Showing posts with label DC. Show all posts
Showing posts with label DC. Show all posts

Tuesday, May 15, 2012

Dollar General Jonestown, PA For Sale


NNN Leased Investment 

NNN Leased Dollar General in PA For Sale
                                               
                                               507 Jonestown Road | Jonestown, PA [map] 

                                                     Dollar General | Jonestown, PA


                              Asking Price $1,320,500 | CAP Rate 7.25%

                
Lease Summary

NOI     $95,739
Rent/Month     $7,978
Rent/SF           $10.60
Rentable SF    9,026
Land Area       1.46 acres

Tenant Dollar General

Website                                dollargeneral.com
Moody's Credit Rating          Ba1, Positive
S&P Credit Rating                BBB-, Positive
Ownership Type                   Fee Simple
Lease Type                          NNN ( BTS)
Year Built                             2012
Lease Term                          15 years Primary
Lease Commencement          Summer 2012 (under construction
Lease Expiration                   Summer 2027
Increases                              3% in Year 11 and 10%
w/ each option extension
Options                                Three (3), five (5) year


Highlights

Investment Grade Tenant
April 2012, S&P raised Dollar General's credit ratings to BBB-
April 2012, Moody's raised Dollar General's credit ratings to Ba1 with a positive outlook
Strategic location in Lebanon County, PA with supporting demographics and target market characteristics
Adjacent to major manufacturing plant for Supreme Mid-Atlantic Corporation, America's leading manufacturer of full-line customizable truck bodies

                                                        
Location Overview


About Dollar General

Goodlettsville, Tenn.-based Dollar General Corporation is the nation's largest small-box discount retailer. We make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America's most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills and Nabisco.

Contact a Broker

ANDREW FALLON
Assistant Vice President
(703) 787-4714

You may visit our website
to view the entire inventory of  available properties.

CALKAIN REALTY ADVISORS  a division of Calkain Companies
WASHINGTON DC | FLORIDA | MARYLAND | BOSTON
The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance.

Thursday, May 10, 2012

NNN Investment Property In Washington DC For Sale


NNN Leased Investment


NNN Investment Property  | Washington, DC

                                                                      NOI $360,000

                                  1901 14th STREET NW | WASHINGTON, DC 20009 [map]

LEASE SUMMARY
Rentable SF                      9,000+/- sf
Land Area                        4,240+/- sf
Tenant  Matchbox
Website                            matchboxchinatown.com
Ownership Type                Fee Simple
Lease Type                       NNN
Landlord Responsibilities   None
Opening                            Fall 2012
Lease Commencement      2012
Lease Expiration               2022
Increases                          3% Annually
Options                            Two (2), Five (5) year

HIGHLIGHTS

$3,000,000 in tenant made restorations and improvements to building
Dense urban in-fill location along 14th Street/U Street Corridor
On the corner of 14th and T Streets, surrounded by new mixed-use developments
NNN lease with 3% annual escalations
Popular DC restaurant concept
Established operator with 6+ restaurant locations
Location has high barriers to entry and long term intrinsic value
DC population grew by over 40% in the last decade

LOCATION OVERVIEW

You may visit our website
to view the entire inventory of
available properties.

For More information Contact:


RICK FERNANDEZ
Managing Director
(703) 787-4714

ANDREW FALLON
Assistant Vice President
(703) 787-4714

Tuesday, March 20, 2012

NNN leased Investment Sale of McDonald's in MD


NNN Leased Investment

4.75% Cap Rate Triple NNN Net Lease Investment Sold  in Maple Lawn, MD

 Maple Lawn, MD 
The purchaser was a private investor seeking a passive, incoming-producing asset leased to a strong national credit tenant. The property is located within the Harris Teeter anchored retail square of the award winning Maple Lawn development, a beautiful mixed-use community in Fulton, Maryland.

Calkain’s Rick Fernandez brokered the transaction for the seller. “Favorable lease terms from an investment grade tenant at the vanguard of its retail sector and NNN investments anchored to a growing retail market provided an irresistible combination of factors that drew investors from all over the globe,” Fernandez said. “The seller was able to evaluate multiple offers and chose the strongest buyer able to close at this record setting cap rate,” Fernandez continued. The buyer closed the all-cash transaction earlier this year.

Calkain is a full service real estate brokerage firm with a national scope focusing on single and multi- tenant retail, industrial, hotel and office net-leased transactions. Calkain has offices in Reston, VA (Washington, DC), Tampa, FL, Ft. Lauderdale, FL, Wilmington, DE and Boston, MA. Additional information about the firm and its listings may be found at www.calkain.com.

Friday, February 24, 2012

NNN Leased Investment 




                                              Asking Price $495,000  CAP Rate 7.58%

                                               1710 S. Loudon Street  Winchester, VA

LEASE SUMMARY
Net Operating Income      $37,500
Rent per Month                $3,125
Rent per Sq. Ft.                $13.20
Rentable Sq. Ft.                2,840 sf
Land Area                        16,949 sf

Tenant Name                   Airgas, Inc.
Website                           www.airgas.com
Credit Rating                    S&P: BBB Stable               
Ownership Type               Fee Simple
Lease Type                      NN

Landlord Responsibilities            Roof & Structure
Lease Term                      5 years
Lease Comm.                   Sep 1, 2010
Lease Exp.                       Aug 31, 2015
Increases                          3% from 2013
Options                            Six (6), five (5) year



HIGHLIGHTS
  • Low price point
  • Stable tenant since 1977
  • Industrial/Retail uses permitted
  • S&P BBB Stable | NYSE: ARG
  • Great location on well-traveled street
  • In dense retail and residential market
Great location on well-traveled street in dense retail and residential market 




LOCATION OVERVIEW





For More information Contact:

 Betty Learned Friant, CCIM
Vice President
(793) 787-4714



You may visit our website
to view the entire NNN Leased Investment Properties 

  

CALKAIN REALTY ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E   |  B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.

Thursday, February 23, 2012

NNN Retail Condo in DC For Sale


 NNN Leased Investment 
  



                                                    NNN Retail Condos  Washington DC


                                   Asking Price $2,955,000  NOI $218,672  CAP Rate 7.4%

1133 - 1135 14th Street NW | Washington, DC 20005

Property Conveyed at Closing
Condo Unit 1133        CulinAerie
Condo Unit 1135        Daily 14 Newsstand-Deli
Parking Spaces            6
In-Building Storage Units      2
Rentable Area of Units 1133, 1135    4,725 sf



Investment Highlights

NNN Leases with 3% annual escalations
Prime street level retail with High Barriers to Entry and Private Ownership
Situated at Massachusetts Avenue/14th Street crossroads 20,000+ ADT
Dense downtown location surrounded by office, hotel, retail and residential
Location Overview


You may visit our website
to view the entire NNN Leased Investment Properties 




For More information Contact:


RICK FERNANDEZ
Managing Director
(703) 787-4714

ANDREW FALLON
Assistant Vice President
(703) 787-4714


CALKAIN URBAN INVESTMENT ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C | F L O R I D A |  M A R Y L A N D  |  D E L A W A R E | B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.



Thursday, February 2, 2012



NN leased Investment 



NN Leased  Massaponax Retail Center at Cosner's Corner Fredericksburg, VA

                            Asking Price $7,550,000 | CAP Rate 7.50%



NOI                         $566,428
Rent/Month              $47,202
Rent/SF                    $28.16
Rentable Square Feet  20,000
Parking Spaces           126
Tenant Name            Sleepy's, Subway, Pan Asian, ML Investments, Mexico Grill
Guarantor                 Varies
Website                     www.cosnerscorner.com
Ownership Type             Fee Simple
Lease Type                     NN
Lease Expiration Date     2013-2018
Increases                        Avg. $2.13/foot/year

INVESTMENT HIGHLIGHTS

20,000 foot Strip Center with 5 active leases within a 75 store Power Center.
Minutes from the new HCA Spotsylvania Regional Medical Center with opportunity for Medical Office recruitment.
Just off I-95 Exit 126 Massaponax at intersection of Spotsylvania Parkway.
Easy access to regional commuters, area shoppers and 2500 new homes.
Shadow anchored by Target, Marshall's, Ross', Petsmart, Staples, Dick's Sporting Goods, Kohl's
Well established asset in hot Washington DC market


LOCATION OVERVIEW


           


 JUST SOLD
    

Cedar Creek Station                                                                                     Heritage Hunt Retail Center   









For More information Contact:

 Betty Learned Friant
Vice President
(703) 787-4714 x16


You may visit our website
to view the entire NNN Leased Investment Properties 



CALKAIN REALTY ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E  |  B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.                                

Tuesday, January 31, 2012

NNN leased Investment Property For Sale


NNN Leased Investment 


Inova NNN  Leased Condo Ashburn, VA


                                                Asking Price $1,625,000 CAP Rate 7.00%


Inova  44095 Pipeline Plaza Ashburn, VA

NOI               $113,687
Unit Size         5,256 SF
Business Type Medical Practice
Lease Type      NNN Condo
Rent Commencement Oct 2010
Lease Term      10 years
Options           One (1), five (5) year term
Rent Escalation        3% Annually



HIGHLIGHTS


Investment grade (AA+) guaranty of a new 10-year NNN lease
Class A professionally managed office condo building built in 2008 with 90% of space sold or leased
Inova space includes ownership of prominent building signage rights
3.00% annual rent escalations
Strategic office location with visibility along commuter Route 640 (39,000 ADT) and easy access to Dulles Toll Road 267, Route 7, Route 28, and Loudoun County Parkway
Ashburn is desirable Washington, DC sub-market with strong fundamentals and an extremely low unemployment rate.



You may visit our website
to view the entire NNN Leased Investment Properties 




For More information Contact:

JERRY BURG                                                
Managing Director
(703) 787-4714
jburg@calkain.com                              



ANDREW FALLON
Associate
(703) 787-4714



CALKAIN REALTY ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E   |  B O S T O N
The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.