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1420 N McKinley Ave, Los An...

Rexford Industrial Realty LP Leases 136685 Square Feet At 1420 N McKinley Ave, Los Angeles
LEASED

Rexford Industrial Realty LP Leases 136685 Square Feet At 1420 N McKinley Ave, Los Angeles

1420 N McKinley Ave, Los Angeles, CA...

Building Size

136,685 SF

Asset Type

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 1420 N McKinley Ave, Los Angeles, CA. It is managed by Rexford Industrial Realty LP and encompasses a total area of 136,685 square feet within the Los Angeles market.

Summary of transaction details:

  • Property Type: LEASE
  • Transaction Amount: Not specified
  • Address: 1420 N McKinley Ave, Los Angeles, CA
  • Market: Los Angeles
  • Landlord: Rexford Industrial Realty LP
  • Square Feet: 136685
  • Landlord's Representatives: Bret Quinlan (CBRE), John Schumacher (CBRE)

The deal was facilitated by brokers Bret Quinlan and John Schumacher, both representing the landlord, Rexford Industrial Realty LP. Their expertise in the market likely played a role in the successful completion of this lease transaction.

Players

John Schumacher

CBRE

Broker

2 deals

Broker
Rexford Industrial
Rexford IndustrialLandlord

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93