Urban Properties Offer Income Security and Growth Opportunities

Washington, DC, February 28, 2015 --(PR.com)-- Calkain Urban Investment Advisors’ Rick Fernandez, Managing Director, and Andrew Fallon, Managing Director, are actively marketing more than $20M worth of prime, income-producing ground floor retail in Washington, DC. The prime urban locations are in Georgetown, Columbia Heights, Capitol Hill, and Logan Circle, which show a trend toward urban retail becoming an increasingly attractive niche market in the DC area, gaining interest from regional, national and international investors. Fernandez commented, “Triple net lease investors are looking for income security and growth. A strong urban setting can deliver this criteria just as effectively as a credit rated investment property. In a real sense, the urban setting supplants credit rating as the guarantee of income. As a result, triple net urban properties are experiencing increased demand.”

Triple net lease properties, such as strip centers, often benefit from a strong anchor or even a shadow-anchored presence. Fallon added, "A unique aspect of urban properties is that the anchor can be a dense concentration of office space or even a Metro station because the flow of subways, buses, cars, taxis and pedestrians is the engine that drives traffic to the retail sites. This coincides with the changing components of many investors from high risk, high reward investments, to properties with more stability and alternative uses."

Calkain’s featured urban listings include: 1522 14th Street NW, 1401 Columbia Road NW, 301 Massachusetts Ave NE, and multiple opportunities in Georgetown. Fernandez concluded, “We have found quality triple net investment properties are limited in urban areas. These properties, priced within the $1 million to $5 million size transaction, match the criteria for most investors who have demonstrated a willingness to acquire these assets, often at premium prices.”

Calkain Companies is a commercial real estate brokerage firm which specializes in assisting buyers and sellers with single and multi-tenant net leased properties through all aspects of the transaction including advisory, brokerage, debt placement, equity placement, asset management and research. Calkain has multiple office locations throughout the Mid-Atlantic, Southeast, Northeast and Midwest. Additional information about the firm and listings may be found at www.calkain.com.