Urban Retail Properties News
$1,123.00 ft² Urban Retail Investment Sale in Washington , DC
Calkain Companies,
a national real estate investment brokerage firm, has procured the sale of a
Triple Net (NNN) Lease urban retail investment property in the Logan Circle Washington DC
“The $618,000 transaction provided a solid return
to the selling partnership and is testament to the strength of the Washington
DC Metro market. Even with a local tenant as the guarantor of the lease
payments, the value of the real estate was realized and garnered an extremely
high per square foot sale price.”
Calkain
Companies is a boutique commercial real estate brokerage firm which specializes
in assisting buyers and sellers with single and multi-tenant retail,
industrial, hotel and office net-leased transactions. While licensed to conduct
business in many states, nationally, Calkain has multiple office locations
throughout the Mid-Atlantic, Southeast and Northeast United States. Additional
information about the firm and listings may be found at www.calkain.com.
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