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​Single Tenant Net Lease Specialists

For a free "no obligation" valuation of your property please email to us a lease abstract & site plan.

SELLERS

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BUYERS

Please email us a list of your acquisition criteria and we can send you some more "on & off market deals."

ABOUT
LemRx

LemRx Realty Advisors typically work on single tenant net leased ("STNL") properties with tenants that have S&P ratings of BBB or better.  These leases are referred to as "bulletproof" or "bond absolute triple net" or simply "triple net" where the tenant pays for all expenses thereby giving Landlords "peace of mind" with a guaranteed "no headache" income stream from a national credit tenant (please check with us for exceptions)...

The real estate occupied by "national credit" tenants is especially suited for high net worth investors and institutional investors. 1031 exchange buyers also like credit STNL properties as these are often a "first choice" or strong second choice for buyers who are running out of time on their ID period to purchase a like-kind exchange property. National credit STNL real estate is the perfect place to "park" money for short, medium, or long term.

 

These properties are simple, have only one lease with a national credit tenant, and are generally easier to re-sell or refinance than other types of real estate. Best of all, credit STNL properties give Landlords "peace of mind" and assurances of a guaranteed income stream from a "Fortune 50" or S&P Rated national credit tenant.

 

Most of the buildings are "build to suit" and are generally free standing corner buildings on lighted intersections and are usually the best locations in a major or secondary metro market where plenty of "rooftops" exist.

 

"All STNL Properties Are Not Created Equal"... LemRx Realty Advisors have purchased multiple STNL properties for its own account and can give you "first hand" knowledge of the ins and outs of buying, owning, financing, and/or selling a property occupied by STNL tenants.

 

FOCUS ON LONG TERM RELATIONSHIPS: Please call or email us with your investment criteria and we will be glad to forward to you selective "on market" and "off market" properties. Or, if you are considering investment in a specific STNL property or properties feel free to forward a brief description to us. We will be glad to give you our candid opinion of the property's fair market value and its' pluses and minuses as well as comparable sales of other Walgreens properties. No obligation. "Our best client is a repeat client"...

LemRx Medical Specialty Group is a division of LemRx Realty Advisors and are principals in a family real estate investment fund.  Our core assets include single tenant medical and drug store net leased properties. We are also one of the nation's leading real estate transaction advisory firms specializing in the site selection, purchase, sale, financing, lease negotiation (aka "blend and extend"), sale/leaseback and direct sale of real estate occupied by single tenant net leased properties "STNL" with national credit (S&P Rated B or better).  

ABOUT
LemRx MED

Since helping to create the "drug store niche" in the year 2000, and after selling over 120 drug store properties including Walgreens, CVS, Rite Aid, and Fred's Pharmacies valued at over $500,000,000, LemRx has expanded into the STNL medical space to focus on the increasing demand for single tenant medical properties serving the huge aging baby boomer demographic in the United States.  Dialysis clinics are often “one way doors” for patients and provides for recession and internet resistant “must have” healthcare giving Landlords and Lenders confidence in a tenant’s long term occupancy of the real estate and “peace of mind”.

 

LemRxmed.com properties include national credit tenants such as DaVita Dialysis, Fresenius, Urgent Care and many others. Please call or email us and tell us how we can help you achieve your real estate goals.

MED

FEATURED PROPERTIES

Drug Store

Rite Aid

Grafton, OH

$2,995,888

CAP:

8%

NOI: 

$239,612

Building Size:

14,564 SF

Lot Size:

1.67 Acres

Lease:

11 years

Status

1

Drug Store

Walgreens

Albuquerque, NM

$3,578,000

CAP:

6.25%

NOI: 

$223,600

Building Size:

13,975 SF

Lot Size:

1.24 Acres

Lease:

-

Status

1

NNN

Sherwin Williams

Post Falls, ID

$2,746,000

CAP:

5.10%

NOI: 

$140,000

Building Size:

13,975 SF

Lot Size:

1.04 Acres

Lease:

10 years

Status

1

MEET OUR SENIOR ADVISORS

TESTIMONIALS

"In my 40 years of experience in the commercial real estate field, I have never experienced the diligence and professional performance of a broker like that demonstrated by Dan Lem & LEM Real Estate Advisors. Clearly superior service every step of the way... He lent solid advice to me during the negotiations and continues to be diligent in follow up. While we had a down economy Dan procured the perfect all cash buyer for our property. Dan is truly a remarkable broker and I would recommend his services without hesitation."

Walter S. Clements, CCIM, MRCM - Director, Lewis White Real Estate Center Bloch School of Business and Public Administration - University of Missouri.

"I am pleased to say that we have used the services of Dan Lem...we have found his services to be satisfactory and effective. We have no hesitation in recommending him..."

Lawrence Lui, President Harbor View Investments.

"Dan's knowledge, professionalism, and enthusiasm were directly responsible for our obtaining multiple offers with the final offer being well over our expectations."

Preston Keogh, son of congressman Eugene J. Keogh and author of The "Keogh Plan".

"Unlike most brokers in the industry Dan did not simply "talk us into a deal" but listened carefully to our needs, was very honest with us, and found a Walgreens that fit our needs..."

Tom Ellis Beal, President / CEO of Beal Properties and board member UMB Bank, Prairie Village, KS.

"We have worked with Dan Lem in the sale of a new NNN Walgreens property while under construction and have found his work to be professional and precise...we recommend Dan"

Dave McCaffrey, CFO, Anxon/Semper, developer of multiple Walgreens properties throughout the U.S.

FOR ANY INQUIRES PLEASE CONTACT US OR FILL THE FORM BELOW

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Call Us

Main: 707-674-1711

Haley Nekota: 707-674-1711

Dan Lem: 415-385-7381

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