Faris Lee Arranges $15 Million Sale of CVS/pharmacy-Anchored Center in Southern California

A freestanding CVS/pharmacy anchors CVS Beach Garfield Center, a 31,140-square-foot retail property in Huntington Beach, California. A freestanding CVS/pharmacy anchors CVS Beach Garfield Center, a 31,140-square-foot retail property in Huntington Beach, California.

Huntington Beach, Calif. — Faris Lee Investments has arranged the $15 million sale of CVS Beach Garfield Center, a 31,140-square-foot retail property anchored by a freestanding CVS/pharmacy in Huntington Beach.

Shaun Riley of Faris Lee arranged the transaction on behalf of the buyer, 209 N. Brand Blvd. LP. Triwell Properties represented the seller, Sampont Properties LLC. In addition to CVS/pharmacy, the center is home to tenants including Starbucks Coffee, O’Reilly Auto Parts, Verizon Wireless and Bank of America. The property was fully leased at the time of sale. 

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