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 net lease investment real estate features a NNN ten year lease to Zeppelin a wildly popular sushi and charcoal grilled yakitori restaurant.
Zeppelin is the second neighborhood restaurant from the team that operates Chaplin’s just down the street. The highly adaptable and prominent corner real estate consists of two floors and a basement including 3,800 square feet of beautifully remodeled interior space as well as 900 square feet of outdoor patio seating. “The property is on the corner of 9th and Q Streets in DC’s dynamic Shaw neighborhood with a landlord friendly long-term NNN lease with structured rent increases,” Fernandez stated. “Urban investment retail provides investors with an opportunity for significant growth in income as well as appreciation of the underlying real estate,” commented Fallon.
Calkain Companies is a commercial real estate brokerage firm specializing in assisting buyers and sellers of single and multi-tenant net leased properties. Calkain delivers a global buying audience to a highly sought after, client focused platform that covers all aspects of the transaction including advisory, brokerage, asset management, debt placement and research.Additional information about the firm and listings may be found at calkain.com.