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Broker

Dan Lem

LemRx Realty Advisors
Founding Partner
  • 9Active Listing
  • 0Under Contract
  • 0Sold Transactions

Since 1986 Dan and his team of seasoned advisors have helped clients develop, buy,sell, finance, or sell/leaseback over $1,000,000,000 (US$ one billion) in real estate including over 120 properties occupied by Walgreens, CVS, or Rite Aid. Dan's clients include institutional and high net worth investors including such celebrity clients as George and Gavin Maloof, owners of the Sacramento Kings and Preston Keogh, son of congressman Eugene Keogh of the "The Keogh Plan". Dan is a CPA and has worked at the former "Big 8" accounting firm of Touche Ross & Co. (now Deloitte & Touche). Dan also has an MBA from U.C. Berkeley's Haas School of Business in real estate and marketing, a BA from Queens College in economics and accounting, and is a licensed Real Estate Broker since 1986 with a specialization in single tenant net leased properties.

Licensed in: CA
221 W A Street, Suite 833 Dixon, CA 95620

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1355 Palm Bay Road Northeast, Melbourne, FL , 32905
  • Size SF10,392
  • Built/Renov2017
  • Price/SF$646
  • Lease Start01-01-2017
  • Rent/SF$33.92
  • Lease Type NN+
  • Lot/AC1.48
  • Pop 5MI141,306

6,714,790

  • Cap Rate 5.25%
  • NOI $352,526
  • R. Term/Yrs 8.7
  • Guarantor Corp R + T
  • # Units 4,171
  • Build to suit

  • Strategically located

  • Freeway close

  • Hospital close

  • Top 100 MSA

  • Income tax free state

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Fresenius
  • Guarantor Corp T and Rated
  • #Units 4,171
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: FMS
3825 County Road 69, Corpus Christi, TX , 78410
  • Size SF7,160
  • Built/Renov2018
  • Price/SF$472
  • Lease Start05-25-2018
  • Rent/SF$24.77
  • Lease Type NN+
  • Lot/AC2.00
  • Pop 5MI33,914

3,378,888

  • Cap Rate 5.25%
  • NOI $177,368
  • R. Term/Yrs 9.0
  • Guarantor Corp R + T
  • # Units 4,171
  • Build to suit

  • Roof guarantee

  • Freeway close

  • Hospital close

  • Major MSA

  • Income tax free state

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Fresenius
  • Guarantor Corp T and Rated
  • #Units 4,171
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: FMS
600 Long Beach Blvd, Long Beach, CA , 90802
  • Size SF13,800
  • Built/Renov2005
  • Price/SF$554
  • Lease Start01-01-2005
  • Rent/SF$19.93
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI409,197

7,638,888

  • Cap Rate 3.60%
  • NOI $275,000
  • R. Term/Yrs 6.7
  • Guarantor Corp R + T
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Hospital close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
5171 Northwest 43rd Street, Gainesville, FL , 32606
  • Size SF15,243
  • Built/Renov2008
  • Price/SF$686
  • Lease Start01-01-2008
  • Rent/SF$30.51
  • Lease Type Abs NNN
  • Lot/AC1.35
  • Pop 5MI120,023

10,450,000

  • Cap Rate 4.45%
  • NOI $465,000
  • R. Term/Yrs 9.7
  • Guarantor Corp R + T
  • # Units 8,896
  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA
700 South Gaffey Street, San Pedro, CA , 90731
  • Size SF14,472
  • Built/Renov2006
  • Price/SF$1,071
  • Lease Start06-01-2006
  • Rent/SF$47.17
  • Lease Type Abs NNN
  • Lot/AC1.14
  • Pop 5MI210,911

15,500,000

  • Cap Rate 4.40%
  • NOI $682,625
  • R. Term/Yrs 7.0
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Hospital close

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
1193 Admiral Callaghan Lane, Vallejo, CA , 94591
  • Size SF16,500
  • Built/Renov2015
  • Price/SF$328
  • Lease Start04-01-2015
  • Rent/SF$12.73
  • Lease Type Abs NNN
  • Lot/AC1.61
  • Pop 5MI158,923

5,418,888

  • Cap Rate 3.88%
  • NOI $210,000
  • R. Term/Yrs 16.8
  • Guarantor Corp R + T
  • # Units 9,395
  • High traffic 50M+ VPD

  • Dense retail corridor

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
7010 Fry Road, Cypress, TX , 77433
  • Size SF12,725
  • Built/Renov2006
  • Price/SF$375
  • Lease Start01-01-2006
  • Rent/SF$21.63
  • Lease Type Abs NNN
  • Lot/AC1.65
  • Pop 5MI281,123

4,766,516

  • Cap Rate 5.77%
  • NOI $275,256
  • R. Term/Yrs 7.8
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Income tax free state

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
800 W Old Settlers Blvd, Round Rock, TX , 78681
  • Size SF13,000
  • Built/Renov2006
  • Price/SF$522
  • Lease Start01-01-2006
  • Rent/SF$23.05
  • Lease Type Abs NNN
  • Lot/AC1.95
  • Pop 5MI208,360

6,792,000

  • Cap Rate 4.41%
  • NOI $299,616
  • R. Term/Yrs 7.8
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Freeway visibility

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • 24 hour store

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS
1900 19th Avenue, San Francisco, CA , 94116
  • Size SF17,920
  • Built/Renov1930/2018
  • Price/SF$977
  • Lease Start10-05-2014
  • Rent/SF$37.57
  • Lease Type Abs NNN
  • Lot/AC0.47
  • Pop 5MI912,616

17,500,000

  • Cap Rate 3.85%
  • NOI $673,167
  • R. Term/Yrs 5.8
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant CVS Pharmacy
  • Guarantor Corp T and Rated
  • #Units 9,395
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: CVS

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