Tag: Net Lease

Unique Industrial Flex Investment Opportunity Coming to Market in Loudoun County

Calkain’s Fernandez Brings Industrial Asset to Market, Fully Leased to Three Pedals

Herndon, VA –  Rick Fernandez, Senior Managing Director, has been retained to sell Flex Units 124 & 166 at 23585 Overland Drive in Sterling, VA.  The property is net leased to Three Pedals, a vehicle customization shop with a 15-year operating history.

Located in the Dulles Trade Center II off Route 606, Fernandez will be listing the property for $1.35M at a 6.75% cap rate.  The strong location, enhanced by the Route 606 widening project that will improve access to the Dulles Metro and Route 50 West, coupled …

Traci BidingerUnique Industrial Flex Investment Opportunity Coming to Market in Loudoun County

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 – September 28, 2017 –  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.

CVS is an investment grade tenant and when combined with the long term lease in a prime …

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

Calkain‘s Urban Investment Advisors Team Brings Two Listings to Market

1101 Rhode Island Ave, NW and 1539 7th Street, NW in Washington, DC

Herndon, VA – September 27, 2017 –  Calkain‘s Urban Investment Advisors team of Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director, have been retained to sell two net leased properties in Washington, DC.

1101 Rhode Island Avenue, NW is a highly adaptable 3,000+ sf, first floor retail space located in the Holm and is leased to Cut Seven gym which offers an intense, team driven, workout experience. 1101 Rhode Island is on a very busy signalized corner and a short walk to the Shaw-Howard …

Traci BidingerCalkain‘s Urban Investment Advisors Team Brings Two Listings to Market

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

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

The Net Lease Market In One Word

GlobeSt.com

The first quarter of 2017 can be summed up with a single word: Stable.  According to our Calkain research team, the entire market only moved 11 bps. This lack of movement was driven by the Dollar Store and Pharmacy sectors.…

Traci BidingerThe Net Lease Market In One Word