Colin McKenzie Consulting’s Post

Coming 2025: The next chapter in the PYA and Realty Trust Group story!

| Just Closed | Pleasant Valley Square | Placerville, CA | 7.98% CAP Thrilled to share the successful closing of a shopping center situated in Placerville, California. This property featured a diverse range of small, locally-owned businesses with rents below the market rate. The new owner intends to gradually increase rental rates and transition from Gross leases to NNN leases. Amidst a challenging market characterized by high interest rates and significant disparities in expectations between buyers and sellers, it's crucial to highlight the positives and address the challenges. One valuable lesson from this transaction: California and insurance can present complications when not properly managed. It's essential to thoroughly evaluate deals to facilitate the buyer's insurance procurement process. I had the honor of representing the seller throughout this transaction. If you're interested in exploring opportunities or have any questions, please don't hesitate to contact me directly at (916) 724-1351. Let's connect! #commercialbroker #cre #retailrealestate #investmentproperties

With our latest closing on this stunning new construction home in Raleigh North Carolina, we thought we would highlight the importance of hiring a Buyer's Agent when purchasing a new build. Buying new construction is an exciting journey, but it can also be complex. This is where having an experienced buyer's agent truly makes a difference. Working with a local real estate broker, we are able to guide clients through the intricacies of new construction purchases, ensuring that you not only get the best deal but also have every detail meticulously handled. Having a buyer’s agent represent you is crucial for several reasons. Builders’ sales representatives work for the builder, while a buyer's agent work solely for you, negotiating the best price and terms to protect your interests. From understanding the construction process to selecting upgrades that add significant value, a trusted buyer's agent will be with you and provide expert guidance every step of the way. Additionally, we ensure the contract is fair, navigate inspections, and make certain that all promises are kept. There are several advantages to having a buyer’s agent when purchasing new construction: Negotiation Power: Secure the best price and terms, ensuring you receive maximum value. Construction Expertise: Help you understand the construction process, timelines, and potential pitfalls. Upgrade Advice: Assist in selecting upgrades that enhance your home's value and appeal while keeping resale value in mind. Contract Review: Scrutinize the contract to ensure it’s fair and in your best interest. Quality Inspections: Coordinate inspections to ensure your new home meets all standards and expectations. Ongoing Support: With you from start to finish, making the process smooth and stress-free. If you're considering buying a new construction home in the Raleigh and Charlotte North Carolina market, please let us know how we can help make the process seamless. Joe “Helping NC Make Moves” Follow Us on Social @GuideMeHomeNC Guide Me Home NC x Berkshire Hathaway YSU #NewConstruction #luxuryhome #homesearch #Invest #Raleigh #NorthCarolina #realestate #realtor #sold #forsale #realestateagent #local #resource #relocation #Downtown #LakeNorman #Davidson #Charlotte  #berkshirehathawayhomeservices #berkshirehathaway #SoldByJoe  #RTP #welcome #WellsFargo #home #google #Apple #Truist #sanfrancisco #newyork #BankofAmerica #LOWES #Vacationhome #Facebook #YouTube  #siliconvalley #investor #investment #Growth #Goals #Learn #finance  #TikTok #Instagram #jobsearch #CEO #Executive #search #openhouse #hometrends #spring #realestate #homelisting #executivehousing #luxuryrealestate #network #referral #raleighrealestate #New #Build #GuidemeHomesNC #Zillow #relocation #recruiter

I with an investor the other day discussing the #NNN lease market as we are in the midst of several developments. A majority of people think that interest rates and cap rates have a direct correlation and can't fathom how people can be paying sub-5 % cap rate deals in this market. Well, there are several reasons that drive these values. Here are a few reasons. 1. Location 2. Credit of the Tenant/Lease 3. Rent and Increase schedule 4. Term 5. Collateral Most forget about the fifth one. If I were to say to you I am selling a 5% cap to a gas station with over 100 locations with a 50-year operating history in the Southwest United States and they are doing a lease on a signalized corner with a gas station, c-store, and car wash and the rent starts at $150k/year on a 20-year lease with 10% bumps every 5 years at a 5% cap which is a $3M valuation. Most earlier investors would wonder why would I buy that besides the security of the tenant. How I see it. There are about $2.5-$3M improvements in site and vertical construction development. Then the car wash and equipment are another $ 2.5M-5M pending the sophistication and size of the car wash. The dirt underneath is probably worth about $20/SF on 2 acres so that is $1.74M. So for $3M, I am getting collateral of $6.74M-$9.74M. If that tenant defaults during the term of the lease or vacates the property for any reason over the term of the lease you as an investor just won big time. Add in the typical acquirer of these properties are in a 1031-exchange with a lower basis than the valuation of the property and have higher unrealized cash on cash returns. Those who just look at the simple nature of interest rates and cap rates don't understand the full picture. Curious to hear the communities thoughts. We are actively looking for retail pad development sites in Nevada, Arizona and Tampa Bay, FL. #realestateinvesting #development #realestatedevelopment #nevada #florida #arizona

Congratulations to our investment sales team on the sale of 112-45 Roosevelt Avenue and 39-16 114th Street in Corona, Queens! Stephen R. Preuss Sr., Kevin Louie, and the team successfully executed the sale of an REO opportunity which includes an assemblage of a two-story commercial building and adjacent parking lot, with frontage on Roosevelt Avenue and 114th Street. The sale metrics are below:   Sale Price: $3,400,000 Price Per Buildable SF (as of right): $236 “We were able to procure a 1031 exchange buyer within several weeks of marketing the asset. The buyer signed an as-is, where-is contract within days of receiving it, and our team was able to execute a two-week closing period bringing the total marketing timeline to less than two months! The property allows the buyer to collect income on the existing office space while getting development plans approved, which will benefit greatly from the future neighboring Willets Point Master Plan.” – Kevin Louie, Vice President The property offers a gross as-of-right buildable SF of ~14,377 SF and is currently improved by a ~1,900 SF building along Roosevelt Avenue. 114th Street features a ~5,000 SF lot with 65 FT of frontage along 114th Street. Inquire with our exclusive brokers for full pricing details. We prepare complimentary Broker Opinion of Values – find out how much your property is worth in today’s market. Comment here or contact our exclusive brokers directly! #byripco #corona #soldnyc #streetsmartandmarketwise

What's commercial property leasing for right now? We have the latest rates for Sydney's inner suburbs and city fringe. We've collated the data, from all commercial real estate agencies, to help you make informed decisions. Discover the hottest suburbs, prevailing commercial rental rates, and valuable commercial property insights. Act now. Download your copy. https://lnkd.in/gk7iDQjy #commercialleasing #Sydney #cityfringe #commercialrealestate #commercialproperty #commercialrentaltrends #commercialrealestateagents #commercialpropertymanagers #commercialpropertydata #commercialpropertyindustry #commercialpropertyprofessionals #commercialrealestateadvice #commercialleasingmarket #commercialpropertyexpertise

What's commercial property leasing for right now? We have the latest rates for Sydney's inner suburbs and city fringe. We've collated the data, from all commercial real estate agencies, to help you make informed decisions. Discover the hottest suburbs, prevailing commercial rental rates, and valuable commercial property insights. Act now. Download your copy. https://lnkd.in/gca9u7_n #commercialleasing #Sydney #cityfringe #commercialrealestate #commercialproperty #commercialrentaltrends #commercialrealestateagents #commercialpropertymanagers #commercialpropertydata #commercialpropertyindustry #commercialpropertyprofessionals #commercialrealestateadvice #commercialleasingmarket #commercialpropertyexpertise

What's commercial property leasing for right now? We have the latest rates for Sydney's inner suburbs and city fringe. We've collated the data, from all commercial real estate agencies, to help you make informed decisions. Discover the hottest suburbs, prevailing commercial rental rates, and valuable commercial property insights. Act now. Download your copy. https://lnkd.in/gca9u7_n #commercialleasing #Sydney #cityfringe #commercialrealestate #commercialproperty #commercialrentaltrends #commercialrealestateagents #commercialpropertymanagers #commercialpropertydata #commercialpropertyindustry #commercialpropertyprofessionals #commercialrealestateadvice #commercialleasingmarket #commercialpropertyexpertise

How much value can being chain free add to your home?🏡⁣⁣ ⁣According to the stats…👇⁣ ⁣⁣Being chain free in London can add 4.5% (£23,782) to your home 1. Increased Attractiveness to Buyers🌟 Being chain free simplifies the buying process since there are no dependent transactions. 2. Higher Offers🏡 Properties that are chain free often receive higher offers because buyers are willing to pay a premium for the reduced risk and convenience. They are often more attractive to first-time buyers or investors who prioritize certainty and speed. 3. Less Stress🔑 For both parties, a chain-free transaction is less stressful. There’s no need to synchronize multiple property deals, reducing the chance of delays or deals falling through. 📲 01992 701 133 📧 Info@duncanphillips.co.uk #sales #lettings #propertymanagement #management #residential #commercial #buying #landlords #tenants #duncanphillips #estateagent #walthamabbey #sunstreet #essex #westessex #hertfordshire #walthamcross #broxbourne #hoddedson #enfield #northlondon #chingford

What's commercial property leasing for right now? We have the latest rates for Sydney's inner suburbs and city fringe. We've collated the data, from all commercial real estate agencies, to help you make informed decisions. Discover the hottest suburbs, prevailing commercial rental rates, and valuable commercial property insights. Act now. Download your copy. https://lnkd.in/gcvjJjJg #commercialleasing #Sydney #cityfringe #commercialrealestate #commercialproperty #commercialrentaltrends #commercialrealestateagents #commercialpropertymanagers #commercialpropertydata #commercialpropertyindustry #commercialpropertyprofessionals #commercialrealestateadvice #commercialleasingmarket #commercialpropertyexpertise