Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently helped a buyer complete their first purchase of a NNN investment property. The High Point, North Carolina property included a 3,000 sf building on nearly an acre of land NNN leased to Bank of America.
“The buyer wanted a simple to own, net lease property where the tenant is responsible for all maintenance, repairs, utilities and taxes and this deal, boosted by Bank of America’s long operating history at this location, was a great fit,” Commented Fernandez. The transaction closed in the last 30 days.
Currently, Fernandez also has a strong performing fully leased NNN Retail Center in Charlottesville, Virginia available for purchase along with NNN investment properties offered for sale at market cap rates up to 8% and priced from $1.5M to $11M. For more information, please contact Rick Fernandez at firstname.lastname@example.org or call 703.787.4732.
Calkain Companies is a commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant net leased properties through all aspects of the transaction including advisory, brokerage, debt & equity placement, asset management and research. Calkain has a national platform with multiple office locations throughout the entire East Coast. Additional information about the firm and listings may be found at calkain.com.