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Newly Constructed 7-Eleven Sells in Lakeland, FL

Calkain’s Patrick Nutt Brokers Sale of the Net-Leased 7-Eleven in a 1031 Exchange

Ft. Lauderdale, FL –  Patrick Nutt, Calkain’s Managing Partner, closed this week on a net-leased 7-Eleven located at 2580 Kathleen Road in Lakeland, Florida.  The property sold for 97% of asking price, landing at $3,305,000.…

Traci BidingerNewly Constructed 7-Eleven Sells in Lakeland, FL

Calkain’s Fernandez Retained to Sell $9.5M

Herndon, VA – Rick Fernandez, Calkain’s Senior Managing Director, was recently retained to sell the Verizon anchored five tenant retail property at the prominent intersection of Route 29 and Rio Road on Charlottesville’s main retail corridor.…

Carolyn SchmidCalkain’s Fernandez Retained to Sell $9.5M

A Source No Longer

GlobeSt.com

Retail will be a forever changing game, and in order to survive a brand needs to keep up on emerging trends, as it’s a well-known story for those retailers who do not.…

Carolyn SchmidA Source No Longer

Fernandez & Fallon Bring Fully Leased Restaurant at $5.3M 1351 H Street NE Washington, DC to Market

Herndon, VA – Calkain’s Rick Fernandez, Senior Managing Director, and Andrew Fallon, Executive Managing Director, recently signed an exclusive agreement to bring the real estate at 1351 H Street, NE Washington, DC to market.  The property under a landlord friendly lease, provides an exceptional opportunity to acquire 6,056 square feet of highly visible, street level, trophy Washington, DC real estate along the core retail block of the revitalized H Street Corridor.…

Traci BidingerFernandez & Fallon Bring Fully Leased Restaurant at $5.3M 1351 H Street NE Washington, DC to Market

Sears Closings Create Potential Opportunity

GlobeSt.com

We’ve all heard the old maxim about one door closing and another opening. In this case, the doors that are closing belong to Sears, with many of them opening again as fitness centers.

It’s an odd dynamic when you think of it, one that truly reflects the changing nature of our retail wants and needs. There was a time when mall operators snubbed their noses at gyms.  All those sweaty people in odd outfits rubbing elbows with targeted shoppers.

Then something happened, consumer shopping patterns shifted. We began to see major headlines in most of the press that the American …

Amanda WillisSears Closings Create Potential Opportunity

A Marriage Made in Net Lease Heaven

Commerical Property Executive

In what is reportedly the largest banking merger in a decade, SunTrust and BB&T are joining forces in what they’re billing as a “marriage of equals.” When the $66 billion deal is complete, those equals will make up the sixth largest financial institution in the country.

As with all weddings (well, most), there will be added perks to look forward to. In this case, beyond whatever the merger might mean to bank customers and other stakeholders, these perks accrue indirectly to net lease investors. When the smoke clears, some 750 individual bank locations will be shuttered as the new entity …

Carolyn SchmidA Marriage Made in Net Lease Heaven

Fernandez Brings $7.94M NNN Leased Germantown, MD Pep Boys to Market

Herndon, VA – Rick Fernandez, Calkain’s Senior Managing Director, has been retained to sell the real estate, including improvements, at 20900 Frederick Road in Germantown, Maryland.  The property has been operated and corporate guaranteed by Pep Boys since the early 90’s under a long-term NNN lease with annual rent increases.…

Traci BidingerFernandez Brings $7.94M NNN Leased Germantown, MD Pep Boys to Market

Calkain’s Fernandez Closes Short Term Cracker Barrel GL

Front Royal, VA Location Sold at 5.39% Cap Rate

Herndon, VA – Calkain‘s Senior Managing Director, Rick Fernandez, recently completed the sale of 15 Riverton Commons Plaza in Front Royal, VA for $2.4 Million.  The 11,524 square foot building on nearly 3 acres was 100% occupied by Cracker Barrel through a NNN ground lease with 4 years remaining on the initial term.…

Traci BidingerCalkain’s Fernandez Closes Short Term Cracker Barrel GL

Investment Returns for Net Leases End Year on Flat Note

CoStar News

But Fast Food and Pharmacies Remain Good Bets

Owning a building housing a fast food restaurant or a pharmacy got a little pricier last year. But all in all, average yields on “net lease” properties remained relatively flat in 2018.…

Amanda WillisInvestment Returns for Net Leases End Year on Flat Note

Fernandez & Fallon Broker $2.2M Sale of Shaw Neighborhood Cocktail Bar

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, recently completed the sale of 1539 7th Street, NW. The popular cocktail bar, The Passenger, occupies the building and is operating under a long-term landlord friendly lease.…

Traci BidingerFernandez & Fallon Broker $2.2M Sale of Shaw Neighborhood Cocktail Bar