ATLANTA, GA – Faris Lee Investments, a premier national retail investment advisory firm, is pleased to announce the successful closing of a two-property, build-to-suit 7 Brew Drive-Thru Coffee portfolio located in the booming Atlanta metropolitan area. Led by Directors Hunter Steffien and Tyler Strauss, the advisory team successfully structured and executed the sales of brand-new, absolute NNN single-tenant locations in Lawrenceville and Lilburn, Georgia. Both properties closed at highly competitive 6.50% capitalization rates, establishing an impressive pricing benchmark for high-growth drive-thru QSR assets across the region.
The transaction highlighted Faris Lee's ability to maximize asset value through tailored, dual-track marketing strategies. By positioning the locations individually to target specific capital requirements, Steffien and Strauss identified and secured two separate, highly motivated 1031 exchange buyers. This split-buyer execution strategy allowed Faris Lee to optimize competitive tension, capturing premium pricing for each site while catering to the strict 1031 timeline and tax-deferral parameters of separate private investors.
Both assets feature long-term 15-year absolute NNN ground leases backed by 7 Brew's rapidly expanding drive-thru coffee concept. Situated along prime retail corridors within dominant Atlanta submarkets—1073 Scenic Hwy S in Lawrenceville and 4101 Highway 29 NW in Lilburn—the properties offer passive, long-term security with zero landlord responsibilities and built-in rental growth. The double closing underscores Faris Lee's extensive national reach and expertise in matching high-net-worth 1031 exchange capital with premier, newly constructed retail assets in top-tier Southeastern growth markets.
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.