Tag: Patrick Nutt

ICSC Panelist Talk Hot Property Types, Flow of Capital

GlobeSt

Which types of retail properties are most in demand? Which assets have fallen out of favor? Those were a few of the key questions that touched on during a recent capital markets panel here at ICSC RECon. Industry veterans including moderator Patrick Nutt, managing partner of Calkain Cos., Larry Brown, president of Starwood Mortgage Capital, and Michael Phillips, managing principal of Lubert Adler, agreed that retail deals are getting done.…

Traci BidingerICSC Panelist Talk Hot Property Types, Flow of Capital

Dunkin’ Donuts Sells in Odessa, FL for $1,575,000

Ft. Lauderdale, FL – Calkain’s Managing Partner, Patrick Nutt has recently completed the $1,575,000 sale of the Dunkin’ Donuts asset located at 17951 Gunn Highway in Odessa, FL.  The out of state 1031 Exchange buyer was attracted to the NNN lease, new construction with a franchise guaranty.

Typical with most Dunkin’ Donuts buildings, this asset was well-situated at a hard signalized intersection in a strong retail corridor.  With a strong, high profile tenant, this type of NNN asset will continue to draw attention from buyers as a solid investment to place cash, or in the case here, a 1031 exchange.…

Traci BidingerDunkin’ Donuts Sells in Odessa, FL for $1,575,000