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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.
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National National Sales MeetingSales Meeting
September 3, 2013September 3, 2013
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.
The first call will be held on Monday, September 9, 2013. The first call will be held on Monday, September 9, 2013.
SVN® Western Regional Training EventSeptember 11 & 12 | Portland, OregonSeptember 11 & 12 | Portland, Oregon
Sperry Van Ness Managing Directors, Advisors, and administrative staff are encouraged to attend this comprehensive training and networking session in beautiful downtown Portland, Oregon. Members of the SVNIC Executive Team will be on hand to complement the outstanding training, networking and fun already planned for the event.
Event Registration$99 Registration Fee (expires 8-30-2013)$129 Registration Fee (August 31st or later)Register: http://www.regonline.com/builder/site/Default.aspx?EventID=1273397
Hotel ReservationsHilton Portland & Executive Tower$159/night + tax (includes free in-room Wi-Fi)*Group Rate Code: SVN*Group rate expires 8/23/2013
AgendaThe agenda can be found on the SVN Resource Portal under the Announcements tab.
Questions?Please contact Meghan [email protected]
Auctionpoint alliance in place for Auctionpoint alliance in place for online only online only auctions, but for sellers that auctions, but for sellers that
need a date certain sale in a more traditional auction format our SVN need a date certain sale in a more traditional auction format our SVN
Auction Services team is ready, willing and able! – Contact Auction Services team is ready, willing and able! – Contact [email protected] for auctioneer list as team has grown for auctioneer list as team has grown
Submit your properties on line for the November 12-14 online bidding event. September 16 deadline for submission of properties.Email [email protected] for invitation to one of several upcoming(in next 2 weeks) webinars for explanation of details for brokers and property owners
See www.auctionpoint.com to submit.
This Week’s Upcoming EventsThis Week’s Upcoming Events
Wednesday, September 4th
National Deal Making Call(8:30am PT / 11:30am ET)
822 N. Hermitage Ave. | Chicago, IL
Just Closed!
$525,000Transaction Highlights:•Off-market transaction•Vacant for over 7 years•Experienced buyers are gut-rehabbing the building •Cash deal
Paul [email protected], IL
Angelo [email protected], IL
179 E. Deerpath | Lake Forest, IL
Just Closed!
$695,000Transaction Highlights:•2850 SF building•10,000 SF parcel•In heart of upscale, downtown Lake Forest, on Chicago’s North Shore•Off-market offering•Purchased by owner/user
Marla [email protected], IL
The Offices at Reems | Surprise, AZ
Just Closed!
$1,350,000Transaction Highlights:•+/-25,000 SF Office Condo REO Portfolio•16 Condo Units Within 5 Buildings•Sold at $1,350,000 ($56 PSF)•Originally listed June 2012
Justin [email protected], AZ
Nicole [email protected], AZ
Neil [email protected], AZ
Apna Plaza | Bakersfield, CA
Just Closed!
$2,005,000Transaction Highlights:•Multiple Offers•Buyer User•Sold Below Replacement Value•Lots of Upside
Mark [email protected], CA
Tony [email protected] Diego, CA
Kelly Plaza | Springfield, MO
Just Closed!
$19,000,000Transaction Highlights:•Hospital leased 8,000’, a week before Closing.•Under Contract twice during listing period.•Disagreements at Closing, took 4 ½ hours.•Closed in time for kids to get new school clothes!
Mike Fusek, CCIM
Total Inventory:Total Inventory:$35,974,820$35,974,820
Gross Fee Buy Side:Gross Fee Buy Side:$746,771$746,771
Tri State Bait and Tackle | Fremont, IN
$795,000 | For Sale
$31,800 | Buy Side Fee
Offering Highlights:•5,613 SF Store on 1.5 Acres•Turnkey Biz w/ 25-yr Track Record•25 Dock Spaces, 7 Trailer Sites•Expansion Options for Real Estate and Business Income •Great Visibility & Access From I-69, ½ Mile South of I-80/I-90 Toll Road•½ Mile North of Pokagon State Park w/ 650,000 Avg Visitors Annually•Private Boat Launch Into Lake James Chain of Lakes•Website: http://bit.ly/18lak6K
Troy [email protected] Wayne, IN
Well Established Chinese Restaurant | Fort Wayne, IN
$1,200,000 | For Sale
$18,000 | Buy Side Fee
Offering Highlights:•5,367 SF•Excellent Retail Site and Turnkey Restaurant For Sale•Dense Retail Corridor•High Visibility•Redevelopment Opportunity•Website: http://bit.ly/148EfxL
Neal [email protected] Wayne, IN
West Jefferson Retail Center | Fort Wayne, IN
$1,250,000 | For Sale
$18,750 | Buy Side Fee
Offering Highlights:•8,000 SF of Retail/Office Space For Sale Ideal For Many Uses•Retail Zoning (CM4)•Solid Brick Construction•Pylon Signage Available•Traffic Count of 36,000 VPD•Website: http://bit.ly/1chqi6a
Neal [email protected] Wayne, IN
Gated Courtyard Style Apartments | Chicago, IL
$1,250,000 | For Sale
$28,125 | Buy Side Fee
Offering Highlights:•12 units – Mix of Studio, 1, 2 & 3 Bed Units•Gated corner lot visibility•Easy access to public transportation•Cap Rate 6.46%•Turnkey operation•Upside income potential•Website: http://bit.ly/17ooybR
Jack Edgar, Jr. [email protected], IL
Reid Bennett, CCIM
Jim Sears
650 Howe Avenue, Bldg. 1000 | Sacramento, CA
$1,100,000 | For Sale
$27,500 | Buy Side Fee
Offering Highlights:•9,716 SF•7.87% cap rate•Investment or Owner/User Opportunity•Renovated in 2006•Abundant Parking•Website: http://bit.ly/14cpZUM
Don [email protected], CA
Cheryl [email protected], CA
650 Howe Avenue, Bldg. 500 | Sacramento, CA
$1,300,000 | For Sale
$32,500| Buy Side Fee
Offering Highlights:•9,218 SF•Stable Credit Tenant•Building Renovations in 2006•8.71 % CAP •Website: http://bit.ly/1fmQJqs
Don [email protected], CA
Cheryl [email protected], CA
Former Bassett Direct | Delmar, DE
$1,450,000 | For Sale
$58,000 | Buy Side Fee
Offering Highlights:•18,696 SF•Rare Opportunity•Free-standing building•Great location, visibility & access•Direct Highway Frontage•Website: http://bit.ly/1d8731L
Henry Hanna, CCIM, SIOR
Wesley Cox, CCIM
1831 Getwell Road | Memphis, TN
$1,750,000 | For Sale
$52,500 | Buy Side Fee
Offering Highlights:•24,383 SF•Former Infiniti of Memphis Dealership•Recently Vacated - Property well maintained and in good condition•Easy Access and Highly Visible•Free Standing Used Car Office on Property•Multiple Service Bays•Custom Furniture that may be purchased•Website: http://bit.ly/186ne8E
Jon Albright, CCIM, SIOR
John Snyder, CPM, SIOR
Residential Development Land | Fort Myers, FL
$2,225,000 | For Sale
$56,250 Buy Side Fee
Offering Highlights:•18 Parcels of Residential Land•Located in a well established phased community •The property is being offered for sale with in place approvals and ready for development •Marina amenity with Gulf of Mexico access included in the homeowner dues•Website: http://bit.ly/17hUgrj
J. Chris Malkin941-366-1136 [email protected], FL
Ashley [email protected], FL
14425 Torrey Chase Blvd | Houston, TX
$3,654,820 | For Sale
$73,096 | Buy Side Fee
Offering Highlights:•56,228 SF•Pro Forma: Cap Rate 12.39%, Cash On Cash Return 22.58%, Debt Coverage Ratio 2.9% -Actual Cap 8.56%•Upside in occupancy and rents due to rapidly increasing Energy Industry -Close to new EXXON Campus•Currently negotiating leases that will increase occupancy close to 95%•Website: http://bit.ly/1f7qV1r
Iris [email protected], CA
Bill Forrest281-496-9140 [email protected], TX
Bella Rio Apartments | Phoenix, AZ
$4,500,000 | For Sale
$90,000 | Buy Side Fee
Offering Highlights:•180 Units; (88) Studios, (90) 1/1's, (2) 2/1's•± $500,000 in recent capital expenditures and renovations•Great visibility, fronting on very busy arterial (64,000 VPD)•Upside in both rental rates and occupancy•Priced below recent comparable sales•Website: http://bit.ly/14bOSjs
Neil [email protected], AZ
Independence Village | Reynoldsburg, OH
$4,400,000 | For Sale
$66,000 | Buy Side Fee
Offering Highlights:•82 units, all 3 bedroom townhomes•95% occupancy; 100% leased.•8.3% cap rate on actual financial performance.•Shortage of quality affordable housing in this market•Exceptional condition and property management systems•B Property in Strengthening B Market.•Website: http://bit.ly/17s3FsB
Doug [email protected], OH
John Aubry, CCIM
Doug Wright, CCIM
Stoney Creek Apts. I & II | Reynoldsburg, OH
$11,100,000 | For Sale
$194,250 | Buy Side Fee
Offering Highlights:•232 Units•7.1% cap rate/ 12% Cash on Cash based on actuals•B+ Property, A location, excellent condition•Pride of ownership, professionalism is evident.•Upside in rents via water/sewer recapture•Website: http://bit.ly/15EOPjQ
Doug [email protected], OH
John Aubry, CCIM
Doug Wright, CCIM
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
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