Press Releases

Calkain Brokers Sale of West Bay Retail Center in Largo, FL

Calkain’s Patrick Nutt & Connor Barton Broker Sale of 4-Tenant Net-Leased Shopping Center

Ft. Lauderdale, FL – April 10, 2019 Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased multi-tenant strip center.  The property, located at 1001 West Bay Drive in Largo, Florida, sold for $2,615,000.…

Carolyn SchmidCalkain Brokers Sale of West Bay Retail Center in Largo, FL

Calkain’s Fernandez Sells $7.5M Fair Lakes Center Property

Net Leased to Bed Bath & Beyond (andThat! and Harmon Face Values)

Herndon, VA – Calkain’s Rick Fernandez, Senior Managing Director, recently completed the sale of 13065 Fair Lakes Center in Fairfax, VA.  The property includes a 5-acre parcel with 37,000 square feet of improvements and is guaranteed and net leased to Bed Bath & Beyond, Inc operating under its boutique concepts andThat! and Harmon Face Values.  The property traded for $7.5M, a 6.15% cap on current rent.…

Traci BidingerCalkain’s Fernandez Sells $7.5M Fair Lakes Center Property

Brand New Net-Leased Cumberland Farms Sells for $4.9M

Calkain’s Patrick Nutt & Connor Barton Broker C-Store Sale in Ft. Lauderdale (Coral Springs), FL

Ft. Lauderdale, FL Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased Cumberland Farms asset, located at 8900 Wiles Road in Ft. Lauderdale (Coral Springs), Florida.  The asset, which sold for $4.9 million, was a newly constructed project with a 20-year absolute NNN ground lease. …

Traci BidingerBrand New Net-Leased Cumberland Farms Sells for $4.9M

Calkain’s Rick Fernandez Arranges $6.35M Sale of Washington DC, Metro Applebee’s

Herndon, VA – March 20, 2019 Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, sold individually to private investors, of Applebee’s restaurants in California, Maryland, and Winchester, Virginia.…

Carolyn SchmidCalkain’s Rick Fernandez Arranges $6.35M Sale of Washington DC, Metro Applebee’s

Calkain’s Patrick Nutt & Connor Barton Broker Sale of the Net-Leased Starbucks/Aspen Dental Strip Center

Ft. Lauderdale, FL  – Calkain’s Patrick Nutt and Connor Barton, closed this week on a net-leased multi-tenant building fully leased to Starbucks Coffee and Aspen Dental.  The property, located at 1590 N Broadway Avenue in Bartow, Florida, sold for $3,850,000.  Calkain, in conjunction with the owner, streamlined the due diligence process and enabled the international buyer to close more than two weeks ahead of schedule.…

Carolyn SchmidCalkain’s Patrick Nutt & Connor Barton Broker Sale of the Net-Leased Starbucks/Aspen Dental Strip Center

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

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

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