Tag: 7-Eleven

Calkain Achieves Lowest 7-Eleven Cap Rate in Northern Virginia

Jonathan Hipp Brokers Sale of Chantilly, VA 7-Eleven for $3.55M

Calkain Companies, a brokerage firm focusing solely on net lease, completed the sale of a 7-Eleven in Chantilly, Virginia for $3.55M.  This C-store asset, located at 43251 John Mosby Highway, is situated in South Riding, one of the nation’s most affluent neighborhoods, located within the richest county in the United States where the average household income is $152,000.  Jonathan Hipp, Calkain’s President and CEO, represented the seller in this transaction.…

Traci BidingerCalkain Achieves Lowest 7-Eleven Cap Rate in Northern Virginia

Tenant Profile – 7-Eleven

7-Eleven is one of the world’s largest convenience retailers. Currently, 7-Eleven operates, franchises, or licenses more than 63,000 stores across 18 countries.  The chain may best be known for their iconic Slurpees.

AmyTenant Profile – 7-Eleven

Oh Thank Heaven For 7-Eleven

http://seekingalpha.com/

7-Eleven Inc. is the world’s largest, franchisor, and licensor of convenience stores with more than 60,000 stores located in 17 countries around the world. The company actually started on an ice dock in 1927 by “Uncle Johnny” Jefferson who had the bright idea to start selling everyday staples from a dock in Dallas, Texas.…

AmyOh Thank Heaven For 7-Eleven

Fallon Sells 7-Eleven in Hyattsville, MD

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, has recently completed another sale of a 7-Eleven property, this one located at 900 Chillum Road, Hyattsville, MD 20782.  The 1,710 square foot building is 100% leased to 7-Eleven and sold for over $1.7M. The newly renovated convenience store is situated on the hard signalized corner of Riggs Road and Chillum Road, just across the DC border.  7-Eleven opened for business in June of 2016 and the purchaser wanted to start enjoying the cash flow benefits of the full 15 year ground lease.

The purchaser is a local partnership, executing a …

Emily CusmanoFallon Sells 7-Eleven in Hyattsville, MD

Calkain’s Nutt & Fallon Sell 7-Eleven in Miami, FL at $1,330/PSF

Fort Lauderdale, FL – Calkain’s Managing Partner, Patrick Nutt and Executive Managing Director, Andrew Fallon have recently completed the sale of a 7-Eleven property located at 12720 SW 200th Street in Miami, FL.  The 3,062 square foot building is 100% leased to 7-Eleven and sold for $1,330/PSF. The newly constructed building is situated across the intersection from Publix, Walgreens and Bank of America shopping center. The 7-Eleven established operations in December 2015 under a 15 year net lease.

We continue to see investors looking for passive net lease investments occupied by best-in-class national retailers like 7-Eleven, with an insatiable

Emily CusmanoCalkain’s Nutt & Fallon Sell 7-Eleven in Miami, FL at $1,330/PSF

Calkain Awarded Exclusive Listing to Sell 7-Eleven Ground Lease in Hyattsville, MD

Herndon, VA – Andrew Fallon, Calkain’s Executive Managing Director, is bringing to market a 7-Eleven ground lease in Hyattsville, MD this week.  For an investor looking for a net lease investment, this asset presents a great opportunity to enter the marketplace at a $1,905,000 purchase price.  As a recently renovated facility, the grand opening is scheduled for June 23rd 2016. With a highly visible location supported by strong demographics, this asset is an absolute NNN ground lease with no landlord responsibilities.  Additional information on this listing can be found here.

We are seeing an increased investor demand for

Traci BidingerCalkain Awarded Exclusive Listing to Sell 7-Eleven Ground Lease in Hyattsville, MD