Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors...

11
Property Overview SAATCHI & SAATCHI X, INC. CORPORATE OFFICE Tenant is wholly owned by Publicis Groupe (EPA:PUB, Market Cap ~$14 B) 605 W LAKEVIEW DRIVE | Springdale, Arkansas www.sagepartners.com Brian Shaw Chief Executive Officer 479 845 3000 [email protected] Matt Imhoff Associate 479 845 3000 [email protected]

Transcript of Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors...

Page 1: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

Property Overview

SAATCHI & SAATCHI X, INC. CORPORATE OFFICE Tenant is wholly owned by Publicis Groupe (EPA:PUB, Market Cap ~$14 B)

605 W LAKEVIEW DRIVE | Springdale, Arkansas www.sagepartners.com

Brian ShawChief Executive Officer479 845 [email protected]

Matt ImhoffAssociate479 845 [email protected]

Page 2: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comPROPERTY OVERVIEW

TENANT Saatchi & Saatchi X, Inc. (wholly owned by Publicis Groupe (EPA:PUB))

ADDRESS 605 W Lakeview Drive, Springdale, AR

USE Creative open office space

LEASE TYPE Single Tenant, NNN Lease

BUILDING SIZE 42,609 SF

LAND AREA 3.5± acres

YEAR BUILT 2002

OCCUPANCY 100%

LOADING DOCK 1 Loading Dock on SE side of building

LOCATION 20 miles to Walmart HQ & 1.5 miles to Proctor & Gamble’s Walmart HQ. Close proximity to Northwest Arkansas Mall, Lake Fayetteville, and Razorback Regional Greenway trail system.

FINANCIALS Available with signed Confidentiality Agreement

Purchase Price: $8,500,000Cap Rate: 8.5%Avg. Cap Rate Over Remaining Term: 8.9%

Lease AbstractTENANT SQFT ANNUAL

INCREASESLEASE TYPE ORIGINAL LEASE

COMMENCEMENT1ST

RENEWAL2ND

RENEWALCURRENT

EXPIRATION

Saatchi & Saatchi X, Inc. 42,609 2% NNN - Landlord responsibility is limited to structural, HVAC, and roof

06/07/2002 02/01/2008 04/01/2018 12/31/2024*

TOTALS 42,609

Sage Partners has been exclusively retained by the Owner to offer qualified investors the opportunity to purchase 605 W Lakeview Drive, a 42,609 square foot single tenant office building situated on 3.5± acres in Springdale, Arkansas. The Property is 100% leased on a triple net basis for a 7-year lease term to Saatchi & Saatchi X., Inc., a wholly owned subsidiary of the Publicis Groupe (EPA:PUB). Publicis Groupe, headquartered in Paris, France, is the world’s third largest marketing and communications company with a market cap of approximately $14 billion.

*Lease subject to termination option.

Page 3: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comPROPERTY PHOTOS

Page 4: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comPROPERTY PHOTOS

Page 5: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comPROPERTY PHOTOS

Page 6: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comTENANT PROFILE

SAATCHI & SAATCHI X, INC.

Organizational Structure:Saatchi & Saatchi X, Inc. is a wholly owned subsidiary of the Publicis Groupe. Headquartered in Paris, France, Publicis Groupe, the world’s third-largest communications holding company, is a $14 billion company with revenues in excess of $10 billion per year. Publicis Groupe acquired Saatchi & Saatchi X, Inc. in 2003 for an undisclosed amount.

Saatchi & Saatchi X, Inc.:Saatchi & Saatchi X, Inc. has been the architect of Shopper Marketing since it’s founding in 1997. Saatchi & Saatchi X is a global leader in shopper marketing, revered as the hothouse for world-changing ideas and brand experiences that create sustainable growth for their clients. Through a passion for ideas, strategic in-store communications and a deep understanding of shoppers’ motivations, Saatchi & Saatchi X is successfully creating intuitive shopping experiences that improve shopper’s lives. Saatchi & Saatchi X offers shopper marketing leadership as well as expertise in environmental design, package design and in-store media. Saatchi & Saatchi X is at the heart of shopping; the passionate bond between shoppers and brands around the world. Winner of six Effie Awards, twice as many as any other shopper marketing agency, Saatchi & Saatchi X is the most-effective and one of the most-awarded shopper marketing agencies in the world. Saatchi & Saatchi X continues to transform how clients and brands connect, communicate and collaborate with shoppers through powerful and creative multi-channel innovations and brilliant retail executions.

Proctor & Gamble Partnership:Originally a build-to-suit in 2002, the property is located within 1.5 miles from Proctor & Gamble’s 61,017 SF Walmart office at 1303 E Joyce Boulevard, Fayetteville, Arkansas. Proctor & Gamble recently signed a new 10 year lease renewal through 8/31/2027. Saatchi & Saatchi X’s most successful partnership is with Walmart’s Proctor & Gamble team. This close working relationship has allowed the duo to become the most awarded partnership in shopper marketing history.

• Proctor & Gamble• Covergirl• Wendy’s• Keurig• Coca Cola• Duracell

• Walmart• Target• Amazon• Publix• Kroger• Walgreens

Client List:

Square Feet: 42,609Original Lease: 06/02 - 12/24Website: www.saatchix.com

Page 7: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

National publications, economists and university researchers recognize Northwest Arkansas as one of the nation’s most successful regions. They are consistent with their praise of Northwest Arkansas, its counties and cities, its economy and businesses, and its quality of life.

NORTHWEST ARKANSAS

BEST IN THE U.S.Lonely Planet, the world’s largest publisher of travel-related books and guides, in February 2016 ranked Northwest Arkansas at No. 7 in its list of “Best in the U.S.”

BEST CITIES FOR JOBSNorthwest Arkansas in 2017 sat at No. 6 in a ranking of the nation’s Best Cities for Jobs, according to NewGeography.com.

BEST PLACES TO LIVEU.S. News & World Report put the Fayetteville-Springdale-Rogers (Northwest Arkansas) Metropolitan Statistical Area at No. 5 on its 2017 list of Best Places to Live.

FASTEST-GROWING ECONOMY THROUGH 2021The Fayetteville-Springdale-Rogers Metropolitan Statistical Area (Northwest Arkansas) economy, according to a report by IHS Global Insight for the U.S. Conference of Mayors.

Visit http://www.nwacouncil.org/our-regions-ranking/ for more information.

BELLA VISTAThis city, on the northern end of the Northwest Arkansas region, was selected as one of the nation’s 25 Best Places to Retire in 2017 by Forbes. The affordability of housing was a significant factor in the ranking.

BENTONVILLENerdWallet put Bentonville at No. 9 on its list of Best Small Cities

for Families in October 2017. The online publication ranked cities with populations between 25,000 and 75,000 residents.

National Geographic selected Bentonville as one of America’s 20 Best Mountain Bike Towns in May 2017.

FAYETTEVILLEMoney magazine selected Fayetteville as No. 1 on its ranking

of Best Places for Singles Right Now in February 2018.

Money magazine ranked Fayetteville No. 43 of the Top 70 in its September 2017 Best Places to Live.

ROGERSMoney magazine ranked Rogers No. 45 of the Top 70 in its September 2017 Best Places to Live.

S ILOAM SPRINGSMoney magazine ranked Siloam Springs No. 68 of the Top 70 in

its September 2017 Best Places to Live.

SPRINGDALEWalletHub ranked Springdale as the nation’s 17th on a list of the Fastest-Growing Cities in America among 515 cities evaluated in 2017. It sits at No. 6 among small cities.

Money magazine ranked Springdale No. 58 of the Top 70 in its September 2017 Best Places to Live.

WWW.SAGEPARTNERS.COM

Page 8: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comAREA OVERVIEW

Arkansas Music Pavilian

Pinnacle Hills Promenade

University of Arkansas - Old Main

FAYETTEVILLE/BENTONVILLE MSA IS NAMED NO. 3 BEST PLACE TO LIVE

U.S. News & World Report named the 2016 Best Places to Live in the United States. The new list ranks the country’s 100 largest metropolitan areas based on affordability, job prospects and quality of life. Denver, Colorado, is named the No. 1 place to live on the inaugural list, followed by Austin, Texas, at No. 2. Fayetteville, Arkansas, and Raleigh-Durham, North Carolina, take the No. 3 and No. 4 spots, respectively.

NO. 1 MOST AFFORDABLE PLACE TO LIVE IN 2016

Fayetteville/Bentonville MSA topped U.S. News and World Report’s list of the 20 Best Affordable Places to Live in the U.S. for 2016. The study looked at cities’ rankings on U.S. News’ list of the best places to live, as well as population, median home price, annual salary and percent of income spent on living expenses for their rankings.

BEST PLACES FOR BUSINESS AND CAREERS

Forbes ranked Northwest Arkansas at No. 24 in its list of Best Places for Business and Careers in 2016. Criteria included labor supply, quality of life, college attainment, crime statistics, local college quality, and cultural and recreational opportunities. In the ranking, Northwest Arkansas was ahead of larger metropolitan areas, including San Jose, Orlando, Nashville and Minneapolis/St.Paul. Ranked No. 11 in job growth, Northwest Arkansas finished ahead of cities such as Denver, Dallas and Atlanta in that category.

NO. 8 TOP PLACE FOR FAMILIES IN 2015 ACCORDING TO LIVIBILITY.COM

Once considered a sleepy small town, Bentonville, AR has emerged as a creative capital offering opportunities for entrepreneurialism and innovation. Yes, it’s the home of Wal-Mart, the largest retailer in the world, but don’t discount the experience this community offers. During the last 15 years, young families have discovered Bentonville’s appeal and helped grow the city’s population by more than 79 percent since 2000. What makes Bentonville one of the Best Cities for Families are the city’s great schools, surrounding natural attractions, strong support systems and small-town values.

HOME TO THE UNIVERSITY OF ARKANSAS - FAYETTEVILLE

Named as the 69th Best National Public University by U.S. News & World Report, the University of Arkansas boasts Enrollment of 27,194 while maintaining a Student-to-Faculty Ratio of 19:1. Both their Architecture and Law Programs are ranked among the top in the nation.

AREA OVERVIEW

Downtown Bentonville Square

Walton Arts Center

Page 9: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comAERIAL

E JOYCE BLVD

N C

OLL

EGE

AVE

71B

29,000VehiclesPer Day

AdvancedOrthopaedic

Specialists

Physicians Specialty Hospital

Northwest Arkansas Mall

N C

ROSS

OVE

R RD

FayettevilleAthletic

Club

SUBJECTPROPERTY

SpringdaleCountry Club

33,000VehiclesPer Day

37,000VehiclesPer Day

Lake Fayetteville

Multi-UseTrail System

Page 10: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

www.sagepartners.comCOMPANY OVERVIEW

A FIRM POWERED BY EXPERIENCE

Sage Partners (“Sage”) specializes in providing commercial real estate brokerage, management and development services in the state of Arkansas. Sage combines the technical, market, financial, and industry expertise of seasoned professionals to create a full-service commercial real estate company. The Sage team has many years of in-depth experience that provides solutions through a combination of services.

Diversified experience provides Sage with a unique perspective combining an insight of national trends with unparalleled local knowledge. Additionally, Sage brings a unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real solutions to clients’ needs and ensures thorough market penetration in all respects.

WHY USE SAGE - PEOPlE

We are proud of the success the company has had because it is based on a very simple equation of “good people + hard work + intelligent, long term vision equals long term success.” What impresses people is consistent hard work, market knowledge, quality and the character of team members.

OUR MISSION

“Our team will work with faith and integrity, utilizing our expe-rience and expertise to provide superior real estate services to the benefit of our clients, families, and community.”

CORE VALUES

Practice Integrity - We always try to do what’s right..in all settings, no matter the cost

Clients are Supreme - We want our clients to see that we are outstanding with our experience, knowledge, effort and results

Be Entrepreneurial - We are proactive and creative in solving problems and seizing opportunities

Teamwork Wins - We can achieve more with all of us than individually

Give Back - We want to invest in our community with meaningful generosity

Page 11: Property Overview - LoopNet...unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real

Little Rock, Arkansas

1 Allied Drive, Suite 2410Little Rock, Arkansas 72202

501.716.5511

Brian Shaw Chief Executive Officer

• BSIM from the University of Arkansas, MBA from the University of Denver• 20 Years experience in commercial real estate with a focus on development

and investment opportunities• Principal Broker of Sage Partners, Rogers and oversees the brokerage opera-

tions• Directly involved in the project management and completion of over $100

million of real estate• Client Experience: Exxon Mobil, AC Nielsen, Charles Schwab, Georgia Pacific,

Bausch & Lomb, Lowe’s Home Improvement, Target, Walmart, Buffalo Wild Wings, Applebee’s and Office Depot

Bentonville, Arkansas

609 SW 8th Street, Suite 130Bentonville, Arkansas 72712

479.464.9700

Matt ImhoffAssociate

• BS in Electrical Engineering from the University of Arkansas• MS in Technological Entrepreneurship from Northeastern University in Boston, MA• Involved in investment sales of over $30 million in past twelve months • Focus on investment sales, office, industrial and retail• Candidate for Certified Commercial Investment Member (CCIM)

Rogers, Arkansas

5100 W JB Hunt Drive, Suite 800Rogers, Arkansas 72758

479.845.3000

www.sagepartners.comCONTACT INFORMATION

SAGE PARTNERS DISClOSURE

Sage Partners has been engaged by the owner of the Property to market it for sale. Information concerning the Property has been obtained from sources other than Sage Partners and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any references to age, square footage, income, expenses and any other Property specific information are approximate. Any opinions, assumptions, estimates, or financial information contained herein are projections only and are provided for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser. Buyers should conduct their own independent investigation and inspection of the Property in evaluating a possible purchase. The information contained herein is subject to change.

5100 W JB Hunt Drive, Suite 800 | Rogers, AR 72758 | 479 845 3000