Tag: Calkain

With 17 Dollar Generals Sold This Year, There’s a New General in Town

Calkain’s Fallon Paves the Way for Net Lease Investors

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, recently completed the sale of his 17th Dollar General store this year, having sold 11 of them just this summer. The stores are located in Pennsylvania, Ohio, Maine and Maryland. All properties are similar in size, approximately 9,000 square feet and are 100% leased to Dollar General Corporation.  The newly constructed NNN stores sold at an average cap rate of 6.67%, right in line with the 6.63% average cap rate for Dollar Generals at the end of the Second Quarter 2017 according …

Traci BidingerWith 17 Dollar Generals Sold This Year, There’s a New General in Town

Fernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Calkain Brings 1401 Maryland Ave NE to Market, Fully Leased to Chick-fil-A

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1401 Maryland Ave NE Washington DC.  The fee simple investment opportunity features a long term, landlord friendly lease with Chick-fil-A.  The highly visible corner real estate features one of the only fast food drive-thru windows in the District of Columbia and the only Chick-fil-A in the city with a drive thru.  The Chick-fil-A is in close proximity to the rapidly redeveloping H Street, Union …

AmyFernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Fernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1544 9th Street NW, Washington, DC. The real estate property has a twelve-year net lease with the New Orleans style, French Quarter Brasserie & Oyster Bar (FQB).…

Emily CusmanoFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

Fernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the MacArthur Retail & Professional Center located at 5185 MacArthur Blvd. NW in Washington, DC.…

Emily CusmanoFernandez & Fallon Retained to Sell the 43,000 SF MacArthur Blvd. Retail & Professional Center

Calkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of a NNN Dunkin’ Donuts and Baskin-Robbins in Oldsmar, Florida for $2.475M at a cap rate of 5.32% on in place income.…

Emily CusmanoCalkain Companies’ Rick Fernandez Sells $2.48M Dunkin’ Donuts/Baskin-Robbins

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CCIM.com

Triple-net leased properties are closely hewing to 10-year Treasury note rise and fall. Will this trend continue?

For the last five years, cap rates have been compressing from an average of 7.19 percent in 2010 to a low of 6.35 percent shortly before the 2016 U.S. presidential election. This has been due primarily to falling interest rates, which reflects the historically low rates on the 10-year Treasury note. In the financial realm, the 10-year Treasury is the benchmark rate on which many assets either directly or indirectly derive their value.

Since triple-net leased properties with investment-grade, credit-rated tenants are much …

AmyIn Sync

Tenant Profile – Hardee’s

Wilber Hardee opened his first restaurant in Greenville, North Carolina in 1960. Five months after opening, Hardee’s had its first franchisee. This burger chain has grown at an impressive rate, opening its 1,000th restaurant in just 15 years of business.

AmyTenant Profile – Hardee’s

Fernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the first floor restaurant space of the newly built, 94% sold out, 10Eleven luxury Condominiums at the corner of 11th and M Streets NW.…

Emily CusmanoFernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC