Monarch Commercial Advisors

Best in class shopping center in Auburn, CA located at the top intersection in the market with a strong line up of credit tenants. Each building is separately parceled. Strong lift over the next 24 months. Email Brandon Norton or myself for an OM.

See’s Candies is the gold standard for longevity and enduring success in America, having navigated many economic cycles throughout its 100+ year history. Once an old bank building, See’s beautifully transformed the site into a brand showcase and jewel box store. This closing was a significant achievement; at a below market cap rate, our deep understanding of the company’s legacy and thorough analysis of the building’s value and surrounding area allowed us to confidently affirm the tenant’s strength and successfully close the deal. Key Takeaways: Good grasp of TIs : By partnering closely with Carol Therien, See’s Candies’ leasing broker, we gained invaluable insights into the property. This partnership allowed us to see ‘under the hood’ and understand the enhancements See’s made in their tenant improvements, particularly the very expensive food-grade lower-level improvements and stunning interior buildouts. These insights enabled us to accurately highlight the building’s inconspicuous value and market it to the right buyer pool. Real Time Market Data: The rental rate always felt light on this deal. We did a real-time rent survey and revealed that the building was leased at a rate significantly below where leases were getting executed in the adjacent center.  This information bootstrapped long term upside, allowing us to achieve a below market cap rate for the seller. Strategic Timing: Our team expertly navigated a big challenge that could have jeopardized the deal in its final stages. Through careful timing and precise management, we not only resolved the issue but also strengthened the buyer’s commitment, ensuring a successful closing.

There are only 6 Tractor Supply's in the 9 San Francisco Bay Area Counties. The Bay Area is an extremely difficult market to develop in. This store just opened 2 months ago, but it's priced $500k - $2 million less than other brand new Tractor Supply's in Northern California. - Lower cost PSF than other new TSC's in Northern California - Higher barrier to entry market than other TSC's - Stronger demo's Reach out to Dave Lucas or myself for more info!

Another great team effort by the Monarch Commercial Advisors team. Brandon Norton and I closed all-cash prior to construction commencement with a non-contingent lease to a cannabis tenant, and escrow was under 30 days. Key takeaways: · Direct Access to the Tenant: Working with STIIIZY was awesome. Buyers are naturally more analytical on cannabis tenants. Stiiizy was accessible and accommodating in answering and addressing questions around the licensing and construction process. If you are a landlord considering a cannabis tenant, Stiiizy, one of the largest cannabis companies in the country, is the most professional we have dealt with, and I would highly recommend them as a lessee. · Stay Ready: At 4:45 on the day before we were set to close, the existing insurance company backed out over an 'oversight' of a missing photo of an electrical panel. The following morning, Valerie Taylor (National Cannabis Practice Leader) came through with another insurance policy in place; no easy feat on a vacant, pre-construction cannabis leased asset. Lauren C. took a very proactive approach in securing multiple quotes up front and was able to pivot at the last minute. · Hundred Rooftops Buyer: Our direct buyer owned in Madera, had capital to place, and was very educated on the retail cannabis space. Our platform was able to locate this buyer through our multi-level marketing efforts and effectively demonstrate the property’s desirable qualities to the buyer and market.