Tag: Fernandez

Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio– Harrisonburg, VA Closes for $3.12M

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Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, to private investors on a 1031 exchange, of the real estate at 1860 East Market Street In Harrisonburg, Virginia under a long term lease to Potomac Family Dining operating an Applebee’s restaurant at this location. This sale completes a five unit portfolio sale of Applebee’s in Maryland and Virginia.

Fernandez commented, “These assets are true coupon clippers with no landlord responsibilities.” He continued, “The Harrisonburg location has been a strong performer for decades and the buyers were drawn to the rock-solid, high traffic real estate with a proven …

Leigh ClineCalkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio– Harrisonburg, VA Closes for $3.12M

Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M

 

Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, to private investors on a 1031 exchange, of the real estate at 1860 East Market Street in Harrisonburg, Virginia under a long term lease to Potomac Family Dining operating an Applebee’s restaurant at this location.  This sale completes a five-unit portfolio sale of Applebee’s in Maryland and Virginia.…

Amanda WillisCalkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M

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 net lease investment real estate features a NNN ten year lease to Zeppelin a wildly popular sushi and charcoal grilled yakitori restaurant.…

Leigh ClineFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail

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

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.…

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

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.…

Traci BidingerCalkain’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