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Commercial Real Estate Company
Commercial Real Estate Company

Commercial & Residential Listing Services

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Exclusive Listing Services

What is an exclusive listing?

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A real estate sale transaction in which a specified real estate agent stands to gain a commission if a property sells within a specified number of months, no matter how a buyer is found. The purpose of an exclusive listing is to motivate the agent to sell the property quickly and at the highest price possible.

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What does exclusive agency listing mean?

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The seller reserves the right to sell the property on her own, without paying a commission to her agent. This is different from an "exclusive right" listing, in which the seller's broker will receive a commission from the seller, regardless of who brings the buyer into the purchase

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What is the exclusive right to sell?

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During this period the seller cannot list the property with any other agent and (unlike in exclusive listing) must pay the agent's commission even if he or she (and not the agent) finds a buyer. Also called exclusive right to sell.

Sample of Exclusive Listing Agreement

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For Sale

The Boulevard 1,181,876 SF | LAS VEGAS, NV

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Asking Price: Unpriced 

Property Type Retail, Office, Mixed Use

Square Footage 1,181,876 Occupancy 87% NOI $10,888,658

Lot Size (acres) 75.3 Parking (spaces) 5,516

 The Boulevard, a 1.2 million square foot regional center situated on 75 acres in the heart of Las Vegas, Nevada. Many call it a mall. We call it one of the most interesting real estate opportunities in the city.

Constructed as a traditional regional mall with anchors Sears, Macy’s and JC Penney, the look, feel and complexion of The Boulevard is changing with the times! Bordered by the 762 bed Sunrise Hospital and Sunrise Children's Hospital (HCA) to the north, which is currently undergoing a $130 Million renovation, and within walking distance from the University of Nevada Las Vegas campus to the south, The Boulevard is an enclosed regional center with an extremely bright future. Built in 1968 and now five decades young, history will show this property pivoting and reinventing itself as an important hub of urban commerce. Retail is evolutionary, and The Boulevard is quickly becoming a case study in the urbanization of a suburban mall. 

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National Multi Tenant Plaza 7.50% CAP | 10,277 SF SYRACUSE, NY

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Asking Price: $3,878,520 

Property Type Retail Lease Type NN

Tenancy Multi Number of Tenants 5

Square Footage 10,277 Price/Sq Ft $377.40

Cap Rate 7.50% NOI $290,889

Year Built 2015 Lot Size (acres) 1.94 Ownership Fee simple

The seller is willing to pay the buyer a rent credit until this space is fully leased. More than 51 percent of the center is backed by corporate credit. Aspen Dental Management, Incorporated operates more than 500 dental offices across 35 states. H&R Block Eastern Enterprises, Incorporated is an investment grade tenant with a Standard & Poor (S&P) rating of BBB. Domino’s demonstrates commitment with its more than 10-year operating history and significant capital investment for its Store of the Future Build Out. Additionally, Domino’s executed its second 10- year extension option early in 2017. 

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ShopRite Plaza 6.75% CAP | 56,555 SF | ELLENVILLE, NY

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Asking Price: $13,103,867 

Property Type Retail Sub Type Grocery Store Plaza

Investment Type Net Lease

Investment Sub Type Absolute Triple-Net (NNN) Master Lease-Absolute

Tenant CreditCorporate Guarantee

TenancyMulti Number of Tenants 7 Lease Term 31 years

Lease Commencement 11/01/1993

Rent Commencement 11/01/1993

Lease Expiration 10/31/2024 Remaining Term 6.6 years

Square Footage 56,555

Cap Rate6.75% Occupancy 100% NOI $884,511

Year Built 1993 Year Renovated 2015

Lot Size (acres) 11.74 Parking (spaces) 398

Rent BumpsSee rent schedule in OM

Lease OptionsFour, Frive-Year & One, Four-Year Renewal options

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Montrose Commons 6.00% CAP | 31,325 SF | CHICAGO, IL Asking Price: $17,150,000

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Asking Price: $17,150,000 

Property Type Retail

Square Footage 31,325 Price/Sq Ft $547.49

Cap Rate 6.00% NOI $1,028,769

Lot Size (acres) 0.84

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BJ's Plaza 95,846 SF | BATAVIA, NY

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Asking Price: Unpriced 

Property Type Retail Investment Type Value Add

Square Footage 95,846 Occupancy 91% NOI $815,000

Year Built 1996 Year Renovated 2002

Lot Size (acres) 10.62 Parking (spaces) 519

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Rite Aid (Walgreens Guaranty) 7.50% CAP | 10,908 SF AHOSKIE, NC

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Asking Price: $3,133,013 


Property Type Retail Investment Type Net Lease

Lease Type Absolute NNN

Tenant Credit Credit Rated Tenancy Single

Square Footage 10,908 Price/Sq Ft $287.22

Cap Rate 7.50% NOI $234,976 

Year Built 2005

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Burger King 5.65% CAP | 4,530 SF | PITTSBURG, KS

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Asking Price: $2,300,885 

Property Type Retail Sub Type Restaurant

Investment Type Sale/Leaseback-Absolute NNN

Tenant CreditFranchisee Tenancy Single

Lease Term 20 years Ownership Fee Simple

Square Footage 4,530 Price/Sq Ft $507.92

Cap Rate 5.65% Occupancy 100% NOI $130,000

Units 1 Year Built 2018 Buildings 1 Stories 1

Lot Size (sq ft) 43,560 Lease Options Four 5 Year Options

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