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
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