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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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7055 North Blythe Avenue, Fresno, CA , 93722
  • Size SF9,990
  • Built/Renov2024
  • Price/SF$567
  • Lease Start06-01-2024
  • Rent/SF$40.55
  • Lease Type NN+
  • Lot/AC1.07
  • Pop 5MI178,611

5,661,000

  • Cap Rate 7.16%
  • NOI $405,095
  • R. Term/Yrs 20.0
  • Guarantor Corporate
  • # Units 400
  • New construction

  • Build to suit

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Tenant The Learning Experience
  • Guarantor Corporate
  • #Units 400
  • Stock Private
4089 Tutt Boulevard, Colorado Springs, CO , 80922
  • Size SF4,867
  • Built/Renov2021
  • Price/SF$1,336
  • Lease Start07-01-2024
  • Rent/SF$80.13
  • Lease Type Abs NNN
  • Lot/AC2.24
  • Pop 5MI223,500

6,500,000

  • Cap Rate 6.00%
  • NOI $390,000
  • R. Term/Yrs 20.1
  • Guarantor Corporate
  • # Units 192
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 20+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Tenant Tommy's Express Car Wash
  • Guarantor Corporate
  • #Units 192
  • Stock Private
1825 12th Avenue Northwest, Ardmore, OK , 73401
  • Size SF550
  • Built/Renov2023
  • Price/SF$2,909
  • Lease Start05-01-2024
  • Rent/SF$203.64
  • Lease Type Abs NNN
  • Pop 5MI26,928

1,600,000

  • Cap Rate 7.00%
  • NOI $112,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Build to suit

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Freeway close

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Top performing store

  • Personal guarantee

  • ...
  • Tenant Scooter's Coffee
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
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 37.5
  • 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
3535 Panama Lane, Bakersfield, CA , 93313
  • Size SF23,313
  • Built/Renov2023
  • Price/SF$629
  • Lease Start03-01-2024
  • Rent/SF$33.00
  • Lease Type Abs NNN
  • Lot/AC2.09
  • Pop 5MI272,105

14,655,000

  • Cap Rate 5.25%
  • NOI $769,329
  • R. Term/Yrs 14.9
  • Guarantor Corp Traded
  • # Units 407
  • New construction

  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Sprouts Farmers Market
  • Guarantor Corp Traded
  • #Units 407
  • Stock NASDAQ: SFM
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 15.4
  • 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 13.8
  • 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
2811 N Broadway St, Pittsburg, KS , 66762
  • Size SF550
  • Built/Renov2023
  • Price/SF$3,178
  • Lease Start05-01-2024
  • Rent/SF$214.55
  • Lease Type Abs NNN
  • Lot/AC1.25
  • Pop 5MI36,846

1,748,000

  • Cap Rate 6.75%
  • NOI $118,000
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • University college close

  • Strong tenant synergy

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
398 West 16th Street, Merced, CA , 95340
  • Size SF9,180
  • Built/Renov2013
  • Price/SF$376
  • Lease Start03-21-2013
  • Rent/SF$23.22
  • Lease Type NN+
  • Lot/AC0.93
  • Pop 5MI110,078

3,452,000

  • Cap Rate 6.18%
  • NOI $213,162
  • R. Term/Yrs 4.1
  • 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
1230 North Main Street, Miami, OK , 74354
  • Size SF550
  • Built/Renov2023
  • Price/SF$3,364
  • Lease Start05-01-2024
  • Rent/SF$227.05
  • Lease Type Abs NNN
  • Lot/AC0.42
  • Pop 5MI17,494

1,850,000

  • Cap Rate 6.75%
  • NOI $124,875
  • R. Term/Yrs 14.11
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Hard corner intersection

  • Near major nationals

  • Strategically located

  • Highway location

  • Strong tenant synergy

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
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 15.7
  • 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
650 Highway 62 E, Mountain Home, AR , 72653
  • Size SF550
  • Built/Renov2023
  • Price/SF$3,178
  • Lease Start12-01-2023
  • Rent/SF$214.55
  • Lease Type Abs NNN
  • Lot/AC0.93
  • Pop 5MI18,273

1,748,000

  • Cap Rate 6.75%
  • NOI $118,000
  • R. Term/Yrs 14.6
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
150 South 11th Avenue, Hanford, CA , 93230
  • Size SF27,799
  • Built/Renov1978/2015
  • Price/SF$150
  • Lease Start06-20-2016
  • Rent/SF$9.00
  • Lease Type NN+
  • Lot/AC2.70
  • Pop 5MI67,764

4,170,000

  • Cap Rate 6.00%
  • NOI $250,191
  • R. Term/Yrs 1.8
  • Guarantor Corp Traded
  • # Units 1,392
  • Roof guarantee

  • In location for years

  • Dense retail corridor

  • Freeway close

  • Strong tenant synergy

  • Major MSA

  • Long operation history

  • Favorable NN+ lease

  • Corporate Guarantee

  • Publicly traded company

  • ...
  • Tenant Big Lots Stores, Inc.
  • Guarantor Corp Traded
  • #Units 1,392
  • Stock NYSE: BIG
3105 Cockrell Avenue, Fort Worth, TX , 76109
  • Size SF3,153
  • Built/Renov2022
  • Price/SF$985
  • Lease Start12-01-2023
  • Rent/SF$50.75
  • Lease Type Abs NNN
  • Lot/AC0.41
  • Pop 5MI293,980

3,107,000

  • Cap Rate 5.15%
  • NOI $160,000
  • R. Term/Yrs 14.6
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • Trophy location

  • University college close

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Personal guarantee

  • ...
  • Tenant Dave's Hot Chicken
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
West Hefner Road & North Council Road, Oklahoma City, OK , 73162
  • Size SF10,000
  • Built/Renov2024
  • Price/SF$536
  • Lease Start02-01-2024
  • Rent/SF$37.50
  • Lease Type NN+
  • Lot/AC1.21
  • Pop 5MI133,192

5,357,000

  • Cap Rate 7.00%
  • NOI $375,000
  • R. Term/Yrs 14.8
  • Guarantor Corporate
  • # Units 340
  • New construction

  • New roof

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Tenant The Learning Experience
  • Guarantor Corporate
  • #Units 340
  • Stock Private
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 9.7
  • 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 8.3
  • Guarantor Corp R + T
  • # Units 36,000
  • 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 36,000
  • Moody's/S&P Baa1/ BBB+
  • Stock NASDAQ: SBUX
3300 West Highway 44, Alice, TX , 78332
  • Size SF4,322
  • Built/Renov2015
  • Price/SF$555
  • Lease Start10-15-2015
  • Rent/SF$33.32
  • Lease Type Abs NNN
  • Lot/AC1.22
  • Pop 5MI21,867

2,400,000

  • Cap Rate 6.00%
  • NOI $144,000
  • R. Term/Yrs 11.5
  • Guarantor Franchisee
  • # Units 30
  • Near major nationals

  • Highway location

  • Strong tenant synergy

  • Income tax free state

  • Absolute NNN

  • Long 10+ yr lease

  • Personal guarantee

  • 25+ unit franchisee backed

  • ...
  • Tenant IHOP
  • Guarantor Franchisee
  • #Units 30
  • Stock NYSE: DIN
40022 10th Street West, Palmdale, CA , 93551
  • Size SF54,942
  • Built/Renov2017
  • Price/SF$250
  • Lease Start08-28-2017
  • Rent/SF$12.50
  • Lease Type NN+
  • Lot/AC4.09
  • Pop 5MI141,383

13,736,000

  • Cap Rate 5.00%
  • NOI $686,775
  • R. Term/Yrs 8.3
  • Guarantor Corporate
  • # Units 994
  • Signalized intersection

  • Big Box center

  • Strategically located

  • Freeway visibility

  • Freeway close

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Below Market Rent

  • Corporate Guarantee

  • ...
  • Tenant Hobby Lobby
  • Guarantor Corporate
  • #Units 994
  • Stock Private

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