IRVINE, CA — Faris Lee Investments, a leading national retail investment advisory and brokerage firm, has announced the successful completion of two recent high-profile single-tenant net lease (STNL) bank transactions in the Southeast, demonstrating continued strength and deal velocity across growth markets.
Key Transaction Highlights:
Bank of America — Kennesaw, GA
- Price: $5,400,000
- Cap Rate: 5.00%
- Execution: Closed at full price within 30 days of launch.
- Buyer: California-based 1031 exchange investor, matching targeted West Coast capital with prime Southeast assets.
Fifth Third Bank — Pre-Sale NNN Asset
- Execution: Off-market transaction sourced directly through developer pipelines.
- Strategy: Secured rent commencement perfectly aligned with the buyer’s 1031 down-leg closing.
- Timeline & Yield: Expedited 16-day escrow period, securing an aggressive 5.00% Cap Rate and creating a win-win scenario for both developer and buyer.
Strengthening Presence Across the Southeast
These recent transactions build upon Faris Lee Investments’ track record of activity in the Southeast region, where the firm continues to connect private family offices, 1031 exchange buyers, and institutional capital with premium single-tenant and multi-tenant retail opportunities.
Through its proactive sourcing strategy and advisory expertise, Faris Lee continues to deliver value and market liquidity for single-tenant net-leased bank and commercial assets across high-growth markets nationwide.
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.
For more information, visit FarisLee.com