Calkain Companies Closes $63 Million Sale of 40 Florida Retail Assets

Tampa and Fort Lauderdale, Fla. — The transaction includes 19 Circle Ks, nine Applebees restaurants, nine Fred's Super Dollar properties and three Krystal restaurants.

Tampa and Fort Lauderdale, Fla. — The Tampa and Fort Lauderdale offices of Calkain Cos., a net lease investment brokerage firm, have closed the sale of 40 net-leased properties in Florida for an aggregate sales price of $63 million. The transactions include the sale of 19 Circle Ks for $24 million, nine Applebees restaurants for $23 million, nine Fred's Super Dollar properties for $14 million and three Krystal restaurants for $2.2 million. The brokers from Calkain Cos. involved in the four transactions include Patrick Nutt, Michael Zimmerman, David Sobelman and Emily Cusmano.

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