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Broker

Tyler Strauss

Faris Lee Investments
Director
  • 10Active Listing
  • 0Under Contract
  • 3Sold Transactions

As an Associate at Faris Lee Investments, Mr. Strauss specializes in the acquisition and disposition of single-tenant net leased investments, national portfolios and sale/leasebacks nationwide. Furthermore, Tyler specializes in creative solutions including but not limited to lease structure, development advisory, break-ups, and pre-sale strategies. In addition, his clients benefit from his financial counsel and ability to produce customized marketing programs to maximize the best outcome. Mr. Strauss comes from a lineage of Southern California real estate entrepreneurs, spanning across the architecture, development, and property management sectors. Prior to joining Faris Lee, Tyler spent two years as a member of CBRE’s Capital Markets Business Intelligence team. A unique opportunity, as Mr. Strauss collaborated with and reported directly to the vertical leaders of CBRE. His experience providing intelligence specific to investment sales, global capital movement, financial and competitive analysis has given him a deep understanding of the commercial real estate industry and its players. Wearing a number of hats, Mr. Strauss served as the lead analyst for the National Retail Partners and has a phenomenal grasp on how retail continues to shape real estate across the country. During his tenure, he was also responsible for auditing $119B worth of sales transactions.

CA 02059923
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
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
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
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
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
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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