Herndon, VA – Rick Fernandez, Senior Managing Director at Calkain Companies, recently helped a buyer complete their first purchase of a NNN investment property. The High Point, North Carolina property included a 3,000 sf building on nearly an acre of land NNN leased to Bank of America. …
Tag: Fernandez
Calkain’s Fernandez Arranges $7.6M Sale of NNN Pep Boys on Short-Term Lease
Herndon, VA – Rick Fernandez, Calkain’s Senior Managing Director, recently completed the sale of the real estate at 20900 Frederick Road Germantown, MD featuring a 18,576 square foot building with 11 service bays on 2.3 acres 100% NNN leased to Pep Boys. Calkain represented the seller in the $7.6M, 6.1% cap rate transaction. The property sold to a private investor completing a 1031 exchange.…
Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market
CItyBizList.com
Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD. The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc. The property includes a single story 57,855 sf building situated on 4.96 acres with 300 on-site parking spaces providing an above-market parking ratio in the government and contractor-driven Windsor Mill sub-market of Baltimore, Maryland. The property is strategically located in close proximity to the federal agencies served by Leidos and has undergone over $2M in improvements over the tenant’s history at …
Calkain’s Fernandez and Fallon Bring $10.5M-8% Cap 7152 Windsor Boulevard to Market
57,855 SF 100% Leased to Leidos Innovation Corporation
Herndon, VA – Rick Fernandez, Senior Managing Director and Andrew Fallon, Executive Managing Director of Calkain Companies have been retained to sell 7152 Windsor Boulevard in Baltimore, MD. The property is 100% leased to S&P investment grade BBB- credit rated Leidos, Inc. The property includes a single story 57,855 sf building situated on 4.96 acres with 300 on-site parking spaces providing an above-market parking ratio in the government and contractor-driven Windsor Mill sub-market of Baltimore, Maryland. The property is strategically located in close proximity to the federal agencies served by Leidos and …
Calkain Arranges $15 Million Sale of Triple-Net-Leased CVS in D.C.
Shopping Center Business
Washington, D.C. — Calkain Cos. has arranged the $15 million sale of a triple-net-leased CVS property in Washington, D.C. The 8,754-square-foot building is located at 3323, 3325-3329 Connecticut Ave. NW, three miles north of downtown Washington, D.C. The building first served as a pharmacy in the 1950s before being converted to a CVS in 1990. Jonathan Hipp and Rick Fernandez of Calkain represented the seller, an undisclosed family trust, in the transaction. The buyer was a private investor completing a 1031 tax-deferred exchange.
Cleveland Park CVS Property Sells Below Asking Price For $15M
bisnow.com
A retail property in Northwest D.C. sold below its asking price, showing potential investor concerns about the economy. …
Calkain’s Hipp & Fernandez Arrange $15M Sale of Washington DC Connecticut Avenue NNN CVS
Connecticut Avenue NW CVS Pharmacy Sells at $1,714 PSF
Jonathan Hipp, President & CEO and Rick Fernandez, Senior Managing Director at Calkain Companies, recently completed the sale of the, 8,754-square-foot, street level NNN real estate, 100% leased to CVS Pharmacy at 3323, 3325-3329 Connecticut Avenue, NW in Washington DC. Calkain represented the seller, a Family Trust, in the $15M, 5.8% cap rate transaction.…
Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio– Harrisonburg, VA Closes for $3.12M
CItyBizList.com
Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, to private investors on a 1031 exchange, of the real estate at 1860 East Market Street In Harrisonburg, Virginia under a long term lease to Potomac Family Dining operating an Applebee’s restaurant at this location. This sale completes a five unit portfolio sale of Applebee’s in Maryland and Virginia.
Fernandez commented, “These assets are true coupon clippers with no landlord responsibilities.” He continued, “The Harrisonburg location has been a strong performer for decades and the buyers were drawn to the rock-solid, high traffic real estate with a proven …
Calkain’s Fernandez Completes Sale of $15.2M Five Applebee’s Portfolio – Harrisonburg, VA Closes for $3.12M
Rick Fernandez, Senior Managing Director of Calkain Companies, recently brokered the sale, to private investors on a 1031 exchange, of the real estate at 1860 East Market Street in Harrisonburg, Virginia under a long term lease to Potomac Family Dining operating an Applebee’s restaurant at this location. This sale completes a five-unit portfolio sale of Applebee’s in Maryland and Virginia.…
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 net lease investment real estate features a NNN ten year lease to Zeppelin a wildly popular sushi and charcoal grilled yakitori restaurant.…
View our Sale-Leaseback Service Line
Looking to Sell?
Need to Contact Our SLB Experts?
