Faris Lee Investments Completes Three Single-Tenant NNN Leased Retail Property Sales

Irvine, CA – October 11, 2011 – (RealEstateRama) — Faris Lee Investments, the nation’s largest retail-specialized investment advisory firm, has recently closed several single-tenant NNN leased property sales totaling more than $6.5 million including a property occupied by Del Taco in McKinney, TX, a property occupied by Carl’s Jr. in Newhall, Calif., and a property occupied by Wells Fargo in Stallings, NC. With this recent deal activity, the firm has completed a total of 20 single-tenant, NNN leased retail property transactions this year valued in excess of $50 million, proving that the single-tenant property category continues to be in demand by investors.