FONTANA, Calif. — Faris Lee Investments announced the successful sale of a 100% leased, five-tenant retail strip center in Fontana, California, for $5,312,000 further reinforcing the firm's leadership in Inland Empire retail investment sales.
The transaction was led by Jeff Conover, Managing Principal, Scott DeYoung, Senior Managing Director, and Greg Lukosky, Director, of Faris Lee Investments.
The 4,872-square-foot retail center features a diverse mix of nationally recognized and regional tenants, including Chipotle, Jersey Mike's, Dragon Grill, and KWIK Charge EV Charging Stations. The property is strategically positioned as a pad building in front of a high-performing WinCo Foods, with neighboring retailers including McDonald's and Dutch Bros, creating a dynamic, high-traffic retail destination.
Faris Lee Investments represented both the seller, a Southern California-based developer, and the buyer, a private Los Angeles County investor.
"The property attracted significant investor interest because it combined all of the characteristics today's buyers are seeking," said Jeff Conover, Managing Principal at Faris Lee Investments. "A premier location within one of the Inland Empire's strongest retail corridors, a fully leased and diversified tenant roster, excellent surrounding demographics, and a low-management investment profile made this an exceptional acquisition."
One of the transaction's most distinctive features was its innovative tenant configuration. Two of the property's five tenants—KWIK Charge EV Charging Stations and Phantom Fireworks—lease parking lot areas rather than occupying traditional building space, demonstrating the continued evolution of retail real estate and the growing demand for alternative revenue-generating uses.
The acquisition underscores continued investor confidence in well-located retail assets throughout the Inland Empire, where strong population growth, expanding consumer demand, and limited new retail development continue to support long-term investment fundamentals.
For more than three decades, Faris Lee Investments has been one of Southern California's leading retail investment brokerage firms, specializing in the sale of both multi-tenant and single-tenant retail properties. The firm continues to deliver exceptional results for private investors, developers, institutions, and family offices throughout the Inland Empire and across the Western United States.
For additional information regarding this transaction or other retail investment opportunities, please contact the Faris Lee Investments team.
About Faris Lee Investments
Faris Lee is a leading national retail investment brokerage firm with 30 years of experience in maximizing value for retail property owners. Guided by core principles of integrity, high level of real estate knowledge, and accountability, the firm is dedicated to delivering exceptional results while maintaining a strong commitment to ethical practices, collaboration, and in-depth real estate knowledge.
Faris Lee’s process begins with a deep understanding of each property, followed by the application of market analytics using real-time financial, real estate, and retail data to inform strategic decisions.
By combining cutting-edge research, precise marketing strategies, and a collaborative team approach, Faris Lee maximizes sale proceeds, ensuring clients achieve exceptional results well above the competition. Their team of seasoned professionals brings extensive real estate expertise and a client-focused mindset, ensuring long-term success through creative solutions and unwavering focus for the client.