Faris Lee Negotiates $9.5 Million Sale of Property Within Restaurant Row in Southern California

by Alex Tostado

Victorville, Calif. — Faris Lee Investments has negotiated the $9.5 million sale of a six-tenant, 11,300-square-foot building within Restaurant Row in Victorville. The property is fully leased to leased to Which Wich, Starbucks, Nekter Juice Bar, Pieology, Ono Hawaiian BBQ and Cafe Rio. The asset, which was built in 2017, is situated at 11604 Amargosa Road, seven miles south of downtown Victorville. Restaurant Row is a mile-long stretch of Amargosa Road that features 19 eateries,  sit-down options and quick-service restaurants. Jeff Conover and Chris DePierro of Faris Lee represented the seller, an undisclosed California-based developer, in the sale. Tutto USA LLC acquired the property via a 1031 exchange.

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