Tag: Fernandez

Rick Fernandez of Calkain Companies Sells $2.3M Franchise Dairy Queen for 6.00% Cap Rate

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 from around the globe and we were able to secure multiple offers providing our client with the most favorable closing options,” Fernandez continued.

Fernandez represented the seller in the sale of the property, providing marketing and transaction support to guide the deal from negotiating …

Emily CusmanoRick Fernandez of Calkain Companies Sells $2.3M Franchise Dairy Queen for 6.00% Cap Rate

Calkain’s  Fernandez Sells Second Two Property Arby’s Portfolio for $4.27M

Herndon, VA – Rick Fernandez, Senior Managing Director of Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of NNN Arby’s in South Hill, Virginia and Wake Forest, North Carolina to a publicly traded REIT.

Fernandez represented the seller in this off market transaction providing lease analysis, site review, and transaction support to guide the deal to closing.

The combination of solid, well positioned real estate within a vibrant retail mix and a strong Arby’s franchise operation were all key factors in the buyer’s decision to acquire the property,” said Fernandez.

The transaction closed within …

Traci BidingerCalkain’s  Fernandez Sells Second Two Property Arby’s Portfolio for $4.27M

Calkain’s Rick Fernandez Sells Virginia Applebee’s at a 5.42% Cap Rate

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 Applebee’s Ground Lease in Front Royal, Virginia for $1.925M.

Fernandez represented the seller in the sale of the property, providing marketing and transaction support to guide the deal from negotiating offers to closing.  The buyer acquired the property as part of a 1031 exchange.  The ideally situated real estate and strong franchise operation provided the long term value and security the buyer desired for their investment property.

“Our marketing approach continues to yield industry …

Traci BidingerCalkain’s Rick Fernandez Sells Virginia Applebee’s at a 5.42% Cap Rate

Calkain’s Fallon and Fernandez Sell $3.9M Two Tenant NNN Mount Vernon Triangle Real Estate

The Calkain Urban Investment Advisors team of Andrew Fallon, Executive Managing Director, and Rick Fernandez, Senior Managing Director, recently brokered the sale of 433 Massachusetts Avenue NW, Washington, DC, a prominent retail property in Mount Vernon Triangle.  The property sold for $3.9M, a 5.38% cap rate on net operating income.  The 5,021 square foot building is 100% NNN leased to Le Pain Quotidien and Solidcore, a fitness studio.  The New York based buyers acquired the property as part of a 1031 exchange.

The massive amount of redevelopment in and around Mount Vernon Triangle was a key factor in the successful …

Traci BidingerCalkain’s Fallon and Fernandez Sell $3.9M Two Tenant NNN Mount Vernon Triangle Real Estate

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 …

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

Calkain’s Fernandez Sells $4.15M Wells Fargo Bank

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 Wells Fargo Bank ground lease in Front Royal, Virginia.

Fernandez represented the seller, providing site review, lease analysis, marketing, offer and contract negotiations along with transaction support to guide the deal to closing.  The buyer viewed the signalized corner location on Front Royal’s prime retail corridor and credit strength of the tenant as the critical factors in acquiring the property.

Calkain’s national reputation in net lease and global marketing efforts draws investors from around

Emily CusmanoCalkain’s Fernandez Sells $4.15M Wells Fargo Bank

Calkain Companies Sells $3.8M BB&T Bank for 4.84% Cap Rate

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 BB&T Bank Ground Lease in Front Royal, Virginia.

Fernandez represented the seller in the sale of the property, providing marketing and transaction support to guide the deal from negotiating offers to closing.  The buyer viewed the ideally situated real estate and credit strength of the tenant as the critical factors in acquiring the property.

Calkain’s national reputation as the leading provider of net lease investments draws investors from around the globe. We were able

Emily CusmanoCalkain Companies Sells $3.8M BB&T Bank for 4.84% Cap Rate

Fallon and Fernandez Sell 7-Eleven Anchored Retail Condos at The Solea in Washington, DC for 5.42% Cap Rate

Herndon, VA – The Calkain Urban Investment Advisors team of Andrew Fallon and Rick Fernandez have recently completed the sale of the 7-Eleven anchored retail condos located at 2300 14th Street NW in Washington, DC for $4,395,000, a 5.42% cap rate. The 4,728 square foot retail property at The Solea Condominiums is 100% NNN leased to 7-Eleven, Logan Title and Knot Standard.

The buyers, an investment group from China, paid cash for the asset and closed within a 45 day escrow.

Calkain’s marketing platform reaches investors from across the globe and foreign investors are becoming more and more prevalent in

Emily CusmanoFallon and Fernandez Sell 7-Eleven Anchored Retail Condos at The Solea in Washington, DC for 5.42% Cap Rate

Fallon & Fernandez Represent Top Washington, DC Developer in Exclusive Search for 1031 Exchange Replacement Property

Herndon, VA – Andrew Fallon, Executive Managing Director, and Rick Fernandez, Senior Managing Director of Calkain Companies, just completed an assignment under an exclusive buyer representation contract to one of Washington, DC’s top real estate developers.  Fallon and Fernandez were chosen by the developer to lead a search on their behalf to identify suitable 1031 exchange replacement properties.

We conducted a nationwide search for a replacement property that included location assessment, tenant performance, risk analysis and lease review to find highly stable long-term NNN investment properties to meet the buyer’s stringent requirements,” Fallon commented.

The search involved a review of …

AmyFallon & Fernandez Represent Top Washington, DC Developer in Exclusive Search for 1031 Exchange Replacement Property

Calkain Awarded Exclusive Listing to Sell 7-Eleven Ground Lease in Hyattsville, MD

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.

We are seeing an increased investor demand for

Traci BidingerCalkain Awarded Exclusive Listing to Sell 7-Eleven Ground Lease in Hyattsville, MD