March 11, 2008
Calkain Companies Brokers CVS in Edgewater, FL
Transaction inconsistent with market perception
Tampa, FL - Calkain Companies, a national real estate investment brokerage firm, has procured the sale of a CVS drug store in Edgewater, FL. The transaction was consummated at a sale price of $3,120,000. While not a brand new location for CVS, built in 1998, both the buyer and the seller were pleased with the transaction given the location of the asset as well as the credit-worthiness of CVS.
David Sobelman, Calkain Companies’ Vice President, represented the buyer in the transaction. “With our firm’s expansion to the Florida market in 2006, our clients are much more comfortable working within the Southeast markets,” explained Sobelman. “Our first-hand knowledge of the areas lets us analyze the growth regions for our clients looking to invest in the state,” Sobelman continued.
The transaction closed in March 2008 and is currently recorded in the public record.
Calkain is a full service real estate brokerage firm with a national scope focusing on single and multi tenant retail, industrial, hotel and office net leased transactions. Calkain has offices in Reston, VA (Washington, DC), Tampa, FL, and McHenry, MD. Additional information about the firm and its listings may be found at www.calkain.com.
Media Contact: David Sobelman | (813) 282.6000
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