Ogden & Company, Inc.’s Post

"$18.6M Sale of Mixed-Use Project in Charlotte's Office and Retail Sector" Read the full article below..

Just Closed: Retail Strip on 27th Avenue | 27 Parking Spaces | T6-8-O Zoning CLOSING HIGHLIGHTS *Sold at 98% of List Price *Procured Multiple Competitive Offers *Negotiated Favorable Owner Financing for Both Parties INVESMENT HIGHLIGHTS *Retail Strip Center Situated on a Double Lot with Left Turn In *Development Potential: The Property is Zoned T6-8-O allowing the construction of an eight-story, 65-unit residential building with Current Income in place. *Short Term Leases: 5 of 6 Tenants Leases Have Expired or Expire Within Nine Months, offering flexibility for potential investors to reposition or redevelop the property as desired *27 Parking Spaces – 3.5 Spaces Per 1,000 SF *All Tenants Separately Metered for Water & Electric *Improvements: Silicone Seal Applied to the Roof & Building was Repainted *Second Generation Restaurant (Equipped with Hood & Grease Trap)

**Seattle, WA – May 16, 2024** – Victory Lane Brokerage, a key player in Seattle’s commercial real estate scene, proudly announces the successful conclusion of its latest mid-rise development in the Northgate area. The project, Northgate 100, marks a significant milestone in enhancing lifestyle apartment offerings in the region. **Northgate 100 Development:** Northgate 100 features 80 residential units and 2 retail stores, with potential expansion to 90 units and 75 parking spaces. Initially conceived as a modular construction project, Victory Lane Brokerage meticulously navigated planning and negotiation to bring this vision to fruition. Collaborating with esteemed modular architects JacksonMain, Northgate 100 sets new standards in cost-effective construction and rapid occupancy timelines. Victor J. Hernandez, Owner of Victory Lane Brokerage, emphasizes the significance of modular mechanics in development. “The future of nearly any type of development use will be dominated by modular mechanics and construction. It is a high core competency, high-performance field, but the long-term growth potential is undeniable,” says Hernandez. The site currently hosts two leased buildings, generating significant monthly revenues. With innovative parking solutions and prime zoning, Northgate 100 promises to be a high-profile, cutting-edge addition to the urban landscape. **Prime Investment Opportunity: Pinehurst Retail Building** Victory Lane Brokerage also presents the Pinehurst Retail Building, a premier commercial real estate opportunity in Northgate, Seattle. Listed at $2,975,000, this versatile space offers strong potential returns and a strategic foothold in a thriving commercial hub. **Key Features:** - **Price:** $2,975,000 - **Size:** 5,656 SF on a 16,259 SF lot - **Net Operating Income (NOI):** $78,830 - **Cap Rate:** 2.65% - **Zoning:** NC2-55 (M), ideal for mid-rise development The Pinehurst Retail Building features a distinctive half-barrel roof, expansive open floor plan, dual ADA restrooms, and a long-standing food truck tenant, adding an attractive cash flow component. **Contact Information:** For more details, contact Victor J. Hernandez at (206) 245-0159 or via email at viccipe@gmail.com. **Watch the Video Tour:** https://lnkd.in/e3CWcEmQ **Hashtags:** #CommercialRealEstate #SeattleRealEstate #InvestmentOpportunity #RetailSpace #NorthgateSeattle #PropertyForSale #RealEstateInvestment #DevelopmentOpportunity #VictoryLaneBrokerage

Our team is excited to announce the successful leasing of retail space for our auto sales lessor in the Airport Submarket of the Indianapolis auto dealership. — The interior needed work to get the property ready for market, so we renovated the office with new lighting, a drop ceiling, flooring, space heaters, window A/C, plumbing fixtures, and vanities. - With the price at which my client acquired the property, they can have steady and slightly above-market rents in the coming years. The overall area on the Near West side of Indianapolis gets better with the progress of the Elanco development right across the street. — Are you looking for representation to get your retail property leased? Contact us to explore tailored solutions for your property today. - #ClosedTransaction #CommercialRealEstate #HomeHealthCareDevelopment #Indianapolis #RealEstateInvestment #TenantRepresentation #RealEstateDevelopment #BusinessGrowth #CommercialProperty #IndianapolisRealEstate #IndianapolisCommercial #IndianapolisDevelopment #IndianapolisBusiness #IndianapolisRetailSpace #WestSideIndianapolis #IndianapolisPropertyDeals #IndianapolisInvestments #IndianapolisMarket #IndianapolisCommercialBrokers #IndianapolisLeasing #IndianapolisOfficeDevelopment #IndianapolisEconomicGrowth #IndianapolisOpportunityZone #IndianapolisB2B #IndianapolisUrbanDevelopment #IndianapolisMixedUse #IndianapolisEntrepreneurs #IndianapolisLocalBusiness #IndianapolisCommercialLeasing #IndianapolisRealty

Including parking and retail

This prominently positioned local center has undergone recent renovations and enhancements. It offers a second-floor office area situated in the vibrant South Tampa district, known for its dense population and prominent visibility at a bustling intersection in Tampa. Retail and office spaces are currently available within this inline setting. Contact me if you have any questions or need pricing for any assets in your portfolio. Bobby Gross (813) 387-4776. Investment highlights: • Short Term Leases with Auto Renewals and 3-7% Annual Rental Increases. • Weighted Average Rent is $21.46/SF | Submarket Average Rents are $31/SF. • 6 Retail Suites on 1st Floor (7,613-SF) | 20 Office Suites on 2nd Floor (6,107-SF) • 55.49% of Total GLA Consisting of 1st Floor is on NNN Leases | Upstairs Office is all Gross  • Proximity to Major Arteries & Downtown Tampa | South Tampa is a High Barrier to Entry Submarket | High Intrinsic Value and Limited Supply • Proximity to MacDill Air Force Base | 20,000+ Stationed and $4.98B Economic Impact • Excellent Demographics | 156,000+ Residents within 5 Miles with AHHI in Excess of $121,000 OM Link: https://lnkd.in/eTHh_zkS  

Organization "Renewal of Downtown Lease with Durst Organization for Three Retail Tenants" Read the full article below..

Class A office space available in Fairview Heights

Blissful Tuesday Morning ❣️ So I talked about someone asking me what is commercial real estate and I got a person asking what are the different types of commercial real estate. And here is my response, We have different types of commercial real estate ranging from industrial real estate to hospitality real estate and lot more. But I would love to talk about industrial real estate Ok so firstly industrial real estate has to do with a property or building use for manufacturing large shipping facilities or goods for example warehouse and factories. The location is best suited near major highways and the needs of the tenant and types of industrial property and proximity to raw materials, transportation infrastructure, access to labor and marker demand. Secondly retail real estate refers to property or building that sells consumer goods or services example shopping malls. Urban vacant land can be considered for the location and also location with high population density and good visibility. Finally mixed use can be a combination of any type of commercial property such as resort or retail property. For more questions and enquires feel Free to send a dm. I am Deborah Ehimen your Real Estate Guru. Do have a great day 💞. #coverealestateandconstruction

COMING SOON: Our team of expert agents have begun meeting with their most recent findings regarding the state of the 2024 Toledo CRE market. We will have full reports out soon with updated area stats and trends along with commentary from Harlan Reichle on the Industrial, Retail, Apartment and Office industries. Stay Tuned... #TheRKway #MarketLeaders #MarketKnowledge