Tag: Sport & Health

Calkain Sells Gainesville’s Sport & Health for $16.5 Million

Herndon, VA Calkain Companies, a national real estate investment brokerage firm, has procured the sale of a NNN Sport & Health Fitness Club located in Gainesville, VA.  The property sold for $16.5 million.  Jeff Bogart, Director at Calkain, represented the transaction.

We have seen continued transaction activity in the single tenant, NNN sector, both from in- and out-of-state investors due to the accessibility of credit and low inventories,” Bogart stated.  “Over the past several years credit income properties have become increasingly harder to find in the DC-MSA, thus, compressing cap rates over this recent period. For Sport & Health,

Traci BidingerCalkain Sells Gainesville’s Sport & Health for $16.5 Million