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Fernandez & Fallon Broker $1.85M Sale of Capitol Hill Retail

Herndon, VA – Calkain‘s Urban Investment Advisors team of Rick Fernandez and Andrew Fallon recently completed the sale of 749 8th Street, SE located in the Barracks Row area of the Capitol Hill neighborhood just north of the Navy Yard in Washington, DC. The 100% leased, 2,244 square foot, 2-story property is anchored by District Doughnut, a specialty doughnut shop, and the Skin Beauty Bar which offers luxury spa services.  Calkain represented the seller in the transaction and the property sold for $1,850,000.00 or $824 per square foot.

Fallon commented, “The property is well-located along 8th Street (Barracks …

Traci BidingerFernandez & Fallon Broker $1.85M Sale of Capitol Hill Retail

Rite-Aid on its Own: What it Means for Real Estate Investors

GlobeSt.com

In February 2018, Albertsons Companies announced that it would acquire the Rite Aid Corporation. The plan was for Albertsons’ to acquire all of the locations not included in Walgreens’ purchase of 2,186 stores. This would have added approximately 2,400 pharmacies to Albertsons, which then wanted to rebrand its other pharmacies to the Rite Aid name.…

Amanda WillisRite-Aid on its Own: What it Means for Real Estate Investors

The home of The Passenger in Shaw is for sale

Washington Business Journal

The building that houses the popular Shaw bar The Passenger is up for sale

Herndon-based real estate brokerage firm Calkain Cos. has been retained to seek buyers for the Seventh Street building that is home to the cocktail bar and eatery, which maintains a longterm lease in the building, according to a release sent out Monday.…

Amanda WillisThe home of The Passenger in Shaw is for sale

Fernandez & Fallon Bring Shaw Neighborhood Real Estate to Market

The Passenger – 1539 7th Street, NW Washington, DC

Herndon, VA – Calkain‘s Urban Investment Advisors team of Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director, have been retained to sell 1539 7th Street, NW under a long-term stabilized lease to acclaimed cocktail venue and eatery The Passenger.…

Albina SuFernandez & Fallon Bring Shaw Neighborhood Real Estate to Market

Calkain Negotiates $15.6M Sale of Property Net Leased to Publix in Northern Virginia

REBusinessOnline.com

FREDERICKSBURG, VA. — Calkain Cos. LLC has arranged the $15.6 million sale of a property net leased to Publix in Fredericksburg, a town in northern Virginia. The 49,098-square-foot store, located at 9601 Jefferson Davis Highway, opened in July. …

Amanda WillisCalkain Negotiates $15.6M Sale of Property Net Leased to Publix in Northern Virginia

What Will Net Lease Look Like in 10 Years?

GlobeSt.com

Two distinct types of changes are occurring in the net lease market, cyclical and fundamental. Cyclical change, as the name suggests, comes in cycles, is repeated and predictable, while fundamental change constantly progresses and alters the industry forever.…

Amanda WillisWhat Will Net Lease Look Like in 10 Years?

Calkain Arranges Sale of the Publix Super Market in Fredericksburg, VA

Publix Super Markets’ Northernmost Store in Fredericksburg, VA Sells for Nearly $15.57 Million

Herndon, VA – Calkain Companies LLC, a boutique STNL brokerage firm, has recently closed on the sale of a net-leased Publix Super Market for $15,568,085.  This 49,098 square foot store, located at 9601 Jefferson Davis Highway in Fredericksburg, VA, is the northernmost store for the chain.  Having just opened this July, the new Publix is part of Cosner’s Corner, home to a Super Target and Kohl’s.  …

Traci BidingerCalkain Arranges Sale of the Publix Super Market in Fredericksburg, VA

Calkain’s Trio of Pharmacy Sales Underscores the Importance of Lease Term in Net Lease Transactions

Patrick Nutt Brokers Sale of Three Pharmacy Sector Sales So Far This Month

Ft. Lauderdale, FL – Calkain Companies LLC, a boutique STNL brokerage firm, has recently closed on three net leased pharmacy assets.  Patrick Nutt, Calkain’s Managing Partner, represented the seller in each of the transactions and achieved cap rates at a significant premium to the national average for pharmacy sector deals in the past 12 months. …

Traci BidingerCalkain’s Trio of Pharmacy Sales Underscores the Importance of Lease Term in Net Lease Transactions

A Sector-by-Sector Look At Net Lease Cap Rates

GlobeSt.com

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year, according to the Calkain Cos.’ Semi-Annual Net Lease Report.…

Amanda WillisA Sector-by-Sector Look At Net Lease Cap Rates

The Economy Thrives. Single Tenant Net Lease Market Soars.

Calkain Releases Net Lease Economic Report, Semi-Annual Edition.

Herndon, VA – Calkain today released its latest Net Lease Economic Report, Semi-Annual Edition.  Despite a barrage of negative news with trade wars, chemical warfare, and political unrest, the economy continues to soar.  The economic strength bodes well for developers and owners of commercial real estate.

According to the report, “Consumer spending is enhanced with each and every net new job created, which has particular salience in the single tenant net lease market.  Consumer and business confidence also tend to drift higher, inducing further household and enterprise outlays into the economy.”…

Traci BidingerThe Economy Thrives. Single Tenant Net Lease Market Soars.