Tag: NNN

Rite-Aid on its Own: What it Means for Real Estate Investors

GlobeSt.com

In February 2018, Albertsons Companies announced that it would acquire the Rite Aid Corporation. The plan was for Albertsons’ to acquire all of the locations not included in Walgreens’ purchase of 2,186 stores. This would have added approximately 2,400 pharmacies to Albertsons, which then wanted to rebrand its other pharmacies to the Rite Aid name.…

Amanda WillisRite-Aid on its Own: What it Means for Real Estate Investors

What Will Net Lease Look Like in 10 Years?

GlobeSt.com

Two distinct types of changes are occurring in the net lease market, cyclical and fundamental. Cyclical change, as the name suggests, comes in cycles, is repeated and predictable, while fundamental change constantly progresses and alters the industry forever.…

Amanda WillisWhat Will Net Lease Look Like in 10 Years?

A Sector-by-Sector Look At Net Lease Cap Rates

GlobeSt.com

For the first half of this year, the average cap rate rose in nine out of the 11 net lease subsectors compared to the same period last year, according to the Calkain Cos.’ Semi-Annual Net Lease Report.…

Amanda WillisA Sector-by-Sector Look At Net Lease Cap Rates

Net Lease Breaks Tradition with the Typical CRE Summer Slowdown

GlobeSt.com

Summertime generally means hot weather and time off. For commercial real estate, summertime can also mean transactional slowdowns. While technology helps move contracts and closings along, the consensus is that buying and selling becomes a trickle between Memorial Day and Labor Day.…

Amanda WillisNet Lease Breaks Tradition with the Typical CRE Summer Slowdown

What Happened To Net Lease Over The Last Quarter?

GlobeSt.com

Cap rates overall have seen an up-tick, but at a manageable pace, while core assets continue to trade at historically aggressive pricing

ap rates are beginning to move, the average cap rate for single tenant net lease (STNL) properties rose 17 basis points from Q1. The major driver of this movement was a change in the types of leases, with more double-net leases closing during Q2. The pharmacy and automotive sectors had the largest uptick in cap rate. This is the third straight quarter over quarter gain in average cap rate.…

Amanda WillisWhat Happened To Net Lease Over The Last Quarter?

Calkain Completes Sale of McDonald’s/Family Dollar Center in Orange, VA

Herndon, VA – Calkain’s Rich Murphy and Natalia Nunno have recently completed the sale of the Orange Shopping Center in OrangeVA.  The center consisted of a McDonald’s and a Family Dollar store. A local buyer purchased the retail center for $1,020,000.

The property has been occupied by these two tenants for over 30 years which made it a very attractive investment. Calkain’s Nunno said “We had an enormous amount of interest in the property given the price point and its longstanding history.” Murphy continued “Properties like this don’t come on the market very often and when they …

Amanda WillisCalkain Completes Sale of McDonald’s/Family Dollar Center in Orange, VA

3 Reasons to Invest in a Triple Net Lease

Think about any free-standing business—pharmacies, banks, your local Starbucks—and there’s a good chance they’re under a triple net lease agreement.  Also known as NNN leases, this subcategory of net leases tends to be the most commonly utilized net lease agreement for commercial and retail space, and for good reason.…

Amanda Willis3 Reasons to Invest in a Triple Net Lease

Net Lease Stays Steady

Shopping Center Business

Commercial real estate investors navigating today’s market are confronting a number of economic and policy variables that did not exist a mere six months ago. Tax reform and recent recent job gains have buoyed optimism about growth. But higher interest rates, a volatile stock market teetering near all-time highs, and possible tariff policies that could spark a trade war are generating anxiety.…

Amanda WillisNet Lease Stays Steady

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).…

Traci BidingerFernandez and Fallon Retained to Sell Prime Shaw Neighborhood Retail