subject: NNN Lease Applebee's Portfolio Sold! [print this page] Calkain Companies Brokers $9.2MM NNN Lease Applebee's Portfolio Sale
Rick Fernandez,is a Managing Director of Calkain Urban Investment Advisors (CUIA) a division created to focus on the growing dynamic of Urban NNN Lease Investments. CUIA specializes in premier investment properties in high density, urban districts throughout the United States. "Washington DC and the surrounding metro areas continue to perform as investors from across the country pursue NNN lease investment properties in the region. Each of these sites is strategically located contributing to the solid performance of the tenant," Fernandez commented. The NNN lease is sometimes called a true net lease, because the landlord usually has no responsibilities related to building upkeep. For this reason, many commercial landlords favor triple net leasing options. The building can generate a high level of income while the tenant keeps it in good condition, generally making improvements as well. The tenant has many of the advantages of ownership, including control over the property, without the substantial capital investment that a new acquisition represents.The transactions closed within the past thirty days and are recorded in the public record. Calkain Companies, Inc. is a national, commercial real estate firm, focusing on NNN lease investments, that provides brokerage and consulting services for both private and institutional clientele. The Company is comprised of four distinct divisions, Calkain Realty Advisors, Calkain Institutional Advisors, Calkain Opportunity Services and Calkain Site Services. We have utilized an extended network of solid relationships to successfully complete nearly $3.2 billion in sales and have consistently ranked as one of the Top National NNN Lease Investment Brokerage Firms. Core values such as integrity, honesty and innovation have helped secure our position as a leader within the NNN lease industry. www.calkain.com
