Tag: cap rate

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.…

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

Calkain Represents Top DC Developer in Sale of NC Walgreens at a 5.51% Cap

Herndon, VA – Andrew Fallon and Rick Fernandez of Calkain Companies completed the sale of a NNN Walgreens in Garner, North Carolina on behalf of one of DC’s top area developers. Calkain previously worked with the client in the acquisition of this asset, having been provided investment criteria of obtaining a liquid NNN property. More recently, Calkain listed the property and was able to procure a 1031 exchange buyer, quickly re-selling the Walgreens for just over $5 million with a 5.51% cap rate.…

Traci BidingerCalkain Represents Top DC Developer in Sale of NC Walgreens at a 5.51% Cap

Calkain Sells Fifth PDQ Restaurant Property

Fort Lauderdale, FL – Calkain Companies, America’s Net Lease Company, has sold another PDQ restaurant property bringing to five the number of PDQ’s the firm has sold on behalf of the parent corporation and its related entities. The property, outside Jacksonville, Florida, traded for $3,000,000.00.

PDQ is becoming a better known national chicken concept as they now have nearly 60 units operating in eight states,” said Patrick Nutt, Managing Partner at Calkain.

“Investors seem to have an affinity for the quality real estate and high traffic generated at a PDQ location, and with the growing brand comes improving creditworthiness, all …

Traci BidingerCalkain Sells Fifth PDQ Restaurant Property

Rick Fernandez of Calkain Companies Sells $2.3M Franchise Dairy Queen for 6.00% Cap Rate

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 Dairy Queen in Franklin, Virginia.

Our marketing approach continues to yield industry leading cap rates,” said Fernandez.

“Calkain’s national reputation as the leading provider of net lease investments draws investors from around the globe and we were able to secure multiple offers providing our client with the most favorable closing options,” Fernandez continued.

Fernandez represented the seller in the sale of the property, providing marketing and transaction support to guide the deal from negotiating …

Traci BidingerRick Fernandez of Calkain Companies Sells $2.3M Franchise Dairy Queen for 6.00% Cap Rate

How Starbucks Keeps A Competitive Edge

GlobeSt.com

Starbucks is one of the world’s most recognizable brands and has continued to stay ahead of its competitors. Recently, the company announced a major expansion strategy which will grow number of Starbucks locations by over 50%. In the net lease world, their cap rates have not only compressed over the past few years but are trading lower than the national average STNL cap rates.…

Traci BidingerHow Starbucks Keeps A Competitive Edge

Fallon & Campbell Complete Sale of Dollar General in Loganville, GA

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon and Associate Director, Scott Campbell, have recently completed the sale of the Dollar General, in Loganville, GA.  Built in 1996, originally as an Eckerd Pharmacy with approximately 9,800 square feet, the building is now 100% leased to Dollar General Corporation. The asset was previously occupied by Rite Aid and was converted to a Dollar General store in 2010.  With a new seven year lease extension, , this location sold at the full asking price of $1,809,231, a 6.50% cap rate.  The investment property is setup as a true NNN lease structure …

Traci BidingerFallon & Campbell Complete Sale of Dollar General in Loganville, GA