In the News

February 22, 2017 | Calkain Media
Calkain Companies Releases Automotive Sector Net Lease Report The US economy has recovered from the 2009 recession and we have seen continued growth in the net lease automotive sector, with expectations of more growth for the auto parts industry. The average national automotive cap rates mirror the single tenant net lease (STNL) rates, ending 2016 read more
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February 21, 2017 | Jonathan Hipp | GlobeSt.com
The 1950s saw the birth of the shopping mall across the nation, yet the era of destination retail stores, especially clothing stores, has been on a downward slide for some time. This trend away from the malls began with the introduction of the internet, bringing convenience and in many cases, lower prices to the consumer. read more

February 16, 2017 | Donna Mitchell | NREIOnline
When a retailer announces that it will sell off about 1,200 stores in order to take its business to the next level, these days the assumption is that the company is struggling to stay afloat and needs to quickly shed excess weight and curb costs. In Walgreens Boots Alliance’s case, however, the sale of more read more

February 13, 2017 | Business Observer
In a further sign that the Gulf Coast retail market remains healthy — at least for triple net deals involving credit tenants — a Tampa-based investment firm has sold 14 properties occupied by Applebee’s restaurants for $46 million. Each of the stand-alone restaurants, from the Orlando metropolitan area throughout the Gulf Coast, has between 17 read more

February 08, 2017 | Calkain Media
Fort Lauderdale, FL – Calkain Companies, America’s Net Lease Company, has sold another PDQ restaurant property bringing to five the number of PDQ’s the firm has sold on behalf of the parent corporation and its related entities. The property, outside Jacksonville, Florida, traded for $3,000,000.00. PDQ is becoming a better known national chicken concept as read more

January 30, 2017 | Calkain Media
Ryan Lorey and Natalia Nunno Join Calkain’s Herndon Team Herndon, VA – January 31, 2017 – Calkain this month announces the addition of two new brokers, expanding its Net Lease brokerage team. Based out of Calkain’s headquarters, Ryan Lorey, CCIM, and Natalia Nunno round out the Herndon team, complementing our existing team of experts with read more

January 25, 2017 | Calkain Media
Herndon, VA – 2016 ended with the Federal Reserve increasing the interest rate by 0.25%, signifying confidence in an improving US economy.  As illustrated in Calkain’s newly released Q4 Cap Rate Report, cap rates in the single tenant net lease (STNL) market are also on the rise, ticking up 18 bps from Q3.  Cap rates will read more

January 20, 2017 | Jonathan Hipp | GlobeSt.com
The recent announcement that Fred’s would purchase upwards of 600 locations from Walgreens/Rite Aid to help ensure approval of their merger, highlights an issue facing some owners of these properties. What happens if my property is slated to be closed? Despite the 600 locations that Fred’s is going to take over, there will still likely read more

January 17, 2017 | Calkain Media
Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, completed the sale of 6 Dollar General stores to close out 2016. The stores were located in various locations in Pennsylvania, Ohio, Georgia, Massachusetts and Virginia. All properties were similar in size, approximately 9,000 square feet and are 100% leased to Dollar General Corporation. The stores read more

January 12, 2017 | Calkain Media
Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of a NNN Dairy Queen in Franklin, Virginia. Our marketing approach continues to yield industry leading cap rates,” said Fernandez. “Calkain’s national reputation as the leading provider of net lease investments draws investors read more

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