EN

Translate:

Commercial & Residential Listing Services

image1

What does it mean when a listing is off market?

image2

 What is an exclusive listing?

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.

 What is the exclusive right to sell? 

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.

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 

Honesty and integrity. Knowledge of purchase.

process.Responsiveness. Knowledge of real estate market.   Communication skills. & Negotiation skills.

We were founded as an exclusive marketplace for the acquisition and disposition of commercial real estate assets. Built for owners, principals, and brokers who are dissatisfied with traditional methods to acquire and/or sell Private investors Assets. Focused on private, open, and off market ...  

Off market means that the property is off the market, that means that the property was listed in the past, now is not available. 

The best way to see if a property is available is to ask an agent with access to the MLS and check it out. An off-market sale is a term used to define a property that is selling, or has already been sold, without any public advertising. It's a term that sometime pops up in property conversations and is usually linked to a property that needs an immediatesale, where the sale is often more important than the sold price. 

 A pocket listing is an unofficial, off-market listing. Also known as a “quiet” or “off-marketlisting, a pocket listing is a property that an agent keeps tucked away in his or her “pocket.”  

 What is an off market listing? Also known as a “quiet” or “off-marketlisting, a pocket listing is a property that an agent keeps tucked away in his or her “pocket.” Though the seller has a signedlisting agreement with a real estate agent, the property for sale isn't officially listedin the MLS.  

For Sale

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

image3

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. 

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

image4

Asking Price: $3,878,520 

Property Type Retail Lease Type NN Tenancy Multi Number of Tenants 5

Sqft. 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. 

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

image5

Asking Price: $13,103,867 

Property Type Retail Sub Type Grocery Store Plaza

 Net Lease Absolute Triple-Net (NNN) Master Lease-Absolute

Tenant Credit Corporate Guarantee

Tenancy Multi Number of Tenants 7 Lease Term 31 years

Lease 11/01/1993  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 Bumps See rent schedule in OM

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

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

image6

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

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

image7

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

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

image8

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