Herndon, VA – Calkain’s Executive Managing Director, Andrew Fallon, has recently completed another sale of a 7-Eleven property, this one located at 900 Chillum Road, Hyattsville, MD 20782. The 1,710 square foot building is 100% leased to 7-Eleven and sold for over $1.7M. The newly renovated convenience store is situated on the hard signalized corner of Riggs Road and Chillum Road, just across the DC border. 7-Eleven opened for business in June of 2016 and the purchaser wanted to start enjoying the cash flow benefits of the full 15 year ground lease.
The purchaser is a local partnership, executing a …
Fort Lauderdale, FL – Calkain’s Managing Partner, Patrick Nutt and Executive Managing Director, Andrew Fallon have recently completed the sale of a 7-Eleven property located at 12720 SW 200th Street in Miami, FL. The 3,062 square foot building is 100% leased to 7-Eleven and sold for $1,330/PSF. The newly constructed building is situated across the intersection from Publix, Walgreens and Bank of America shopping center. The 7-Eleven established operations in December 2015 under a 15 year net lease.
We continue to see investors looking for passive net lease investments occupied by best-in-class national retailers like 7-Eleven, with an insatiable
Herndon, VA – Andrew Fallon, Calkain’s Executive Managing Director, is bringing to market a 7-Eleven ground lease in Hyattsville, MD this week. For an investor looking for a net lease investment, this asset presents a great opportunity to enter the marketplace at a $1,905,000 purchase price. As a recently renovated facility, the grand opening is scheduled for June 23rd 2016. With a highly visible location supported by strong demographics, this asset is an absolute NNN ground lease with no landlord responsibilities. Additional information on this listing can be found here.