Tag: Hipp

More Than Drugs And Beauty: Retail Pharmacies As Investments

GlobeSt.com

Even as the role of retail pharmacy stores is changing, the physical buildings and land continue to be worthwhile investments, with a steady rate of return.

At one time, the retail pharmacy was where you would go to fill a prescription. Some of these locations offered other things, ranging from non-prescription health and beauty care products, to candy and gifts.…

Traci BidingerMore Than Drugs And Beauty: Retail Pharmacies As Investments

Healthcare Tops 2017 Net Lease Headlines

GlobeSt.com

Walgreens’ final $4.4-billion offer to buy Rite Aid, and CVS Health’s $69-billion agreement to acquire Aetna were the major stories involving net lease properties. The forecast? Look for net lease property cap rates to move up from historic lows.…

AmyHealthcare Tops 2017 Net Lease Headlines

Net Lease Properties Maintain Pace

Shopping Center Business

With political and financial uncertainties looming, single tenant net lease retail properties had a strong year in 2017.

Shopping Center Business talks to experts in the industry including Calkain CEO & President, Jonathan Hipp and Executive Managing Director, Andrew Fallon.…

AmyNet Lease Properties Maintain Pace

Knowing The Right Time To Sell

GlobeSt.com

Google the term “buying a triple net asset,” and you’ll see plenty of how-to articles on the topic.

However, that information seems to be lacking when it comes to selling a NNN property, which is too bad. The success of an investment isn’t only pinpointing the right time to buy, but understanding the right time to sell.…

AmyKnowing The Right Time To Sell

Has 1031 Been Saved (For Real Estate)?

GlobeSt.com

On Nov. 16, the House of Representatives passed HR-1 the “Tax Cuts and Jobs Act.” Now the legislation moves on to the Senate for its debate, markup and passage. Whether it passes the Senate and winds up on the President’s desk in its current form, or at all, is currently up for debate. Much has been made of the proposed changes to the deductions available to ordinary taxpayers, changes in the tax brackets and the lowering of the corporate tax rate. Any one of those changes could have significant impact on the average person, good or bad, depending upon how …

AmyHas 1031 Been Saved (For Real Estate)?

Newly Built CVS Sells for $5.25M in Elkridge, MD

Calkain’s Hipp and Bogart Co-Broker the Sale of CVS Net Leased Asset in a 1031 Exchange

Herndon, VA –  Calkain recently brought to market and sold the CVS net leased asset located at 7650 Port Capital Drive in Elkridge, MD.  The newly built CVS opened in August and has a 25 year lease term with five, 5-year options.  Jonathan Hipp, President and CEO of Calkain, represented the seller and achieved a $5.25M sales price with a 4.95% cap rate.…

Traci BidingerNewly Built CVS Sells for $5.25M in Elkridge, MD

Will Amazon’s Acquisition Of Whole Foods Eat Up The Net Lease Industry?

GlobeSt.com

On August 28, Amazon officially acquired Whole Foods. There have been some immediate customer facing changes such as slashing prices on a selection of common foods and offering the Amazon Echo and Dot devices in stores. Amazon has promised even more changes in the future.…

AmyWill Amazon’s Acquisition Of Whole Foods Eat Up The Net Lease Industry?

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