Tag: washington dc

Fernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Calkain Brings 1401 Maryland Ave NE to Market, Fully Leased to Chick-fil-A

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell 1401 Maryland Ave NE Washington DC.  The fee simple investment opportunity features a long term, landlord friendly lease with Chick-fil-A.  The highly visible corner real estate features one of the only fast food drive-thru windows in the District of Columbia and the only Chick-fil-A in the city with a drive thru.  The Chick-fil-A is in close proximity to the rapidly redeveloping H Street, Union …

AmyFernandez and Fallon Retained to Sell New Trophy $8.4M Chick-fil-A Drive-Thru Property

Calkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

Fallon & Fernandez Represented Seller in Transaction

Herndon, VA – Calkain Urban Investment Advisors, the urban division of Calkain Companies, brokered the $9.2M sale of the commercial units at the Tenley Hill condominium at 4719-4731 Wisconsin Avenue, Washington, DC.  Tenley Hill is a premier mixed-use, luxury Leed Certified condominium developed by PN Hoffman in 2001.  Offered for sale were the 100% leased first and second floors of the building featuring six commercial condominium units of approximately 20,000 SF.  The commercial units have a dedicated lobby and private 24-space parking garage.  The buyers acquired the property as part of a 1031 …

AmyCalkain Urban Investment Advisors Brokers $9.2M, 6.5% Cap Sale of Urban Retail in Washington, DC

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

Fernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC

Herndon, VA – Rick Fernandez and Andrew Fallon of Calkain Urban Investment Advisors have been retained to sell the first floor restaurant space of the newly built, 94% sold out, 10Eleven luxury Condominiums at the corner of 11th and M Streets NW.…

Emily CusmanoFernandez & Fallon Retained to Sell First Floor Net Lease Retail on M Street NW, DC

Fallon and Fernandez to Sell Prime Washington, DC Mixed-Use Real Estate

Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain’s Urban Investment Advisors, have been retained to sell the first and second floor units within the Tenley Hill Condominium. This premier mixed-use property is LEED Certified, 3 star rated, and located at 4719-4731 Wisconsin Avenue, NW, Washington, DC.

Tenley Hill is a 38 unit mixed-use development featuring modern upscale building treatments.

Fallon commented,

The units are 100% leased and include a dedicated lobby for the commercial space, public conference room, a private 24-space parking garage and storage areas to meet the needs of the

Emily CusmanoFallon and Fernandez to Sell Prime Washington, DC Mixed-Use Real Estate

Calkain’s Fallon and Fernandez Sell $3.9M Two Tenant NNN Mount Vernon Triangle Real Estate

The Calkain Urban Investment Advisors team of Andrew Fallon, Executive Managing Director, and Rick Fernandez, Senior Managing Director, recently brokered the sale of 433 Massachusetts Avenue NW, Washington, DC, a prominent retail property in Mount Vernon Triangle.  The property sold for $3.9M, a 5.38% cap rate on net operating income.  The 5,021 square foot building is 100% NNN leased to Le Pain Quotidien and Solidcore, a fitness studio.  The New York based buyers acquired the property as part of a 1031 exchange.

The massive amount of redevelopment in and around Mount Vernon Triangle was a key factor in the successful …

Traci BidingerCalkain’s Fallon and Fernandez Sell $3.9M Two Tenant NNN Mount Vernon Triangle Real Estate

Fallon and Fernandez Sell 7-Eleven Anchored Retail Condos at The Solea in Washington, DC for 5.42% Cap Rate

Herndon, VA – The Calkain Urban Investment Advisors team of Andrew Fallon and Rick Fernandez have recently completed the sale of the 7-Eleven anchored retail condos located at 2300 14th Street NW in Washington, DC for $4,395,000, a 5.42% cap rate. The 4,728 square foot retail property at The Solea Condominiums is 100% NNN leased to 7-Eleven, Logan Title and Knot Standard.

The buyers, an investment group from China, paid cash for the asset and closed within a 45 day escrow.

Calkain’s marketing platform reaches investors from across the globe and foreign investors are becoming more and more prevalent in

Emily CusmanoFallon and Fernandez Sell 7-Eleven Anchored Retail Condos at The Solea in Washington, DC for 5.42% Cap Rate

Fallon & Fernandez Represent Top Washington, DC Developer in Exclusive Search for 1031 Exchange Replacement Property

Herndon, VA – Andrew Fallon, Executive Managing Director, and Rick Fernandez, Senior Managing Director of Calkain Companies, just completed an assignment under an exclusive buyer representation contract to one of Washington, DC’s top real estate developers.  Fallon and Fernandez were chosen by the developer to lead a search on their behalf to identify suitable 1031 exchange replacement properties.

We conducted a nationwide search for a replacement property that included location assessment, tenant performance, risk analysis and lease review to find highly stable long-term NNN investment properties to meet the buyer’s stringent requirements,” Fallon commented.

The search involved a review of …

AmyFallon & Fernandez Represent Top Washington, DC Developer in Exclusive Search for 1031 Exchange Replacement Property

Fernandez & Fallon Deliver Buyer for 1132 19th Street NW Washington DC Three Floor Retail Sells for $6,425,000 $1,168 PSF

The Calkain Urban Investment Advisors team of Rick Fernandez and Andrew Fallon have just sold the building located at 1132 19th Street NW Washington, DC for $6,425,000 or $1,168 psf. The 5,500 square foot multi-level restaurant is 100% NNN leased to Bonfire, the latest by Provision 14’s Social Restaurant Group.…

Mike VangsnessFernandez & Fallon Deliver Buyer for 1132 19th Street NW Washington DC Three Floor Retail Sells for $6,425,000 $1,168 PSF