Fairfax, VA, January 23, 2015 --(PR.com
)-- Calkain Companies, a national net lease real estate brokerage firm, recently brokered the sale of two Wendy’s restaurants located in Fairfax County in Northern Virginia. Rick Fernandez, Managing Director, represented the seller in the sale of the properties, providing marketing, transaction support and a “hands-on-until-it-closes” approach to the entire sales process. The buyer viewed the strength of the location and NNN landlord friendly lease terms as the critical factors in acquiring the property.
“Our marketing approach continues to yield record setting cap rates,” Fernandez commented. “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 to provide our client with the most favorable closing options,” Fernandez added. The transaction closed at a 5.75% cap rate within the last thirty days and is recorded in the public record.