Lake Elsinore, CA — Faris Lee Investments, a boutique retail advisory firm focus on investment sales through the United States, proudly announces the successful sale of a Pieology and Ono Hawaiian BBQ Property in Lake Elsinore, CA. The property was sold for $2,650,000 reflecting a cap rate of 5.36%.

Jeff Conover, Managing Principals; Scott DeYoung, Senior Managing Director; and Greg Lukosky, Director at Faris Lee Investments, represented the seller in this transaction. The client successfully divested a non-core asset in a buyer’s market, securing a timely sale at a low cap rate.

This property in Lake Elsinore, featuring a 3,530 SF, two-tenant building with Pieology and Ono Hawaiian BBQ. This high-visibility location, backed by long-term triple-net leases and built-in rent increases, ensures stable income and growth potential. Strategically positioned near major retailers and highways, this property promises strong returns and long-term capital appreciation.

About Faris Lee Investments:

Faris Lee Investments is one of the leading retail investments firms in the US and is one of the original firms specializing in retail investment sales throughout the country. Faris Lee combines underwriting and market research that exceeds industry standards with a custom strategy to maximize values for their clients’ .The firm also serves as high level investment advisors in the areas of dispositions, acquisitions & recapitalizations as well as, distressed asset disposition, portfolio sales, and corporate sale-leaseback. For more information, visit www.farislee.com