Tag: Net Lease

Sears Closings Create Potential Opportunity

GlobeSt.com

We’ve all heard the old maxim about one door closing and another opening. In this case, the doors that are closing belong to Sears, with many of them opening again as fitness centers.

It’s an odd dynamic when you think of it, one that truly reflects the changing nature of our retail wants and needs. There was a time when mall operators snubbed their noses at gyms.  All those sweaty people in odd outfits rubbing elbows with targeted shoppers.

Then something happened, consumer shopping patterns shifted. We began to see major headlines in most of the press that the American …

Amanda WillisSears Closings Create Potential Opportunity

Tenant Profile – Dunkin’

Dunkin’, previously known as Dunkin’ Donuts, has established itself as one of the premier coffee and donut chains throughout the country. Founded in Quincy, Massachusetts in 1950 Dunkin’ has since expanded into a multi-concept international chain. Currently, Dunkin’ has over 11,300 locations. In the US they cover 41 states. Baskin-Robbins is also under the Dunkin’ umbrella and both concepts will often share one space.…

Amanda WillisTenant Profile – Dunkin’

Investment Returns for Net Leases End Year on Flat Note

CoStar News

But Fast Food and Pharmacies Remain Good Bets

Owning a building housing a fast food restaurant or a pharmacy got a little pricier last year. But all in all, average yields on “net lease” properties remained relatively flat in 2018.…

Amanda WillisInvestment Returns for Net Leases End Year on Flat Note

The Net Lease Resolution for 2019: Expect More of the Same

Unlike most of us, there was no rich celebration of the new year for the net lease sector. No massive resolutions, in fact, not much change at all. If there is a watchword for 2019, it seems to be expect more of the same, at least in terms of the cap rate picture.

In fact, as we pointed out in our most recent quarterly report, tracking the single tenant net lease cap rate against the 10-year Treasury, both have been virtually flat going back to the fourth quarter of 2016, and of the two, cap rates were the flatter! The

Amanda WillisThe Net Lease Resolution for 2019: Expect More of the Same

What Can Opportunity Zones Offer NNN Investors?

Commercial Property Executive

Even if the final regulations do not include net leased assets, the expected increase in retail stores in these districts is promising.

For answers to that question, we’ll just have to wait a while. If the current partial shutdown of the US government doesn’t hang things up too much, the Treasury Department is expected to come out next month with regulations that are said to answer that question and many more. In the meantime, net lease investors will just have to bide their time.…

Amanda WillisWhat Can Opportunity Zones Offer NNN Investors?

Net Lease Properties Maintain Pace

Shopping Center Business

The market for single tenant net lease properties in 2017 operated in an environment of ambivalence. At issue were the political uncertainty following the election of a new U.S. president along with uncertainty regarding how proposed changes to the nation’s tax code would treat investors used to the benefits of a 1031 exchange. Rising interest rates over the past 18 months factored into net lease transactions, compressing yields on properties. All of these elements come into play at a time when retail itself is going through changes, forcing investors to look more closely at not only the real estate and

Amanda WillisNet Lease Properties Maintain Pace

The Continued Strength of the Retail Pharmacy Sector

GlobeSt.com

Think about your neighborhood retail pharmacy. Perhaps it’s a stand-alone Walgreens on a busy street corner, or a CVS on a pad site, shadow-anchored by a big-box retailer. If you’re anything like the average consumer, this pharmacy offers a handy location for prescriptions, health and beauty products, and groceries.

If investors are anything like the average net lease property owner, they might find …

Amanda WillisThe Continued Strength of the Retail Pharmacy Sector

How Have Apps Changed Retail?

GlobeSt.com

Net lease investors should care if a potential tenant has put in the time and effort to develop an app.

Has the rise of smartphones changed how people shop? Yes, consumers have done more and more shopping via smartphone. Today, we see more and more companies creating apps to reach their smartphone carrying customers, and more and more people using these apps.…

Amanda WillisHow Have Apps Changed Retail?

Calkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers

Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the 90% leased, 12,336 square foot Courthouse Shops, located at 6921 Commons Plaza and the fully leased 19,876 square foot Cloverhill Shops, located at 13918 Hull Street, both properties are just south of Richmond, VA.  The centers are well-situated with national anchors and great visibility along main retail trade areas.  Calkain represented the seller in the $8.35M transaction that sold at a 7.56% cap rate to a private investment group out of Baltimore, MD.…

Traci BidingerCalkain’s Fernandez Completes $8.35M Sale of Two Richmond MSA Retail Centers