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Broker

Hunter Steffien

Faris Lee Investments
Director
  • 15Active Listing
  • 0Under Contract
  • 3Sold Transactions

As a Director at Faris Lee Investments, Hunter Steffien specializes in the acquisition and disposition of net leased investments with a specific focus Single Tenant Assets. Mr. Steffien hit the ground running with Faris Lee Investments by quickly becoming a top performer in the company and earning an astounding reputation amongst his clients who consist of private-office owners, developers, REITS, franchisees & corporate restaurant chains. Mr. Steffien’s early and continued success is based almost exclusively on positive referrals. He has earned the trust of his clients by working tirelessly on their behalf and his close attention to detail. Prior to joining Faris Lee, Mr. Steffien handled the franchise development for the QSR chain, Del Taco. During his tenure at Del Taco, he gained a profound understanding of what it takes for a business to be successful including the fundamentals of the real estate, the strength of the operator and the recognition of the brand. Mr. Steffien heavily contributed to Del Taco’s expansive new unit growth by signing franchisees to the brand in such states as MI, CA, OR, TX, TN, SC, FL, GA, NJ & PA and guiding them through the critical site selection process tailoring the site criteria to their specific markets. He also played a role in Del Taco’s acquisition and disposition of real estate assets including a portfolio sale of 22 corporate stores that sold for approximately $30.0 Million.

CA 02036521
18301 Von Karman Avenue Suite 800 Irvine, CA 92612

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238 Peachtree Street, Murphy, NC , 28906
  • Size SF2,065
  • Built/Renov1995/2023
  • Price/SF$1,259
  • Lease Start05-01-2024
  • Rent/SF$75.54
  • Lease Type Abs NNN
  • Lot/AC0.66
  • Pop 5MI10,917

2,600,000

  • Cap Rate 6.00%
  • NOI $156,000
  • R. Term/Yrs 15.4
  • Guarantor Corporate
  • # Units 173
  • Recent renovation

  • Build to suit

  • Major thoroughfare

  • Near major nationals

  • Strategically located

  • Highway close

  • Long 15+ yr lease

  • Strong sales history

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Strickland Brothers
  • Guarantor Corporate
  • #Units 173
  • Stock Private
2811 N Broadway St, Pittsburg, KS , 66762
  • Size SF550
  • Built/Renov2023
  • Price/SF$3,325
  • Lease Start05-01-2024
  • Rent/SF$214.55
  • Lease Type Abs NNN
  • Lot/AC1.25
  • Pop 5MI36,846

1,829,000

  • Cap Rate 6.45%
  • NOI $118,000
  • R. Term/Yrs 15.4
  • 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
1230 North Main Street, Miami, OK , 74354
  • Size SF550
  • Built/Renov2023
  • Price/SF$2,995
  • Lease Start05-01-2024
  • Rent/SF$193.09
  • Lease Type Abs NNN
  • Lot/AC0.42
  • Pop 5MI17,494

1,647,000

  • Cap Rate 6.45%
  • NOI $106,200
  • R. Term/Yrs 15.4
  • 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 16.0
  • 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$3,327
  • Lease Start12-01-2023
  • Rent/SF$214.55
  • Lease Type Abs NNN
  • Lot/AC0.93
  • Pop 5MI18,273

1,830,000

  • Cap Rate 6.45%
  • NOI $118,000
  • R. Term/Yrs 14.11
  • 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
8858 Kingston Pike, Knoxville, TN , 37923
  • Size SF4,224
  • Built/Renov1992/2023
  • Price/SF$445
  • Lease Start05-01-2023
  • Rent/SF$30.07
  • Lease Type Abs NNN
  • Lot/AC0.59
  • Pop 5MI140,634

1,881,000

  • Cap Rate 6.75%
  • NOI $127,000
  • R. Term/Yrs 19.4
  • Guarantor Corporate
  • # Units 20
  • Recent renovation

  • Build to suit

  • Dense retail corridor

  • Highway location

  • Top 100 MSA

  • Strong demographics

  • Brand new lease

  • Long 15+ yr lease

  • Accelerated depreciation

  • Corporate Guarantee

  • ...
  • Tenant Service Street Auto Repair
  • Guarantor Corporate
  • #Units 20
  • Stock Private
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 14.11
  • 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
4908 South Cooper Street, Arlington, TX , 76017
  • Size SF3,072
  • Built/Renov2022
  • Price/SF$1,042
  • Lease Start11-01-2023
  • Rent/SF$54.69
  • Lease Type Abs NNN
  • Lot/AC0.59
  • Pop 5MI326,314

3,200,000

  • Cap Rate 5.25%
  • NOI $168,000
  • R. Term/Yrs 14.10
  • Guarantor Franchisee
  • # Units 1
  • New construction

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense retail corridor

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Personal guarantee

  • ...
  • Tenant Dave's Hot Chicken
  • Guarantor Franchisee
  • #Units 1
  • Stock Private
5373 Lower Fayetteville Road, Sharpsburg, GA , 30277
  • Size SF7,300
  • Built/Renov2023
  • Price/SF$679
  • Lease Start10-01-2023
  • Rent/SF$39.04
  • Lease Type Abs NNN
  • Lot/AC1.77
  • Pop 5MI65,257

4,957,000

  • Cap Rate 5.75%
  • NOI $285,000
  • R. Term/Yrs 11.9
  • Guarantor Corporate
  • # Units 103
  • New construction

  • Signalized intersection

  • Shopping Ctr out-parcel

  • Highway location

  • Top 100 MSA

  • Affluent suburb location

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Corporate Guarantee

  • ...
  • Tenant Miller's Ale House
  • Guarantor Corporate
  • #Units 103
  • Stock Private
West Hefner Road & North Council Road, Oklahoma City, OK , 73162
  • Size SF10,000
  • Built/Renov2024
  • Price/SF$548
  • Lease Start02-01-2024
  • Rent/SF$37.50
  • Lease Type NN+
  • Lot/AC1.21
  • Pop 5MI133,192

5,475,000

  • Cap Rate 6.85%
  • NOI $375,000
  • R. Term/Yrs 15.1
  • 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
2900 South 4-J Road, Gillette, WY , 82718
  • Size SF2,350
  • Built/Renov2023
  • Price/SF$1,030
  • Lease Start09-15-2023
  • Rent/SF$54.07
  • Lease Type NN+
  • Lot/AC0.69
  • Pop 5MI34,663

2,420,000

  • Cap Rate 5.25%
  • NOI $127,067
  • R. Term/Yrs 9.9
  • Guarantor Corp R + T
  • # Units 36,000
  • New construction

  • New roof

  • Strategically located

  • Freeway close

  • Affluent suburb location

  • Income tax free state

  • Brand new lease

  • Favorable NN+ 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
10501 Preston Hwy, Louisville, KY , 40229
  • Size SF4,996
  • Built/Renov2023
  • Price/SF$747
  • Lease Start09-30-2023
  • Rent/SF$28.02
  • Lease Type Abs NNN
  • Lot/AC1.81
  • Pop 5MI111,672

3,733,000

  • Cap Rate 3.75%
  • NOI $140,000
  • R. Term/Yrs 19.9
  • Guarantor Corporate
  • # Units 2,806
  • New construction

  • New prototype

  • High traffic 50M+ VPD

  • Major thoroughfare

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Chick-fil-A
  • Guarantor Corporate
  • #Units 2,806
  • Stock Private
1121 Coral Street, Kemmerer, WY , 83101
  • Size SF997
  • Built/Renov1977
  • Price/SF$194
  • Lease Start07-01-2019
  • Rent/SF$13.54
  • Lease Type Abs NNN
  • Lot/AC0.12
  • Pop 5MI3,381

193,000

  • Cap Rate 6.99%
  • NOI $13,500
  • R. Term/Yrs 0.6
  • Guarantor Franchisee
  • # Units 300
  • Hard corner intersection

  • Strategically located

  • Freeway close

  • Income tax free state

  • Low rent to sales ratio

  • Absolute NNN

  • Limited competition

  • Personal guarantee

  • Top franchise operator

  • ...
  • Tenant TacoTime
  • Guarantor Franchisee
  • #Units 300
  • Stock Private
7601 Maynardville Pike, Knoxville, TN , 37938
  • Size SF6,100
  • Built/Renov2008/2022
  • Price/SF$248
  • Lease Start04-01-2022
  • Rent/SF$16.72
  • Lease Type Abs NNN
  • Lot/AC0.70
  • Pop 5MI70,310

1,511,000

  • Cap Rate 6.75%
  • NOI $102,000
  • R. Term/Yrs 18.3
  • Guarantor Corporate
  • # Units 20
  • Recent renovation

  • Hard corner intersection

  • Major thoroughfare

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Income tax free state

  • Long 15+ yr lease

  • Absolute NNN

  • Corporate Guarantee

  • ...
  • Tenant Service Street Auto Repair
  • Guarantor Corporate
  • #Units 20
  • Stock Private
3300 West Highway 44, Alice, TX , 78332
  • Size SF4,322
  • Built/Renov2015
  • Price/SF$635
  • Lease Start10-15-2015
  • Rent/SF$44.42
  • Lease Type Abs NNN
  • Lot/AC1.22
  • Pop 5MI21,867

2,743,000

  • Cap Rate 7.00%
  • NOI $192,000
  • R. Term/Yrs 11.10
  • 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

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