Marcus & Millichap

Derrick Dougherty

Overview

Derrick Dougherty specializes in the acquisition and disposition of retail shopping centers in the Mid-Atlantic region and net-leased investments throughout the country. He joined the National Retail Group in 2008 and the Taylor-Zang Group later that same year which is now known as the TZD Retail Group. He was recognized as the #3 Agent in the Philadelphia Office in 2014 and #2 in 2015 and has successfully brokered the sale of over $500 million in retail properties across the country. The key to Derrick’s success has been his ability to provide his clients with up to date market information, advisory services and specialization in all aspects of the sales process. Prior to joining Marcus & Millichap, Derrick worked for the Pittsburgh Pirates in their Minor League system broadcasting games on the radio in markets through the Northeastern part of the Country.
Education: Bachelor of Arts, Lycoming College

Philadelphia
Derrick Dougherty

Derrick Dougherty

Vice President Investments
Tel: (215) 531-7026
Fax: (215) 531-7010

License:  PA  RS305854

Associate Director - National Retail Group
Member - Institutional Property Advisors - Retail Investment Sales
Director - Net Leased Properties Group

Promoted to Senior Associate in May, 2012
Promoted to Vice President Investments in July, 2016

Vice President Investments
Director, National Retail Group
   

Sales Recognition Award - 2016, 2015, 2014

Sales Achievements & Awards
-SRA Achievement Award Winner (2015-2014)
-Top 5 Philadelphia Agent - M&M Philadelphia (2015-2014)
-Top 30 Multi-Tenant Agent in the National Retail Group (2011)
-Senior’s Choice Award - M&M Philadelphia (2011)
-Most Improved – M&M Philadelphia (2011)
-Rookie of the Year - M&M Philadelphia (2009)

Our Team

Derrick Dougherty, Mark Taylor, Dean Zang

The TZD Retail Group of Marcus & Millichap

The TZD Retail Group of Marcus & Millichap is a team of thirteen real estate professionals and five support staff members, located in the Philadelphia, PA, Baltimore, MD, Washington, D.C. & Richmond, VA offices of Marcus & Millichap. They provide a number of services to owners, investors and developers of shopping centers and retail investment real estate.

As the market leader in the Mid-Atlantic with transactions across 38 states, the TZD Retail Group has completed over $2.5 billion in investment properties since 2003. Combining the experience of aggressive advisory professionals with the advantage of Marcus & Millichap's national marketing platform, the result is unparalleled brokerage, advisory and marketing services for clients large and small. For the year 2015, the TZD Retail Group closed over 104 transactions totaling $561M in value. 

Team Members:

  • Mark Taylor
    Senior Vice President Investments
    (215) 531-7000
  • Dean Zang
    Senior Vice President Investments
    (202) 536-3700

Transactions Closed

  • Philadelphia Net Lease Portfolio

    Philadelphia Net Lease Portfolio

    Shopping Regional

    Downingtown, PA
    Price: $31,150,000
    Size: 94,555 sqft
    Cap Rate: 6.80%

  • Wells Fargo Building

    Wells Fargo Building

    Industrial Office Warehouse

    Miami, FL
    Price: $11,250,000
    Cap Rate: 5.97%

  • Walgreens & Sherwin-Williams Paints Plaza

    Walgreens & Sherwin-Williams Paints Plaza

    Shopping Strip

    Forestville, MD
    Price: $10,880,000
    Size: 19,620 sqft
    Cap Rate: 6.75%

  • Walgreens (Baltimore MSA)

    Walgreens (Baltimore MSA)

    Net Leased Drug Store

    Catonsville, MD
    Price: $8,800,000
    Size: 14,490 sqft
    Cap Rate: 6.25%

  • Walgreens [Baltimore MSA]

    Walgreens [Baltimore MSA]

    Net Leased Drug Store

    Bel Air, MD
    Price: $7,500,000
    Size: 14,550 sqft
    Cap Rate: 6.33%

  • PNC BANK  (GROUND LEASE)

    PNC BANK (GROUND LEASE)

    Net Leased Bank

    Newtown Square, PA
    Price: $7,075,000
    Size: 58,719 sqft
    Cap Rate: 6.22%

  • Redner's Warehouse Markets & Gas

    Redner's Warehouse Markets & Gas

    Net Leased Grocery Store

    Camden, DE
    Price: $6,825,000
    Size: 48,557 sqft
    Cap Rate: 6.76%

  • Island Gym Plaza

    Island Gym Plaza

    Shopping Neighborhood

    Northfield, NJ
    Price: $5,950,000
    Size: 46,106 sqft
    Cap Rate: 8.81%

  • WAWA (GROUND LEASE)

    WAWA (GROUND LEASE)

    Net Leased Auto Service - Gas/Conv.

    Aston, PA
    Price: $5,417,500
    Size: 143,569 sqft
    Cap Rate: 5.96%

  • Rite Aid Pharmacy

    Rite Aid Pharmacy

    Net Leased Drug Store

    Delmar, MD
    Price: $5,100,000
    Size: 14,564 sqft
    Cap Rate: 8.77%

  • Sheetz & Cheddars

    Sheetz & Cheddars

    Net Leased Miscellaneous

    York, PA
    Price: $5,100,000
    Size: 12,997 sqft
    Cap Rate: 5.45%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Sumter, SC
    Price: $5,078,063
    Size: 14,820 sqft
    Cap Rate: 6.40%

  • Delancy Plaza

    Delancy Plaza

    Shopping Strip

    Elkton, MD
    Price: $4,950,000
    Size: 26,523 sqft
    Cap Rate: 8.46%

  • Wawa (Ground Lease)

    Wawa (Ground Lease)

    Net Leased Auto Service - Gas/Conv.

    Frederick, MD
    Price: $4,935,000
    Size: 5,000 sqft
    Cap Rate: 4.76%

  • Wawa

    Wawa

    Net Leased Auto Service - Gas/Conv.

    Portsmouth, VA
    Price: $4,848,484
    Size: 5,018 sqft
    Cap Rate: 4.95%

  • WAWA  (GROUND LEASE)

    WAWA (GROUND LEASE)

    Net Leased Auto Service - Gas/Conv.

    Warminster, PA
    Price: $4,399,999
    Size: 02 sqft
    Cap Rate: 5.57%

  • Wawa Gas & Convenience Store [Ground Lease]

    Wawa Gas & Convenience Store [Ground Lease]

    Net Leased Auto Service - Gas/Conv.

    Glen Burnie, MD
    Price: $4,385,965
    Size: 44,866 sqft
    Cap Rate: 5.70%

  • Wawa

    Wawa

    Net Leased Auto Service - Gas/Conv.

    Richmond, VA
    Price: $4,300,000
    Size: 5,000 sqft
    Cap Rate: 5.00%

  • Caln Plaza

    Caln Plaza

    Shopping Strip

    Thorndale, PA
    Price: $4,249,938
    Size: 57,400 sqft
    Cap Rate: 9.98%

  • Wells Fargo [Wachovia - Ground Lease]

    Wells Fargo [Wachovia - Ground Lease]

    Net Leased Bank

    Riverdale - College Park, MD
    Price: $4,025,000
    Size: 47,734 sqft
    Cap Rate: 7.08%

  • Susquehanna Bank

    Susquehanna Bank

    Net Leased Bank

    Hunt Valley, MD
    Price: $4,015,000
    Size: 3,650 sqft
    Cap Rate: 5.50%

  • First Niagara Bank [Ground Lease]

    First Niagara Bank [Ground Lease]

    Net Leased Bank

    Conshohocken, PA
    Price: $3,731,000
    Size: 41,464 sqft
    Cap Rate: 6.75%

  • Stonybrooke Shopping Center

    Stonybrooke Shopping Center

    Shopping Regional

    York, PA
    Price: $3,644,500
    Size: 63,955 sqft
    Cap Rate: 7.81%

  • CVS / pharmacy

    CVS / pharmacy

    Net Leased Drug Store

    Easton, MD
    Price: $3,600,000
    Size: 10,125 sqft
    Cap Rate: 7.27%

  • WALGREENS (RENTAL INCREASES)

    WALGREENS (RENTAL INCREASES)

    Net Leased Drug Store

    Townsend, DE
    Price: $3,500,000
    Size: 9,999 sqft
    Cap Rate: 6.43%

  • Hooters

    Hooters

    Net Leased Restaurant

    Columbia, SC
    Price: $3,400,000
    Size: 5,146 sqft
    Cap Rate: 7.55%

  • The Shoppes at Milmont

    The Shoppes at Milmont

    Shopping Strip

    Folsom, PA
    Price: $3,355,000
    Size: 12,170 sqft
    Cap Rate: 8.49%

  • Sticky Fingers | Absolute NNN

    Sticky Fingers | Absolute NNN

    Net Leased Restaurant

    Myrtle Beach, SC
    Price: $3,241,000
    Size: 6,411 sqft
    Cap Rate: 7.48%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Dover, DE
    Price: $3,135,000
    Size: 12,000 sqft
    Cap Rate: 6.89%

  • Buffalo Valley Shopping Center

    Buffalo Valley Shopping Center

    Shopping Neighborhood

    Mifflinburg, PA
    Price: $3,108,739
    Size: 73,542 sqft
    Cap Rate: 9.33%

  • CVS PHARMACY

    CVS PHARMACY

    Net Leased Drug Store

    Hagerstown, MD
    Price: $3,106,285
    Size: 10,800 sqft
    Cap Rate: 7.35%

  • Creekside Plaza

    Creekside Plaza

    Shopping Strip

    Collingdale, PA
    Price: $3,100,000
    Size: 10,030 sqft
    Cap Rate: 7.36%

  • Golden Corral

    Golden Corral

    Net Leased Restaurant

    Lumberton, NC
    Price: $3,100,000
    Size: 11,076 sqft
    Cap Rate: 9.86%

  • Single Tenant Net Leased Imaging Center

    Single Tenant Net Leased Imaging Center

    Single Tenant Office Medical

    Haddon Heights, NJ
    Price: $3,050,000
    Size: 9,554 sqft
    Cap Rate: 7.77%

  • Sheetz

    Sheetz

    Net Leased Auto Service - Gas/Conv.

    Manheim, PA
    Price: $3,000,000
    Size: 6,103 sqft
    Cap Rate: 5.00%

  • CVS/pharmacy

    CVS/pharmacy

    Net Leased Drug Store

    Fort Washington, MD
    Price: $2,883,500
    Size: 10,125 sqft
    Cap Rate: 7.59%

  • Wendy's (20-Year NNN) Thomasville

    Wendy's (20-Year NNN) Thomasville

    Net Leased Restaurant

    Thomasville, NC
    Price: $2,850,000
    Size: 4,225 sqft
    Cap Rate: 5.61%

  • Kiddie Academy

    Kiddie Academy

    Net Leased Child Care

    Feasterville Trevose, PA
    Price: $2,600,677
    Size: 9,400 sqft
    Cap Rate: 7.68%

  • Arby's

    Arby's

    Net Leased Restaurant

    Carlisle, PA
    Price: $2,600,000
    Size: 2,220 sqft
    Cap Rate: 5.85%

  • 757 Frederick Road

    757 Frederick Road

    Office

    Catonsville, MD
    Price: $2,539,000
    Size: 28,500 sqft
    Cap Rate: 10.46%

  • Applebee's (Ground Lease)

    Applebee's (Ground Lease)

    Net Leased Restaurant

    Williamstown, NJ
    Price: $2,417,712
    Size: 5,600 sqft
    Cap Rate: 5.46%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Longmont, CO
    Price: $2,403,478
    Size: 5,600 sqft
    Cap Rate: 5.75%

  • SunTrust Bank [ground lease]

    SunTrust Bank [ground lease]

    Net Leased Bank

    Reisterstown, MD
    Price: $2,357,000
    Size: 28,750 sqft
    Cap Rate: 6.15%

  • Susquehanna Bank

    Susquehanna Bank

    Net Leased Bank

    Selinsgrove, PA
    Price: $2,260,000
    Size: 3,510 sqft
    Cap Rate: 5.50%

  • 421 Amity Road

    421 Amity Road

    Industrial Office Warehouse

    Harrisburg, PA
    Price: $2,215,000
    Cap Rate: 10.86%

  • Route 422 Retail Development

    Route 422 Retail Development

    Retail Vacant/User

    Womelsdorf, PA
    Price: $2,125,000
    Size: 229,024 sqft

  • Taco Bell

    Taco Bell

    Net Leased Restaurant

    Greencastle, PA
    Price: $2,109,091
    Size: 2,850 sqft
    Cap Rate: 5.50%

  • Panera Bread and People's Bank [Ground Leases]

    Panera Bread and People's Bank [Ground Leases]

    Shopping Strip

    Hanover, PA
    Price: $1,950,000
    Size: 8,725 sqft
    Cap Rate: 8.45%

  • Checkers

    Checkers

    Net Leased Restaurant

    Philadelphia, PA
    Price: $1,946,000
    Size: 3,477 sqft
    Cap Rate: 6.99%

  • Sheetz

    Sheetz

    Net Leased Auto Service - Gas/Conv.

    Carlisle, PA
    Price: $1,927,700
    Size: 6,103 sqft
    Cap Rate: 4.98%

  • Broadway Plaza

    Broadway Plaza

    Shopping Strip

    Gloucester City, NJ
    Price: $1,750,000
    Size: 15,740 sqft
    Cap Rate: 9.01%

  • Dollar General - Montpelier

    Dollar General - Montpelier

    Net Leased Discount

    Montpelier, VA
    Price: $1,740,000
    Size: 9,026 sqft
    Cap Rate: 6.31%

  • 7-Eleven [Ground Lease]

    7-Eleven [Ground Lease]

    Net Leased Auto Service - Gas/Conv.

    Aston, PA
    Price: $1,720,000
    Size: 2,686 sqft
    Cap Rate: 6.00%

  • PROSPECT PARK PLAZA

    PROSPECT PARK PLAZA

    Shopping Neighborhood

    Prospect Park, PA
    Price: $1,700,000
    Size: 12,080 sqft
    Cap Rate: 7.80%

  • Starbucks

    Starbucks

    Net Leased Restaurant

    Apopka, FL
    Price: $1,675,000
    Size: 1,816 sqft
    Cap Rate: 5.87%

  • 15-Yr. NNN Dollar General

    15-Yr. NNN Dollar General

    Net Leased Discount

    McHenry, MD
    Price: $1,644,892
    Size: 9,026 sqft
    Cap Rate: 6.58%

  • Dollar General

    Dollar General

    Net Leased Discount

    Starke, FL
    Price: $1,584,355
    Size: 9,100 sqft
    Cap Rate: 6.75%

  • M&T Bank

    M&T Bank

    Net Leased Bank

    Dillsburg, PA
    Price: $1,563,750
    Size: 1,856 sqft
    Cap Rate: 5.76%

  • Slade Village

    Slade Village

    Shopping Strip

    Pikesville, MD
    Price: $1,550,000
    Size: 13,780 sqft
    Cap Rate: 7.75%

  • THE GODDARD SCHOOL

    THE GODDARD SCHOOL

    Net Leased Child Care

    Enola (Harrisburg MSA), PA
    Price: $1,525,000
    Size: 6,720 sqft
    Cap Rate: 9.18%

  • Applebee’s

    Applebee’s

    Net Leased Restaurant

    Edinburgh, IN
    Price: $1,485,714
    Size: 5,493 sqft
    Cap Rate: 5.25%

  • Arby's Corporate

    Arby's Corporate

    Net Leased Restaurant

    Montgomery, AL
    Price: $1,460,000
    Size: 3,362 sqft
    Cap Rate: 6.85%

  • Turkey Hill [Kroger Guarantee]

    Turkey Hill [Kroger Guarantee]

    Net Leased Auto Service - Gas/Conv.

    Hometown, PA
    Price: $1,350,000
    Size: 6,316 sqft
    Cap Rate: 6.53%

  • AutoZone

    AutoZone

    Net Leased Auto Parts

    Dubois, PA
    Price: $1,325,000
    Size: 6,816 sqft
    Cap Rate: 5.66%

  • Dollar General

    Dollar General

    Net Leased Discount

    Mardela Springs, MD
    Price: $1,320,000
    Size: 9,100 sqft
    Cap Rate: 6.42%

  • Applebee's

    Applebee's

    Net Leased Restaurant

    Ebensburg, PA
    Price: $1,304,347
    Size: 6,000 sqft
    Cap Rate: 5.75%

  • Lincoln Point Shopping Center

    Lincoln Point Shopping Center

    Shopping Neighborhood

    Morrisville, PA
    Price: $1,268,000
    Size: 12,930 sqft
    Cap Rate: 8.38%

  • Lyken's Valley Shopping Plaza

    Lyken's Valley Shopping Plaza

    Shopping Strip

    Elizabethville, PA
    Price: $1,250,000
    Size: 56,000 sqft
    Cap Rate: 10.64%

  • Howard Bank

    Howard Bank

    Net Leased Bank

    Havre De Grace, MD
    Price: $1,240,225
    Size: 2,280 sqft
    Cap Rate: 8.00%

  • Paradise Junction Retail Center

    Paradise Junction Retail Center

    Shopping Strip

    Catonsville, MD
    Price: $1,238,000
    Size: 4,047 sqft
    Cap Rate: 7.79%

  • Advanced Auto Parts # 6477

    Advanced Auto Parts # 6477

    Net Leased Auto Parts

    Riverview, FL
    Price: $1,200,000
    Size: 7,000 sqft
    Cap Rate: 7.51%

  • KinderCare

    KinderCare

    Net Leased Child Care

    Allentown, PA
    Price: $1,170,000
    Size: 7,516 sqft
    Cap Rate: 8.63%

  • Burger King

    Burger King

    Net Leased Restaurant

    Williamsville, NY
    Price: $1,130,000
    Size: 3,368 sqft
    Cap Rate: 7.02%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Greensboro, MD
    Price: $1,125,000
    Size: 8,000 sqft
    Cap Rate: 8.70%

  • Hardee's

    Hardee's

    Net Leased Restaurant

    York, PA
    Price: $1,115,000
    Size: 2,500 sqft
    Cap Rate: 7.27%

  • Sleepy's

    Sleepy's

    Net Leased Miscellaneous

    Hazleton, PA
    Price: $1,106,000
    Size: 11,988 sqft
    Cap Rate: 9.00%

  • Sproul Road Retail Center

    Sproul Road Retail Center

    Shopping Strip

    Broomall, PA
    Price: $1,050,000
    Size: 10,367 sqft
    Cap Rate: 9.57%

  • 7-ELEVEN

    7-ELEVEN

    Net Leased Auto Service - Gas/Conv.

    Philadelphia, PA
    Price: $1,023,000
    Size: 2,640 sqft
    Cap Rate: 8.00%

  • 7-Eleven [Retail Condo]

    7-Eleven [Retail Condo]

    Net Leased Auto Service - Gas/Conv.

    Owings Mills, MD
    Price: $1,019,200
    Size: 2,800 sqft
    Cap Rate: 8.82%

  • Burger King

    Burger King

    Net Leased Restaurant

    Rolla, MO
    Price: $1,000,000
    Size: 3,727 sqft
    Cap Rate: 6.38%

  • NAPA  Auto Parts

    NAPA Auto Parts

    Net Leased Auto Parts

    Clinton, MD
    Price: $850,000
    Size: 8,200 sqft
    Cap Rate: 8.17%

  • Castor Avenue Retail Strip

    Castor Avenue Retail Strip

    Shopping Strip

    Philadelphia, PA
    Price: $737,500
    Size: 4,388 sqft
    Cap Rate: 7.59%

  • DollarGeneral

    DollarGeneral

    Net Leased Discount

    NuMine, PA
    Price: $486,500
    Size: 9,014 sqft
    Cap Rate: 9.25%

  • Susquehanna Bank

    Susquehanna Bank

    Net Leased Bank

    York, PA
    Price: $460,000
    Size: 2,756 sqft
    Cap Rate: 6.32%