cheap Triple Net NNN Wendy is Sold by Rick Fernand

 
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PostWysłany: Czw 8:49, 11 Lis 2010    Temat postu: cheap Triple Net NNN Wendy is Sold by Rick Fernand

Founded in 1958, the Canadian Football League is the highest level of play in Canadian football and the second most popular sports league in Canada after the NHL. The Grey Cup is awarded annually to the champion every November and is the biggest sporting event in the nation. The oldest extant teams Hamilton and Toronto trace their origins to the late 1860s and early 1870s,[link widoczny dla zalogowanych], which ranks them amongst the oldest sports teams of any kind still in existence on the continent. Unlike the NFL, the CFL did feature teams from both Canada and the US between 1993 and 1995. Calkain Companies Brokers USD5.7M 燦NN Lease Investment Sale
Buyers still seeking DC area investments

Reston, VA?Calkain Companies,[link widoczny dla zalogowanych], a national real estate investment brokerage firm,[link widoczny dla zalogowanych], has procured the sale of two triple net (NNN) lease Wendy's locations in Fairfax,[link widoczny dla zalogowanych], VA.



The two locations are located on Jermantown Road and Fair Lakes Drive Fairfax, VA.
The top four major leagues each have revenues that can be many times greater than the payrolls of less popular major leagues in the two nations. In terms of overall league revenue, the NFL, MLB and the NBA in that order rank as the three of the four most lucrative sports leagues in the world, with the Premier League of English soccer being in third or fourth place depending on exchange rates, as well as what is counted as league revenue calculating finances in European soccer is somewhat more complicated compared to Canada. The NHL is ranked in fifth place.

Rick Fernandez,[link widoczny dla zalogowanych], Assistant Vice President of Calkain Realty Advisors, 爐he private market division of Calkain Companies, represented the buyer in the transaction. Fernandez commented, "The buyer reviewed many investment options but ultimately the decision to purchase these triple net (NNN) assets at a 7.75% cap rate was driven by the strong sales performance of the tenant and solid real estate fundamentals of each location." Fernandez continued,[link widoczny dla zalogowanych], "Leveraging the assets with a supportive loan was a key component of this transaction and the availability of favorable financing is further evidence of the strength and stability of the Wash DC metro market.
Rick most recently served as Nextel's National Director of Custom Network Solutions which developed and designed campus and in-building wireless infrastructure in support of commercial and governmental applications and services carried over the Nextel network.
His twenty year career in the industry spanned every aspect of communications services from communications system design and engineering to direct sales for the leading providers of communications hardware, software and voice,[link widoczny dla zalogowanych], data and wireless services.
Rick left Nextel following the merger with Sprint and has quickly immersed himself in the details of the Net Lease investment sector of the commercial real estate market.


Rick is the Assistant Vice President of Calkain's Realty Advisors group working with private market investors. Rick comes to Calkain from a successful career in the telecommunications industry where he received numerous sales and leadership awards. His experience included executive level leadership of and the opening of the Washington DC market for several competitive communications service providers.
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