Faris Lee Investments Arranged the $3.995 Million Sale of a Starbucks Drive-Thru Two-Tenant Center, in Vista, CA

Vista, CA - January 27, 2022 - Faris Lee Investments has arranged the $3.995 million sale of a Starbucks drive-thru two-tenant center, in Vista, CA. Faris Lee Investments sourced an all-cash buyer from Del Mar who understood and valued the underlying real estate.

The property presented an unique triple net leased, 100% occupied opportunity with a strong national and regional tenant line up located at on the drive-to-work side of Emerald Dr. as commuters transition to highway 78. It offered a low management and stable cash flowing investment with long-term stability.

After generating multiple offers, the transaction closed all cash at $1,000 per square foot or 4.85% Cap.

About Faris Lee Investments
Faris Lee Investments is a retail brokerage advisory firm founded in 1996 and is based in Irvine, California. The firm specializes in commercial real estate investment sales, brokerage, and advisory services. In addition, the firm provides a national marketing platform of properties for sale, asset appraisal, property valuation, debt structuring, negotiation, market research and analysis services. Faris Lee combines underwriting and research that exceeds industry standard with a marketing strategy to transform investment potential, enhance value and provide their clients the competitive advantage needed when making investment decisions. The firm also serves as institutional advisors in the areas of acquisitions and dispositions, merchant banking, distressed asset disposition, private equity, and corporate sale leaseback.

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