial Partners
JOHN ANDREWS
john.andrews@svn.com
561.613.1403
STEVEN PAULSEN
steven.paulsen@svn.com
561.929.4098
AUSTIN LITTLEPAGE
austin.littlepage@svn.com
410.971.3207
LORENZO RUBIO
lorenzo.rubio@svn.com
561.339.9717
• 18 property tours
• 10 offers from qualified buyers
• 1031 winning buyer
• Heavy value add renovation acquisition
12
83,333
4.8%
1,000,000
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL | 4877 STATE ROUTE 305 | SOUTHINGTON, OH
SVN | Stone Commercial
Real Estate
NEAL METCALFE
neal.metcalfe@svn.com
859.312.8069
SVN | Wilson Commercial
Group, LLC
DOUG WILSON
doug.wilson@svn.com
614.206.3881 • Seller was long time client of Neal Metcalfe SVN Stone Commercial, purchased the new Dollar
General in 2018 as part of an exchange at $1,479,000 a 6.89% cap
• Neal enlisted the help of SVN Ohio broker, Doug Wilson, SVN Wilson to co-list and title work
connections
• Property was listed in February 2021 at $1,636,000, initial offers came within hours of listing
hitting the market. This buyer was the 2nd buyer to go under contract and eventually close.
• California buyer, represented by a California Broker. Purchaser wanted a Dollar General for
some time for his portfolio
1,628,000
9,100 SF
179
6.1%
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL| 145 BURT ROAD | LEXINGTON, KY
SVN | Stone Commercial
Real Estate
JUSTIN RYDER, CCIM
justin.ryder@svn.com
859.447.3285
1,650,000
• When engaged to lease the property, occupancy was at 50%
• Over the course of a year, during COVID-19, successfully completed 9 leases
covering 13 units, and listed the property for sale at 100% occupancy
• By increasing NOI, added approximately $750,000 in capitalized value with
lease work
• SVN | Stone will continue leasing and managing the repositioned property for
new owners
12,857 SF
128
8.1%
Sale Price $
Size
Price /SF $
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
INDUSTRIAL| 849 N CENTRAL ST | KNOXVILLE, TN
SVN | Wood Properties
GEORGE BROWN, CCIM
george.brown@svn.com
865.804.1188
1,700,006
• 90 days on market
• 47 days contract-to-close
• Buyer plans to build a new office building on the site to accommodate their
rapidly growing business's space needs; their current office is next door
30,440 SF
56
Sale Price $
Size
Price /Acre $
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
LAND| 1597 WEST LEESTOWN ROAD | MIDWAY, KY
SVN | Stone Commercial
Real Estate
JOHN SOPER
john.soper@svn.com
859.608.0256
2,387,851
• Former horse farm in the heart of Central Kentucky
238 Acres
10,033
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
INDUSTRIAL | 225 N LEMAY STREET | FORT COLLINS, CO
SVN | Denver Commercial
STEVE KAWULOK
steve.kawulok@svn.com
970.691.1220
2,400,000
• Multi-tenant flex building
• Local real estate investment group approached sellers with offer
• Sold on 5% vacancy pro-forma despite 10% actual vacancy
15,760 SF
152
6.67%
Sale Price $
Size
Price /SF $
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
INDUSTRIAL | 1291 NW 65 PLACE | FORT LAUDERDALE, FL
SVN | Commercial Realty
LES BYRON, SIOR, CCIM
les@svncr.com
954.401.4713
KEITH KIDWELL, SIOR, CCIM
keith@svncr.com
954.234.8777
STEVE DAVIS
steve@svncr.com
954.650.7824 • SVNCR was the leasing rep for 3 generations of the sellers, so when it came time
to sell
• All cash deal; $20 psf higher than the next buyer
2,400,000
20,175 SF
119
Sale Price $
No. of Units
Price /Unit $
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
MULTIFAMILY | 3500 TIMBERLAKE RD | JOHNSON CITY, TN
SVN | Wood Properties
COHL MORGAN
cohl.morgan@svn.com
865.603.9887
KEVIN TIPTON
kevin.tipton@svn.com
865.210.0228
3,475,000
• 80 days on market
• 55 days contract-to-close
• Located in one of America's fastest growing cities
• Value-add
62
56,048
Lease Value $
Lease Terms
Size
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL| 3100 & 3150 W HIGGINS ROAD | HOFFMAN ESTATES, IL
SVN | Chicago Commercial
OLIVIA CZYZYNSKI
olivia.czyzynski@svn.com
312.676.1862
JENNIFER HOPKINS
jennifer.hopkins@svn.com
312.676.1865
NATHALIE FISHER
nfisher@svn.com
312.414.0602
3,923,445
• Single-story office/medical complex
• Located in Hoffman Estates, IL, immediately off full interchange for I-90
• Tenant has 9 locations throughout the Chicago Suburbs & chose this site for
10th
• Great example of increasing demand in office market, particularly suburban
markets, where office properties are seeing significant increases in leasing
activity
10 Years
18,621 SF
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL| 1015-1031 BRIDGE ST | COLUSA, CA
SVN | Don Ellwanger
DON ELLWANGER
CalDRE #01008217
ellwangd@svn.com
916.798.6545
5,600,000
• Worked on for 3 years
• In and out of escrow 3 times
• 6 price changes
• Represented sellers (7)
• Value add multi-tenant retail
• Sold for 7.25% cap in-place income @ 75% occupied
40,315 SF
139
7.25%
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
SINGLE TENANT INVESTMENT| 12 N WALNUT STREET & 13-15 SW FRONT ST | MILFORD, DE
SVN | Miller Commercial
Real Estate
WESLEY COX
wesley.cox@svn.com
410.543.2421
HENRY HANNA
henry.hanna@svn.com
410.543.2420
6,100,000
• 2 building government leased portfolio
• Lost 1st contract due to COVID-19
• Hit the marketing hard and produced multiple competing offers
• Worked through many complicated challenges
• Client said: "Wesley, closing was a miracle, we could not have done this
without you!"
34,960 SF
174
7.65%
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL| 3203 INDEPENDENCE | PLANO, TX
SVN | Trinity Advisors
STEVE FITHIAN, CCIM, CPM,
SEC
steve.fithian@svn.com
817.288.5524
TRINITY (TRENT) HERRERA
trinity.herrera@svn.com
682.704.8789
6,400,000
• 90% occupied retail center in Plano TX, with Firestone Anchor (At property
since 1978)
• Listed and sold during COVID-19 to a local purchaser with a 1031
• Further upside for purchaser by increasing occupancy and raising rents to
market
• Potential exit strategy of selling off Firestone as a separate pad site
• Seller was a syndication formed by Fithian and managed by SVN Trinity
Advisors
50,479 SF
127
7.3%
Sale Price $
Size
Price /SF $
Cap
Transaction Highlights
Property Details
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.
© 2020 SVN International Corp.
INDUSTRIAL| 4610 ARROWHEAD DRIVE | CARSON CITY, NV
SVN | Gold Dust
Commercial Associates
TOMI JO LYNCH, CCIM
NV #BS.0144992
tomijo.lynch@svn.com
775.530.2621
THOMAS JOHNSON, CCIM
NV #B0001480
johnsont@svn.com
775.742.1151
7,900,000
• Single tenant leased investment
• Manufacturing tenant-10 year lease
• 1031 exchange
• Multiple offers
• Sold at full listing price
55,800 SF
142
5.50%
FEATURED INVENTORY
www.svn.com
PAGE |
FEATURED INVENTORY: $50,092,920
BUY-SIDE COMMISSION: $972,538
FEATURED INVENTORY FINANCIAL SUMMARY
Lease Rate
Lease Terms
Tenant Rep Fee
Size
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL | 1 INDIAN ROCK ROAD | WINDHAM, NH
SVN | The Masiello Group
CASSANDRA FARLEY
cassandra.farley@svn.com
603.703.5617
MATTHEW BACON
matt.bacon@svn.com
603.200.4023
CHRIS PASCUCCI
chris.pascucci@svn.com
603.494.8960
• 30,000+/- SF retail/ medical/office building
• Up to 6,000+/- SF bank/restaurant pad site
• Signalized corner
• Sought after community
• Various sizes and configurations available
Negotiable
Triple Net (NNN)
2.5%
36,000 SF
Price $
Buy Side Fee $
Size
Price/SF
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
RETAIL | 102 E IRVING PARK ROAD | ITASCA, IL
SVN | Chicago Commercial
KAREN KULCZYCKI
kkulczycki@svn.com
312.602.5346
• +/- 2,024 SF freestanding retail building (former Starbucks)
• +/-0.49 AC across from Metra Station
• Irreplaceable location in Downtown Itasca
• Large patio and drive-thru potential
• For sale or lease
1,200,000
24,000
2,042 SF
588
Price $
Buy Side Fee $
No. of Rooms
Price /Room $
Cap
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
1,750,000
52,500
26
67,308
HOSPITALITY | 1145 EAST SHERIDAN STREET | ELY, MN
• Eco-friendly, 26-unit hotel in a popular vacation market and opportunity zone
• 14.5% cap rate with very consistent revenue; 2020 EBITDA eclipsed the
previous two years
• Originally built in 2004 with a 10-unit building addition in 2010
• In close proximity to the Boundary Waters Canoe Area ("BWCA"), the largest
wilderness area east of the Rockies, an outdoor enthusiast's dream
• Located off Route 169 with easy access to downtown Ely and its numerous
restaurants and entertainment options
SVN | Northco
FRANK JERMUSEK
frank.jermusek@svn.com
952.820.1615
CAMERON PETERSON
cameron.peterson@svn.com
952.820.1688
EDWARD RUPP
edward.rupp@svn.com
952.820.1634
EMILIA MOLLE
emilia.molle@svn.com
952.820.1618
14.5%
Price $
Buy Side Fee $
Size
Price /SF $
Cap
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
INDUSTRIAL | 3601-3619 E SPEEDWAY BLVD | TUCSON, AZ
SVN | Desert Commercial
Advisors
ANTHONY RUIZ
anthony.ruiz@svn.com
480.425.5531
CARRICK SEARS, CCIM, MBA
carrick.sears@svn.com
480.425.5529
• Located in the heart of Tucson off of Speedway & Alvernon
• Only 13 minutes away from the I-10, & only 5 minutes away from the University
of Arizona's main campus
• Tenant has 5 year lease with an option to renew for 3 years at 8% increase
• Up to 8.4% cap rate in Year 8 if 3 year lease option is exercised in Year 5
• Tenant: Pride Group
• Largest full-service event solutions for large venues in AZ
1,992,920
59,788
24,496 SF
81
7.5%
Price $
Buy Side Fee $
Size
Price /SF $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
OFFICE | 600 ENTERPRISE DRIVE, 200-212 | OAK BROOK, IL
SVN | Chicago Commercial
JENNIFER HOPKINS
jennifer.hopkins@svn.com
312.676.1865
OLIVIA CZYZYNSKI
olivia.czyzynski@svn.com
312.676.1862
2,400,000
• 9,440 USF condo for sale with 5,940 USF (6,313 RSF) available for owner/user
• Long term tenant occupying 3,501 USF (4,065 RSF), providing substantial
revenue
• All furniture included
• Low DuPage County property taxes
• Easy access via I-88 & 22nd Street; Visible
60,000
9,440 SF
254
Price $
Buy Side Fee $
No. of Rooms
Price /Room $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
3,500,000
70,000
89
39,326
HOSPITALITY | 300 MERCHANT DR | KNOXVILLE, TN
• Located directly off of I-75
• Convenient access to East, West, and Downtown Knoxville
• Value-add
• Flexible property use
• Lot size | 5 acres
SVN | Wood Properties
SHEEV PATEL
sheev.patel@svn.com
865.307.2398
COHL MORGAN
cohl.morgan@svn.com
865.603.9887
KEVIN TIPTON
kevin.tipton@svn.com
865.210.0228
Price $
Buy Side Fee $
No. of Units
Price /Unit $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
MULTIFAMILY | 902-936 WARRIOR HILL DR | LOUISVILLE, TN
SVN | Wood Properties
COHL MORGAN
cohl.morgan@svn.com
865.603.9887
KEVIN TIPTON
kevin.tipton@svn.com
865.210.0228
4,500,000
• New construction
• Capable of a condo conversion exit strategy
• Centrally located between Knoxville and Maryville
• Near major Amazon development
90,000
25
180,000
Price $
Buy Side Fee $
No. of Units
Price /Unit $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
MULTIFAMILY | 6705-37 N CALIFORNIA | CHICAGO, IL
SVN | Chicago Commercial
JEFFREY BAASCH
jeffrey.baasch@svn.com
312.676.1873
10,250,000
• Stabilized 94-unit multifamily portfolio
• Well maintained
• Well managed
• Recent $1.5 million of capital improvements
• Prime location
153,750
94
109,043
Price $
Buy Side Fee $
No. of Units
Price /Unit $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
MULTIFAMILY | 1505 N PEORIA AVENUE | PEORIA, IL
SVN | Chicago Commercial
REID BENNETT, CCIM
reid.bennett@svn.com
773.251.7342
CODY DORAN
cody.doran@svn.com
309.235.0995
12,000,000
• Directly across from OSF St. Francis Medical Center
• Over $4.7 million of capital infused for upgrades
• Fully amenitized building with gym, cafe, dog washing station, on site parking,
etc
• All 1br units achieving rents over $1,000 with $100 monthly resident bill back
• Opportunity to increase income through parking, wifi bill back, increased RUBS
• Assumable financing with 6 years I/O
150,000
101
118,812
Price $
Buy Side Fee $
Size
Price/Acre $
Property Highlights
Property Details
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.
© 2020 SVN International Corp.
LAND | PRIME DENSITY RESIDENTIAL DEVELOPMENT OPPORTUNITY | NASHVILLE, TN
SVN | SFRhub Advisors
JEFF CLINE
jeffrey.cline@svn.com
602.441.5354
MICHAEL FINCH
michael.finch@svn.com
480.797.9825
SVN | The Genesis Group
CARNELL SCRUGGS, CCIM
carnell.scruggs@svn.com
615.567.5907
• Visit www.SFRhub.com and search for portfolio 100788 for more information
• Construction ready site
• Nearly $4m of extensive infrastructure already finished on-site
• Fully entitled for 220 Senior Living homes or 300+ Multifamily units
• 30,000+ Vehicles per day
• Nearly 1,000 feet of frontage on Murfreesboro Pike
12,500,000
312,500
15.17 Acres
823,995
www.svn.com
PAGE |
June 7th- June 14th, 2021
EVENTS & WEBINARS
WEDNESDAY
JUNE 9
Hospitality Council Meeting
11:00am PT | 2:00 pm ET
SATURDAY
JUNE 12
Saturday Call with with John McDermott
8:30 am PT | 11:30am pm ET
www.svn.com
PAGE |
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.
Thank You For Joining Us!

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SVN Live 06.07.21 Weekly Property Broadcast

  • 2. www.svn.com PAGE | WELCOME NEW SVN FRANCHISES SVN Franchise Location SVN | Safe Haven Mashpee, MA Managing Director: Michael Howell
  • 3. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Sean Thomas SVN | SFRhub Advisors, Phoenix, Arizona Jonathan Fishpaw SVN | Capital West Partners, San Jose, California Andrew Miley SVN | Vanguard, Santa Ana, California Isaac Sun SVN | Vanguard, San Diego, California Brett Adams SVN | Saunders Ralston Dantzler, Lakeland, Florida Rafael Mendez SVN | Saunders Ralston Dantzler, Lakeland, Florida Christopher Welsh SVN | Bell Commercial, Atlanta, Georgia Karim Virani SVN | Bell Commercial, Atlanta, Georgia
  • 4. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Max Norton SVN | Bell Commercial, Atlanta, Georgia Sarah Huffstickler SVN | Bell Commercial, Atlanta, Georgia Julie Cambe SVN | GO Commercial, Kailua-Kona, Hawaii Harrison Wright SVN | Chicago Commercial, Rosemont, Illinois Scott Clark SVN | Chicago Commercial, Rosemont, Illinois Audrey Kaffenberger SVN | Stone Commercial Real Estate, Lexington, Kentucky Harrison Lane SVN | Stone Commercial Real Estate, Lexington, Kentucky Shaun Cook SVN | Stone Commercial Real Estate, Lexington, Kentucky
  • 5. www.svn.com PAGE | WELCOME NEW SVN ADVISORS Advisor SVN Franchise & Location Anthony Armstrong SVN | The Masiello Group, Rockland, Maine Christina Rice SVN | Miller Commercial Real Estate, Salisbury, Maryland Kelly Hason SVN | Rock Advisors Inc., Brokerage, Burlington, Ontario Joanna Harrison SVN | Imbrie Realty, Portland,Oregon Scott Martin SVN | Ahia Commercial Real Estate, Langhorne, Pennsylvania Angela LaSell SVN | Riverstone Commercial Real Estate, College Station, Texas Liam Hirsch SVN | Hintze Commercial Real Estate, West Allis, Wisconsin Pamela Lanting SVN | Hintze Commercial Real Estate, West Allis, Wisconsim
  • 7. www.svn.com PAGE | REDBOOK INDEX ● According to the Redbook index, a sales-weighted indicator of same- store retail activity conducted by Redbook Research Inc., retail sales climbed 12.6% year-over-year as of May 18th, decreasing 90 basis points from the comparative week in March. ● Despite the decrease, the index, which is calculated weekly, has risen steadily since the depths of the economic recession last-Spring. Retail sales were in contraction from mid-April 2020 through the end of August before returning to growth. The base effects from the 2020 contraction will likely continue to elevate year-over-year growth in the coming months. However, absent those effects, retail sales appear to be on track with pre- pandemic growth rates. ECONOMIC UPDATES PROVIDED BY
  • 9. Sale Price Size Transaction Highlights Property Details 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. © 2020 SVN International Corp. SELF STORAGE| SEVEN PROPERTY SELF STORAGE PORTFOLIO | NJ SVN | Hardisty Commercial Realty HANS HARDISTY, CCIM, MBA hans.hardisty@svn.com 914.489.7909 SVN | Commercial Realty NICK MALAGISI, SIOR nick.malagisi@svn.com 716.310.8314 Confidential • New Jersey Self Storage Portfolio with five facilities and two expansion projects • All properties are within a 2 hours drive time • 393,420 Net Rentable SF and 3,147 Units • The properties were built in phase starting in 1986 and all are single story buildings • The deal was under contract with a REIT and fell out during the COVID-19 shut down • A different REIT later placed the deal under contract and subsequently closed on the portfolio 393,425 SF
  • 10. Sale Price $ No. of Units Price /Unit $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 714 N 7TH STREET | LANTANA, FL SVN | Commercial Partners JOHN ANDREWS john.andrews@svn.com 561.613.1403 STEVEN PAULSEN steven.paulsen@svn.com 561.929.4098 AUSTIN LITTLEPAGE austin.littlepage@svn.com 410.971.3207 LORENZO RUBIO lorenzo.rubio@svn.com 561.339.9717 • 18 property tours • 10 offers from qualified buyers • 1031 winning buyer • Heavy value add renovation acquisition 12 83,333 4.8% 1,000,000
  • 11. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 4877 STATE ROUTE 305 | SOUTHINGTON, OH SVN | Stone Commercial Real Estate NEAL METCALFE neal.metcalfe@svn.com 859.312.8069 SVN | Wilson Commercial Group, LLC DOUG WILSON doug.wilson@svn.com 614.206.3881 • Seller was long time client of Neal Metcalfe SVN Stone Commercial, purchased the new Dollar General in 2018 as part of an exchange at $1,479,000 a 6.89% cap • Neal enlisted the help of SVN Ohio broker, Doug Wilson, SVN Wilson to co-list and title work connections • Property was listed in February 2021 at $1,636,000, initial offers came within hours of listing hitting the market. This buyer was the 2nd buyer to go under contract and eventually close. • California buyer, represented by a California Broker. Purchaser wanted a Dollar General for some time for his portfolio 1,628,000 9,100 SF 179 6.1%
  • 12. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL| 145 BURT ROAD | LEXINGTON, KY SVN | Stone Commercial Real Estate JUSTIN RYDER, CCIM justin.ryder@svn.com 859.447.3285 1,650,000 • When engaged to lease the property, occupancy was at 50% • Over the course of a year, during COVID-19, successfully completed 9 leases covering 13 units, and listed the property for sale at 100% occupancy • By increasing NOI, added approximately $750,000 in capitalized value with lease work • SVN | Stone will continue leasing and managing the repositioned property for new owners 12,857 SF 128 8.1%
  • 13. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL| 849 N CENTRAL ST | KNOXVILLE, TN SVN | Wood Properties GEORGE BROWN, CCIM george.brown@svn.com 865.804.1188 1,700,006 • 90 days on market • 47 days contract-to-close • Buyer plans to build a new office building on the site to accommodate their rapidly growing business's space needs; their current office is next door 30,440 SF 56
  • 14. Sale Price $ Size Price /Acre $ Transaction Highlights Property Details 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. © 2020 SVN International Corp. LAND| 1597 WEST LEESTOWN ROAD | MIDWAY, KY SVN | Stone Commercial Real Estate JOHN SOPER john.soper@svn.com 859.608.0256 2,387,851 • Former horse farm in the heart of Central Kentucky 238 Acres 10,033
  • 15. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 225 N LEMAY STREET | FORT COLLINS, CO SVN | Denver Commercial STEVE KAWULOK steve.kawulok@svn.com 970.691.1220 2,400,000 • Multi-tenant flex building • Local real estate investment group approached sellers with offer • Sold on 5% vacancy pro-forma despite 10% actual vacancy 15,760 SF 152 6.67%
  • 16. Sale Price $ Size Price /SF $ Transaction Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 1291 NW 65 PLACE | FORT LAUDERDALE, FL SVN | Commercial Realty LES BYRON, SIOR, CCIM les@svncr.com 954.401.4713 KEITH KIDWELL, SIOR, CCIM keith@svncr.com 954.234.8777 STEVE DAVIS steve@svncr.com 954.650.7824 • SVNCR was the leasing rep for 3 generations of the sellers, so when it came time to sell • All cash deal; $20 psf higher than the next buyer 2,400,000 20,175 SF 119
  • 17. Sale Price $ No. of Units Price /Unit $ Transaction Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 3500 TIMBERLAKE RD | JOHNSON CITY, TN SVN | Wood Properties COHL MORGAN cohl.morgan@svn.com 865.603.9887 KEVIN TIPTON kevin.tipton@svn.com 865.210.0228 3,475,000 • 80 days on market • 55 days contract-to-close • Located in one of America's fastest growing cities • Value-add 62 56,048
  • 18. Lease Value $ Lease Terms Size Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL| 3100 & 3150 W HIGGINS ROAD | HOFFMAN ESTATES, IL SVN | Chicago Commercial OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 NATHALIE FISHER nfisher@svn.com 312.414.0602 3,923,445 • Single-story office/medical complex • Located in Hoffman Estates, IL, immediately off full interchange for I-90 • Tenant has 9 locations throughout the Chicago Suburbs & chose this site for 10th • Great example of increasing demand in office market, particularly suburban markets, where office properties are seeing significant increases in leasing activity 10 Years 18,621 SF
  • 19. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL| 1015-1031 BRIDGE ST | COLUSA, CA SVN | Don Ellwanger DON ELLWANGER CalDRE #01008217 ellwangd@svn.com 916.798.6545 5,600,000 • Worked on for 3 years • In and out of escrow 3 times • 6 price changes • Represented sellers (7) • Value add multi-tenant retail • Sold for 7.25% cap in-place income @ 75% occupied 40,315 SF 139 7.25%
  • 20. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. SINGLE TENANT INVESTMENT| 12 N WALNUT STREET & 13-15 SW FRONT ST | MILFORD, DE SVN | Miller Commercial Real Estate WESLEY COX wesley.cox@svn.com 410.543.2421 HENRY HANNA henry.hanna@svn.com 410.543.2420 6,100,000 • 2 building government leased portfolio • Lost 1st contract due to COVID-19 • Hit the marketing hard and produced multiple competing offers • Worked through many complicated challenges • Client said: "Wesley, closing was a miracle, we could not have done this without you!" 34,960 SF 174 7.65%
  • 21. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. RETAIL| 3203 INDEPENDENCE | PLANO, TX SVN | Trinity Advisors STEVE FITHIAN, CCIM, CPM, SEC steve.fithian@svn.com 817.288.5524 TRINITY (TRENT) HERRERA trinity.herrera@svn.com 682.704.8789 6,400,000 • 90% occupied retail center in Plano TX, with Firestone Anchor (At property since 1978) • Listed and sold during COVID-19 to a local purchaser with a 1031 • Further upside for purchaser by increasing occupancy and raising rents to market • Potential exit strategy of selling off Firestone as a separate pad site • Seller was a syndication formed by Fithian and managed by SVN Trinity Advisors 50,479 SF 127 7.3%
  • 22. Sale Price $ Size Price /SF $ Cap Transaction Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL| 4610 ARROWHEAD DRIVE | CARSON CITY, NV SVN | Gold Dust Commercial Associates TOMI JO LYNCH, CCIM NV #BS.0144992 tomijo.lynch@svn.com 775.530.2621 THOMAS JOHNSON, CCIM NV #B0001480 johnsont@svn.com 775.742.1151 7,900,000 • Single tenant leased investment • Manufacturing tenant-10 year lease • 1031 exchange • Multiple offers • Sold at full listing price 55,800 SF 142 5.50%
  • 24. www.svn.com PAGE | FEATURED INVENTORY: $50,092,920 BUY-SIDE COMMISSION: $972,538 FEATURED INVENTORY FINANCIAL SUMMARY
  • 25. Lease Rate Lease Terms Tenant Rep Fee Size Property Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 1 INDIAN ROCK ROAD | WINDHAM, NH SVN | The Masiello Group CASSANDRA FARLEY cassandra.farley@svn.com 603.703.5617 MATTHEW BACON matt.bacon@svn.com 603.200.4023 CHRIS PASCUCCI chris.pascucci@svn.com 603.494.8960 • 30,000+/- SF retail/ medical/office building • Up to 6,000+/- SF bank/restaurant pad site • Signalized corner • Sought after community • Various sizes and configurations available Negotiable Triple Net (NNN) 2.5% 36,000 SF
  • 26. Price $ Buy Side Fee $ Size Price/SF Property Highlights Property Details 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. © 2020 SVN International Corp. RETAIL | 102 E IRVING PARK ROAD | ITASCA, IL SVN | Chicago Commercial KAREN KULCZYCKI kkulczycki@svn.com 312.602.5346 • +/- 2,024 SF freestanding retail building (former Starbucks) • +/-0.49 AC across from Metra Station • Irreplaceable location in Downtown Itasca • Large patio and drive-thru potential • For sale or lease 1,200,000 24,000 2,042 SF 588
  • 27. Price $ Buy Side Fee $ No. of Rooms Price /Room $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. 1,750,000 52,500 26 67,308 HOSPITALITY | 1145 EAST SHERIDAN STREET | ELY, MN • Eco-friendly, 26-unit hotel in a popular vacation market and opportunity zone • 14.5% cap rate with very consistent revenue; 2020 EBITDA eclipsed the previous two years • Originally built in 2004 with a 10-unit building addition in 2010 • In close proximity to the Boundary Waters Canoe Area ("BWCA"), the largest wilderness area east of the Rockies, an outdoor enthusiast's dream • Located off Route 169 with easy access to downtown Ely and its numerous restaurants and entertainment options SVN | Northco FRANK JERMUSEK frank.jermusek@svn.com 952.820.1615 CAMERON PETERSON cameron.peterson@svn.com 952.820.1688 EDWARD RUPP edward.rupp@svn.com 952.820.1634 EMILIA MOLLE emilia.molle@svn.com 952.820.1618 14.5%
  • 28. Price $ Buy Side Fee $ Size Price /SF $ Cap Property Highlights Property Details 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. © 2020 SVN International Corp. INDUSTRIAL | 3601-3619 E SPEEDWAY BLVD | TUCSON, AZ SVN | Desert Commercial Advisors ANTHONY RUIZ anthony.ruiz@svn.com 480.425.5531 CARRICK SEARS, CCIM, MBA carrick.sears@svn.com 480.425.5529 • Located in the heart of Tucson off of Speedway & Alvernon • Only 13 minutes away from the I-10, & only 5 minutes away from the University of Arizona's main campus • Tenant has 5 year lease with an option to renew for 3 years at 8% increase • Up to 8.4% cap rate in Year 8 if 3 year lease option is exercised in Year 5 • Tenant: Pride Group • Largest full-service event solutions for large venues in AZ 1,992,920 59,788 24,496 SF 81 7.5%
  • 29. Price $ Buy Side Fee $ Size Price /SF $ Property Highlights Property Details 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. © 2020 SVN International Corp. OFFICE | 600 ENTERPRISE DRIVE, 200-212 | OAK BROOK, IL SVN | Chicago Commercial JENNIFER HOPKINS jennifer.hopkins@svn.com 312.676.1865 OLIVIA CZYZYNSKI olivia.czyzynski@svn.com 312.676.1862 2,400,000 • 9,440 USF condo for sale with 5,940 USF (6,313 RSF) available for owner/user • Long term tenant occupying 3,501 USF (4,065 RSF), providing substantial revenue • All furniture included • Low DuPage County property taxes • Easy access via I-88 & 22nd Street; Visible 60,000 9,440 SF 254
  • 30. Price $ Buy Side Fee $ No. of Rooms Price /Room $ Property Highlights Property Details 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. © 2020 SVN International Corp. 3,500,000 70,000 89 39,326 HOSPITALITY | 300 MERCHANT DR | KNOXVILLE, TN • Located directly off of I-75 • Convenient access to East, West, and Downtown Knoxville • Value-add • Flexible property use • Lot size | 5 acres SVN | Wood Properties SHEEV PATEL sheev.patel@svn.com 865.307.2398 COHL MORGAN cohl.morgan@svn.com 865.603.9887 KEVIN TIPTON kevin.tipton@svn.com 865.210.0228
  • 31. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 902-936 WARRIOR HILL DR | LOUISVILLE, TN SVN | Wood Properties COHL MORGAN cohl.morgan@svn.com 865.603.9887 KEVIN TIPTON kevin.tipton@svn.com 865.210.0228 4,500,000 • New construction • Capable of a condo conversion exit strategy • Centrally located between Knoxville and Maryville • Near major Amazon development 90,000 25 180,000
  • 32. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 6705-37 N CALIFORNIA | CHICAGO, IL SVN | Chicago Commercial JEFFREY BAASCH jeffrey.baasch@svn.com 312.676.1873 10,250,000 • Stabilized 94-unit multifamily portfolio • Well maintained • Well managed • Recent $1.5 million of capital improvements • Prime location 153,750 94 109,043
  • 33. Price $ Buy Side Fee $ No. of Units Price /Unit $ Property Highlights Property Details 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. © 2020 SVN International Corp. MULTIFAMILY | 1505 N PEORIA AVENUE | PEORIA, IL SVN | Chicago Commercial REID BENNETT, CCIM reid.bennett@svn.com 773.251.7342 CODY DORAN cody.doran@svn.com 309.235.0995 12,000,000 • Directly across from OSF St. Francis Medical Center • Over $4.7 million of capital infused for upgrades • Fully amenitized building with gym, cafe, dog washing station, on site parking, etc • All 1br units achieving rents over $1,000 with $100 monthly resident bill back • Opportunity to increase income through parking, wifi bill back, increased RUBS • Assumable financing with 6 years I/O 150,000 101 118,812
  • 34. Price $ Buy Side Fee $ Size Price/Acre $ Property Highlights Property Details 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. © 2020 SVN International Corp. LAND | PRIME DENSITY RESIDENTIAL DEVELOPMENT OPPORTUNITY | NASHVILLE, TN SVN | SFRhub Advisors JEFF CLINE jeffrey.cline@svn.com 602.441.5354 MICHAEL FINCH michael.finch@svn.com 480.797.9825 SVN | The Genesis Group CARNELL SCRUGGS, CCIM carnell.scruggs@svn.com 615.567.5907 • Visit www.SFRhub.com and search for portfolio 100788 for more information • Construction ready site • Nearly $4m of extensive infrastructure already finished on-site • Fully entitled for 220 Senior Living homes or 300+ Multifamily units • 30,000+ Vehicles per day • Nearly 1,000 feet of frontage on Murfreesboro Pike 12,500,000 312,500 15.17 Acres 823,995
  • 35. www.svn.com PAGE | June 7th- June 14th, 2021 EVENTS & WEBINARS WEDNESDAY JUNE 9 Hospitality Council Meeting 11:00am PT | 2:00 pm ET SATURDAY JUNE 12 Saturday Call with with John McDermott 8:30 am PT | 11:30am pm ET
  • 36. www.svn.com PAGE | 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. Thank You For Joining Us!