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Faris Lee Investments

About Company

Faris Lee Investments is a nationally recognized investment advisory firm specialized in retail commercial real estate. With over 320 properties closed in 45 states across the U.S. in the past 24 months, approximately $850 million currently available in inventory, and over 300 properties underwritten annually, Faris Lee has unmatched insight and real time, street-level knowledge of market conditions, buyer pools, capital markets, and a forward-looking perspective on value and pricing. For this reason, our firm is engaged by private and institutional investors, owner/operators, developers, family offices and private equity firms throughout the nation. We are known for implementing creative strategies that maximize property values for regional malls, grocery anchored centers, lifestyle centers, NNN portfolios, strip retail and single tenant NNN investments. Our success stems from our unique, "one-team, one-company"​ culture whereby the entire company contributes to the goal of maximizing value on every assignment. Clients benefit from representation by the most experienced retail investment and financing experts in the country. No other firm offers the same level of intellectual resources, years of retail experience, or individualized attention from senior managers.

18301 Von Karman Avenue Suite 800 Irvine, CA 92612

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1030 Mangrove Avenue, Chico, CA , 95926
  • Size SF2,300
  • Built/Renov2024
  • Price/SF$1,552
  • Lease Start10-04-2024
  • Rent/SF$77.61
  • Lease Type NN+
  • Lot/AC0.71
  • Pop 5MI111,843

3,570,000

  • Cap Rate 5.00%
  • NOI $178,500
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 38,038
  • New construction

  • Near major nationals

  • Strategically located

  • Highway close

  • Strong demographics

  • Brand new lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
2105 Cleary Avenue, Metairie, LA , 70001
  • Size SF13,225
  • Built/Renov2010
  • Price/SF$352
  • Lease Start02-12-2010
  • Rent/SF$18.30
  • Lease Type Abs NNN
  • Lot/AC1.19
  • Pop 5MI284,737

4,650,000

  • Cap Rate 5.20%
  • NOI $242,000
  • R. Term/Yrs 11.2
  • Guarantor Corp R + T
  • # Units 9,395
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Freeway 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
1740 Centinela Avenue, Inglewood, CA , 90302
  • Size SF880
  • Built/Renov2017
  • Price/SF$6,250
  • Lease Start03-01-2018
  • Rent/SF$250.00
  • Lease Type Abs NNN
  • Lot/AC0.39
  • Pop 5MI830,463

5,500,000

  • Cap Rate 4.00%
  • NOI $220,000
  • R. Term/Yrs 13.3
  • Guarantor Corp R + T
  • # Units 38,038
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
50 Willow Lane, McDonough, GA , 30253
  • Size SF2,864
  • Built/Renov2024
  • Price/SF$1,528
  • Lease Start11-01-2024
  • Rent/SF$61.10
  • Lease Type Abs NNN
  • Lot/AC1.93
  • Pop 5MI82,897

4,375,000

  • Cap Rate 4.00%
  • NOI $175,000
  • R. Term/Yrs 14.11
  • Guarantor Corporate
  • # Units 3,059
  • New construction

  • Signalized intersection

  • Shopping Ctr out-parcel

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Chick-fil-A
  • Guarantor Corporate
  • #Units 3,059
  • Stock Private
10 Ford Way, Carrollton, GA , 30116
  • Size SF4,160
  • Built/Renov2018
  • Price/SF$1,260
  • Lease Start11-01-2024
  • Rent/SF$91.35
  • Lease Type Abs NNN
  • Lot/AC1.33
  • Pop 5MI48,034

5,241,000

  • Cap Rate 7.25%
  • NOI $380,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 1
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Accelerated depreciation

  • Personal guarantee

  • ...
  • Tenant Tommy's Express Car Wash
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
239 Old Nuevo Road, Perris, CA , 92571
  • Size SF3,831
  • Built/Renov2024
  • Price/SF$1,869
  • Lease Start01-01-2025
  • Rent/SF$90.45
  • Lease Type Abs NNN
  • Lot/AC1.50
  • Pop 5MI118,961

7,160,000

  • Cap Rate 4.84%
  • NOI $346,500
  • R. Term/Yrs 15.7
  • Guarantor Corporate
  • # Units 749
  • New construction

  • Signalized intersection

  • Shopping Ctr out-parcel

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Raising Cane's
  • Guarantor Corporate
  • #Units 749
  • Stock Private
8530 North Oak Trafficway, Kansas City, MO , 64155
  • Size SF3,900
  • Built/Renov2018
  • Price/SF$698
  • Lease Start12-01-2024
  • Rent/SF$40.14
  • Lease Type Abs NNN
  • Lot/AC2.22
  • Pop 5MI150,035

2,722,608

  • Cap Rate 5.75%
  • NOI $156,550
  • R. Term/Yrs 20.0
  • Guarantor Corp R + T
  • # Units 7,000
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Dairy Queen
  • Guarantor Corp T and Rated
  • #Units 7,000
  • Moody's/S&P Aa2/ AA
  • Stock NYSE: BRK.A
5000 Maple Spring Drive, Louisville, KY , 40229
  • Size SF510
  • Built/Renov2024
  • Price/SF$3,620
  • Lease Start03-24-2024
  • Rent/SF$222.55
  • Lease Type Abs NNN
  • Lot/AC0.71
  • Pop 5MI129,404

1,846,000

  • Cap Rate 6.15%
  • NOI $113,500
  • R. Term/Yrs 14.4
  • Guarantor Franchisee
  • # Units 62
  • New construction

  • Near major nationals

  • Freeway close

  • Highway location

  • Strong demographics

  • Major MSA

  • New development zone

  • Brand new lease

  • Long 15+ yr lease

  • 50+ unit franchisee backed

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 62
  • Stock Private
810 Seven Oaks Boulevard, Smyrna, TN , 37167
  • Size SF1,860
  • Built/Renov2023
  • Price/SF$1,053
  • Lease Start08-02-2023
  • Rent/SF$68.46
  • Lease Type Abs NNN
  • Lot/AC0.67
  • Pop 5MI95,323

1,959,000

  • Cap Rate 6.50%
  • NOI $127,342
  • R. Term/Yrs 13.11
  • Guarantor Corporate
  • # Units 227
  • New construction

  • Build to suit

  • Near major nationals

  • Freeway close

  • Top 100 MSA

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Tenant Strickland Brothers
  • Guarantor Corporate
  • #Units 227
  • Stock Private
13645 East Colonial Drive, Orlando, FL , 32826
  • Size SF2,520
  • Built/Renov2024
  • Price/SF$1,071
  • Lease Start05-17-2024
  • Rent/SF$53.57
  • Lease Type Abs NNN
  • Lot/AC0.94
  • Pop 5MI209,101

2,700,000

  • Cap Rate 5.00%
  • NOI $135,000
  • R. Term/Yrs 14.5
  • Guarantor Corporate
  • # Units 400
  • New construction

  • Build to suit

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Brand new lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Pollo Campero
  • Guarantor Corporate
  • #Units 400
  • Stock Private
710 South Azusa Avenue, Azusa, CA , 91702
  • Size SF1,055
  • Built/Renov2024
  • Price/SF$4,360
  • Lease Start03-01-2023
  • Rent/SF$189.57
  • Lease Type NN+
  • Lot/AC0.35
  • Pop 5MI383,611

4,600,000

  • Cap Rate 4.35%
  • NOI $200,000
  • R. Term/Yrs 8.3
  • Guarantor Corp R + T
  • # Units 38,038
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Freeway close

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
283 Orange Avenue, Chula Vista, CA , 91911
  • Size SF1,129
  • Built/Renov2023
  • Price/SF$3,937
  • Lease Start09-21-2023
  • Rent/SF$177.15
  • Lease Type Abs NNN
  • Lot/AC1.44
  • Pop 5MI378,232

4,445,000

  • Cap Rate 4.50%
  • NOI $200,000
  • R. Term/Yrs 8.10
  • Guarantor Corp R + T
  • # Units 38,038
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway location

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
601 Loyola Avenue, New Orleans, LA , 70113
  • Size SF23,700
  • Built/Renov2011
  • Price/SF$359
  • Lease Start11-01-2011
  • Rent/SF$19.39
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI361,739

8,500,000

  • Cap Rate 5.41%
  • NOI $459,658
  • R. Term/Yrs 36.11
  • Guarantor Corp R + T
  • # Units 1,335
  • Build to suit

  • In location for years

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Long 20+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Hyatt Regency
  • Guarantor Corp T and Rated
  • #Units 1,335
  • Moody's/S&P Baa3/ BBB-
  • Stock NYSE: H
1050 East Whitmore Avenue, Ceres, CA , 95307
  • Size SF950
  • Built/Renov2024
  • Price/SF$1,423
  • Lease Start10-01-2024
  • Rent/SF$74.74
  • Lease Type Abs NNN
  • Lot/AC0.69
  • Pop 5MI171,815

1,352,000

  • Cap Rate 5.25%
  • NOI $71,000
  • R. Term/Yrs 14.10
  • Guarantor Corp Traded
  • # Units 831
  • New construction

  • Near major nationals

  • Strategically located

  • Highway close

  • Dense 100M+ pop 5 mi

  • Major MSA

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Dutch Bros. Coffee
  • Guarantor Corp Traded
  • #Units 831
  • Stock NYSE: BROS
2250 Arizona 95, Bullhead City, AZ , 86442
  • Size SF1,438
  • Built/Renov2022
  • Price/SF$1,494
  • Lease Start02-01-2023
  • Rent/SF$89.66
  • Lease Type Abs NNN
  • Lot/AC0.73
  • Pop 5MI45,868

2,149,000

  • Cap Rate 6.00%
  • NOI $128,931
  • R. Term/Yrs 13.2
  • Guarantor Franchisee
  • # Units 11
  • New construction

  • Major thoroughfare

  • Near major nationals

  • Shopping Ctr out-parcel

  • Highway location

  • Strong tenant synergy

  • New development zone

  • Brand new lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant Take 5 Oil Change
  • Guarantor Franchisee
  • #Units 11
  • Moody's/S&P B2/ BBB-
  • Stock NASDAQ: DRVN
398 West 16th Street, Merced, CA , 95340
  • Size SF9,180
  • Built/Renov2013
  • Price/SF$332
  • Lease Start03-21-2013
  • Rent/SF$23.22
  • Lease Type NN+
  • Lot/AC0.93
  • Pop 5MI110,078

3,045,000

  • Cap Rate 7.00%
  • NOI $213,162
  • R. Term/Yrs 3.7
  • Guarantor Corp R + T
  • # Units 8,359
  • In location for years

  • Near major nationals

  • Strategically located

  • Freeway close

  • Dense 100M+ pop 5 mi

  • Favorable NN+ lease

  • Top performing store

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Family Dollar
  • Guarantor Corp T and Rated
  • #Units 8,359
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
2719 Charity Street, Abbeville, LA , 70510
  • Size SF3,147
  • Built/Renov2016
  • Price/SF$737
  • Lease Start12-21-2021
  • Rent/SF$40.67
  • Lease Type Abs NNN
  • Lot/AC0.82
  • Pop 5MI57,053

2,319,000

  • Cap Rate 5.52%
  • NOI $128,000
  • R. Term/Yrs 15.1
  • Guarantor Franchisee
  • # Units 30
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway location

  • Hospital close

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Personal guarantee

  • Investment grade tenant

  • ...
  • Tenant Dairy Queen
  • Guarantor Franchisee
  • #Units 30
  • Moody's/S&P Aa2/ AA+
  • Stock NYSE: BRK.A
2100 Louisiana Blvd NE, Albuquerque, NM , 87110
  • Size SF8,000
  • Built/Renov2024
  • Price/SF$1,326
  • Lease Start01-01-2024
  • Rent/SF$66.30
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI288,953

10,608,000

  • Cap Rate 5.00%
  • NOI $530,400
  • R. Term/Yrs 9.1
  • Guarantor Corp Rated
  • # Units 200
  • New construction

  • Roof guarantee

  • High traffic 50M+ VPD

  • Shopping Ctr out-parcel

  • Freeway visibility

  • Top 100 MSA

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Fidelity Investments
  • Guarantor Corp Rated
  • #Units 200
  • Moody's/S&P A1/ A+
  • Stock Private
1589 Main Street, San Luis, AZ , 85349
  • Size SF2,403
  • Built/Renov2022
  • Price/SF$1,228
  • Lease Start09-01-2022
  • Rent/SF$61.38
  • Lease Type Abs NNN
  • Lot/AC0.81
  • Pop 5MI27,175

2,950,000

  • Cap Rate 5.00%
  • NOI $147,500
  • R. Term/Yrs 7.9
  • Guarantor Corp R + T
  • # Units 38,038
  • New construction

  • Near major nationals

  • WalMart out-parcel

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Business growth area

  • Brand new lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Starbucks
  • Guarantor Corp T and Rated
  • #Units 38,038
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX

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