Andrew Fallon, Calkain’s Executive Managing Director, has been retained to sell the Clinton Gardens retail development comprised of four net lease assets which were originally developed in 2008 as a 38,222 SF shopping center on 6.4 acres. The portfolio is strategically located off Branch Avenue/Route 5, just outside of Washington, DC, with close proximity to Andrews Air Force Base. This unique offering of four single tenant net leased buildings can be acquired collectively or as individual assets.

• The Walgreens property located at 9001 Woody Terrace in Clinton, MD has 14,550+/- SF retail space strategically located opposite Lowe’s, Walmart and Safeway,and is 100% leased to Walgreens.
• Goodwill is located next to the Walgreens and is subleased from Office-Depot. Goodwill opened in August of 2017.
• TD Bank, located at 8912 Woodyard Road, is a ground lease property consisting of approximately 0.91 acres and located on a hard-signalized corner.
• The MedExpress Urgent Care facility is a brand-new building located at 8914 Woodyard Rd. The building is approximately 4,500+/- SF and is 100% leased to MedExpress Urgent Care. The facility opened in April of 2017.

“This is a unique opportunity to acquire single-tenant, credit retail around the Washington Beltway. Allfour assets are leased to strong corporate tenants and they offer investors a reliable, fixed income,” commented Fallon. “The Washington, DC MSA is one of the most stable in the country and I’m confident we’ll see a lot of activity on this portfolio offering.” Information on the portfolio will be available on Calkain’s website  www.calkain.com. All inquiries should be directed to Andrew Fallon at 703.787.4733 or afallon@calkain.com.

Calkain Companies is a commercial real estate brokerage firm specializing in assisting buyers and sellers of single and multi-tenant net-leased properties. Calkain works with developers, buyers, sellers and real estate professionals to deliver a global buying audience to a highly sought after, client focused platform that covers all aspects of the transaction including advisory, brokerage, debt placement, equity placement, asset management and research.Additional information about the firm and listings may be found at www.calkain.com.