Conrad Sarreal on LinkedIn: My guess is that the average commute time per workday is 1 hour. What is… (2024)

Conrad Sarreal

Vice President & Associate Director & Mentor

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My guess is that the average commute time per workday is 1 hour. What is the average length of books on audible? 10 hours.5 work days/week x 52 weeks = 260 days260 days x 1 hour = 260 hoursThat means that if you listen to books only during your commute on workdays you could get through 26 BOOKS PER YEAR. That doesn’t include listening at night or on airplane rides. So rather than listening to “I Had Som Help” my Morgan Wallen for the 100th time, chew on that…that is a jam though.

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  • Conrad Sarreal

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    Achieving goals in this business is much more attainable with the right people around you, including colleagues, teammates, and especially clients. When you find individuals who align with your strategy, values, and philosophies, double down on those relationships. These connections often prove to be the most fruitful, extending far beyond a simple transaction.

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  • Conrad Sarreal

    Vice President & Associate Director & Mentor

    I slowed down travel during COVID and birth of two kiddos over last few years but ramping it back up again, and it’s awesome. Flying to Denver rn then:- Meetings all day - Visit my guy Spencer Tyoran in our Denver office- Dinner with little brother- BOV presentation early AM tomorrow - Golf with a real estate bo$$Then back home to my girls tomorrow afternoon. Efficient 36-hours baby. S/o to my wife for holding down the fort with 2 highly active daughters under 3 ❤️

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  • Conrad Sarreal

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    🚀 🚀 JUST CLOSED 🚀 🚀This year, we had one of the smoothest deals involving a property, seller, buyer, and lender, all based in Minnesota. We represented the seller, and Ryan F. did an excellent job building rapport with the buyer. His efforts ensured that any hurdles were swiftly and effectively handled.Currently, I'm focusing more on multi-tenant retail properties in California and Texas. And naturally, my team of STNL agents across the country has started welcoming multi-tenant retail opportunities they come across during their regular prospecting.If you'd like more information about this sale, feel free to reach out!

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  • Conrad Sarreal

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    I’m sold

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    Baby boomers are a one-of-a-kind generation. I often have the most enlightening conversations with them, and they share phrases, jokes, and sound bites that deserve to be spread more widely.Here's one I heard recently:An optimist sees the half-filled glass of water as half full,A pessimist sees it as half empty,But a realist tosses out the water, throws in some ice and a shot of whisky and says 'cheers'😂

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  • Conrad Sarreal

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    We all come to ICSC for the meetings, but I especially look forward to who you're going to connect with on the airplane, in the bathroom line, at the bar, the restaurant, etc. Those have coincidentally been very fortuitous run-ins.I had the best conversation with a national shopping center developer on the flight from LA to Vegas. He's been in commercial real estate much longer than I have, so I had the privilege of learning about his past and current deals, strategies, what he finds most helpful in brokerage companies, and even about his family.Great way to start the conference imo. Looking forward to seeing everyone who will be attending our poker event today!

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    🚀🚀 JUST CLOSED 🚀🚀Not the easiest one to get across the finish line but roped in one of my hardest working partners, Joe Polak, given his presence in the Midwest, and together we got it done. We received several offers, but none met our target price. However, through some good old-fashioned strategic calling, we found a regional buyer who needed to complete a small part of a larger 1031 exchange.💰 Lowest cap rate for a NN AutoZone YTD🤝 Closed with first buyer who went under contract🗺 Navigated through a costly deferred maintenance hurdle Please reach out with any questions on this deal or the automotive market.

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  • Conrad Sarreal

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    🚀 🚀 JUST CLOSED! 🚀 🚀 I'm looking forward to more of these posts that include Spencer Tyoran. Our recent transaction was seamless, attracting immediate interest due to its prime position in a desirable Denver submarket and a robust history of high sales volumes. What stood out most was the cap rate—approximately 100 basis points more aggressive than another Big O Tires sold recently in the same region, despite this one being a single-unit operator with a personal guarantee. 📈 Better-than-market sale cap rate☝ Closed with the first and only buyer to enter escrow🕰 Generated multiple offers within the first couple of weeks of marketingFor more details, feel free to contact either of us. Stay tuned for more opportunities, especially in Colorado!

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  • Conrad Sarreal

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    🚨 🚨 JUST LISTED 🚨 🚨 This prime intersection in Marietta represents an exceptional conversion of a formerly underutilized acre into a beautiful retail center anchored by Piedmont Urgent Care and McCalister's Deli, nestled within a critical medical and industrial district. The intersection that it overlooks sees roughly 65,000 cars daily. The center serves not just the healthcare professionals, staff, patients, and visitors of the Wellstar Kennestone Medical Center across the street, the Emergency Department a block away, and numerous nearby medical facilities but also caters to a historically preserved neighborhood boasting incomes over $121,000. Moreover, our property, strategically positioned on Church Street, serves as a crucial link to both the freeway and an extensive industrial park located just across the I-75 Freeway.🏆 Irreplaceable location, being one of the very few retail centers within the entire surrounding medical and industrial hubs⚕ Across from Wellstar Kennestone Hospital (633 beds with 61 more under construction) & Wellstar Kennestone Emergency Department (116k visits/yr) 👀 Instant visibility (and accessibility) to roughly 65,000 cars per day🍔 Mission-critical food service property to surrounding couple milesComing to market soon, but please reach out with any interest in the meantime.

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Conrad Sarreal on LinkedIn: My guess is that the average commute time per workday is 1 hour. 

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