Tag: Portfolio Sale

Applebees Real Estate Portfolio Sold for $46 Million

Tampa, FL – David Sobelman and Teal Henderson of Calkain Companies completed a $46 million portfolio sale of Applebee’s-occupied real estate.  The fourteen (14) triple net lease (NNN) assets, located primarily in West and Central Florida, were sold to individual buyers for each location.  Buyer interest came from as far away as South America, China and Europe but the majority of the assets were sold to US-based investors looking for passive income attached to strong real estate locations.  The decision was made by the seller to patiently sell each asset in the open market which yielded Calkain’s client over an …

Traci BidingerApplebees Real Estate Portfolio Sold for $46 Million

Calkain’s Fernandez Sells North Carolina Arby’s Portfolio for $3.45M

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of two North Carolina NNN Arby’s – one in Rocky Mount and the other in Roanoke Rapids. The two properties sold this week for a combined purchase price of $3,450,000.

Fernandez represented the seller providing marketing, lease analysis, site review, and transaction support for offer and contract negotiations to guide the deal to closing. The buyer viewed the solid real estate and sales history at the stores, along with Arby’s strong corporate growth as the critical factors …

Traci BidingerCalkain’s Fernandez Sells North Carolina Arby’s Portfolio for $3.45M

Calkain’s Fallon Sells Dollar General Portfolio

Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, has recently completed the sale of a Dollar General portfolio located in Nebraska.  The three property portfolio comprises approximately 27,128+/- square feet, or 9,042 square feet per building, and is 100% leased to Dollar General. All three locations were new build-to-suit prototype stores,and two of the sites were relocations of previously existing, successful Dollar General stores. All locations have long term 15 year triple net leases guaranteed by Dollar General Corporation. The price and cap rate are confidential.

Andrew Fallon commented,

This was a private high net worth buyer who has

Traci BidingerCalkain’s Fallon Sells Dollar General Portfolio