Sperry Van Ness #CRE Monday National Sales Meeting 7-23-12
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Monday National Monday National Sales Meeting Sales Meeting July 23, 2012 July 23, 2012
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Sperry Van Ness shares a portion of its new weekly listings via their Monday Morning sales call. Email [email protected] if you would like to attend our weekly call which we open up to the brokerage community.
Transcript of Sperry Van Ness #CRE Monday National Sales Meeting 7-23-12
Monday National Monday National Sales MeetingSales MeetingJuly 23, 2012July 23, 2012
SVN Q4’ National Commercial SVN Q4’ National Commercial Online AuctionOnline Auction
• Q4 Online Auction Event - deadline for Properties - August 24 - Online Q4 Online Auction Event - deadline for Properties - August 24 - Online Event is October 23-25.Event is October 23-25.
• Talk to your clients NOW about putting an asset into the Q4 Online Talk to your clients NOW about putting an asset into the Q4 Online Auction (AuctionPoint platform).Auction (AuctionPoint platform).
• Your listing fee stays in tact - NO sharing of listing fee with the Auction Your listing fee stays in tact - NO sharing of listing fee with the Auction team.team.
• If you bring buyer to the Auction YOU also collect the sell side of your If you bring buyer to the Auction YOU also collect the sell side of your fee.fee.
• If co-broker brings buyer they receive sell side of your listing fee.If co-broker brings buyer they receive sell side of your listing fee.• National advertising paid by Q4 SVN Online Auction sponsors.National advertising paid by Q4 SVN Online Auction sponsors.• Low Buyers Premium of 2.5% to attract more buyers (Auction.com Low Buyers Premium of 2.5% to attract more buyers (Auction.com
charges twice that amount!).charges twice that amount!).• Promo Flyer with complete details will be sent out to "all SVN" with Promo Flyer with complete details will be sent out to "all SVN" with
suggested narrative for your emails to send to investors, developers suggested narrative for your emails to send to investors, developers and bank clients.and bank clients.
This event has major national sponsors and will receive tremendous This event has major national sponsors and will receive tremendous exposure in LoopNet and WSJ, etc for your listings and clients' exposure in LoopNet and WSJ, etc for your listings and clients' properties.properties.
Contact Louis Fisher for information or assistance:[email protected]
This Week’s Upcoming This Week’s Upcoming Calls and TrainingsCalls and Trainings
Thursday, July 26th National Multifamily Call(9am PST / 12pm EST)
Saturday, July 28th Saturday Call with John McDermott
(8:30am PST / 11:30pm EST)
Featured ClosingsFeatured Closings
8727 Maumelle Blvd | Maumelle, AR
Just Closed!
$920,000Transaction Highlights:•5 years on market
•Buyer: Kum and Go C-Store
•$11.53/Sq.Ft.
Matt Chandler, [email protected] Little Rock, AR
Wright’s Summit II | Ft. Wright, KY
Just Leased!
$1,240,000Key Lease Terms:•7 ½ year lease term
•10,767 SF; full floor
•SVN exclusive listing for lease
•Tenant: Indiana Institute of
Technology
•Prominent signage for tenant
Joe [email protected], OH
Turfway Executive Center | Florence, KY
Just Closed!
$2,420,000Transaction Highlights:•No. of offers: 4
•Half finished/Bank foreclosure
•Our affiliate construction
company completed the shell
•Buyer: Investor purchase with a
one floor tenant/partner
•SVN retained management and
leasingJoe [email protected], OH
Recent Recent Property Management Property Management
AssignmentsAssignments
Erik [email protected] Jose, CA
Diana [email protected] Wayne, IN
Total Inventory:Total Inventory:$17,844,596$17,844,596
Gross Fee Buy Side:Gross Fee Buy Side:$484,072$484,072
6002 Byrd Drive | Loveland, CO
$1,100,000 | For Sale
$33,000 | Buy Side Fee
Offering Highlights:•Class A showroom
•Plug & play set up for retail
operation
•Central Northern Colorado
•Located along I-25 corridor
between Loveland & Fort Collins
Kyle [email protected] Collins, CO
Julius [email protected] Collins, CO
Arby’s - Corporate NNN | Fraser, MI
$1,585,000 | For Sale
$31,700 | Buy Side Fee
Offering Highlights:•8.50% cap rate
•Located at entrance to busy Meijer
store
•Nine years remaining on initial lease
term
•9.33% average cap rate
•Two percent annual rent escalations;
two 5 year options
•Average household income within one
mile is $72,000
•Over 110,000 population within 3 miles;
over 20,000 VPD
Marvin [email protected] Hills, MI
Caroline Ind. Park KPAK Whse. | Federalsburg, MD
$1,599,000 | For Sale
$63,960 | Buy Side Fee
Offering Highlights:•53,710 SF warehouse facility
•3,162 SF renovated office
•2 rail dock doors and rail spur
•Land for expansion
Henry Hanna, CCIM, SIOR
Wesley Cox, CCIM
Dollar General | Cameron, NC
$768,000 | For Sale
$23,040 | Buy Side Fee
Offering Highlights:•8.75% cap rate
•Rent bump in December ‘12
•Sales are approaching
percentage rent threshold
•NN lease with reimbursements
by tenant
Jay Taylor, CCIM
Dollar General | Statesville, NC
$787,000 | For Sale
$23,610 | Buy Side Fee
Offering Highlights:•8.75% cap rate
•Hard corner location
•Solid store sales
•NN lease with reimbursements
by tenant
Jay Taylor, CCIM
Benson Rd. Medical Office Bldg. | Garner, NC
$2,200,000 | For Sale
$66,000 | Buy Side Fee
Offering Highlights:•Excellent repositioning
opportunity
•Some income in place for
turnaround
•Significant recent price reduction
•Potential for condo conversion
Jay Taylor, CCIM
Signalized Commercial Corner | Jurupa Valley, CA
$2,990,000 | For Sale
$89,700 | Buy Side Fee
Offering Highlights:•Approximately 12.42 Acres
•Retail, multifamily or potential
mixed use site
•Located in the new city of Jurupa
Valley
•Approximately 30,000 cars per
day
•Approximately 2,000 feet of
frontage
•One of the last undeveloped
sites in the area
•Only $5.53/SF
Mel [email protected] Angeles, CA
Village Shopping Center | Monett, MO
$3,350,000 | For Sale
$83,750 | Buy Side Fee
Offering Highlights:•Price Reduced!
•100% occupied
•Priced at $41.50/SF
•8.9% cap rate
•12% cash on cash return
•Primary tenant is EFCO Corp., a
Pella Company
Tim Roth, CCIM
Family Dollar Investment Portfolio | Various Locations
$3,465,596 | For Sale
$69,312 | Buy Side Fee
Offering Highlights:•Various locations throughout MN, ND,
NM
•Five Family Dollar stores
•Fortune 500 – S&P BBB stable rating
•Up to 8 years remaining on term
•Sold individually or together
•Year built: 2005 to 2010
•Price per Sq. Ft.: $82 to $114
•Rentable Sq. Ft.: 8,000 each
•CAP rate: 8.75% to 9.75% Avg. 9.2%Matthew Levin, CCIM
Tim House, CCIM
Stan Proden, 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
www.svn.com
