Faris Lee Investments Completes $7.1 Million Sale of 24 Hour Fitness Occupied Retail Property in Lee’s Summit, MO

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Irvine, CA – June 27, 2011 – (RealEstateRama) — Faris Lee Investments, the nation’s largest retail investment advisory firm, has completed the $7.1 million sale of a NNN leased, single-tenant, 35,600-square-foot property occupied by 24 Hour Fitness located at 900 NE Deerbrook St. in Lee’s Summit, MO. Built in 2007 and situated on 3.53 acres, the property is just off highway 291 and is within a busy retail area that includes Wal-Mart Supercenter, Office Max, Sears and many other national retailers and dining.

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