Updated Dec 5, 2024
Positive Investments Inc Leases 4240 Square Feet To McClaugherty & Associates In Monrovia
222 E Huntington Dr, Monrovia, CA, 9...
Building Size
4,240 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property involved in this lease transaction is located at 222 E Huntington Dr, Monrovia, CA, featuring a total square footage of 4,240. This lease is situated in the Monrovia market and has been arranged between the landlord, Positive Investments Inc, and the tenant, McClaugherty & Associates.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 222 E Huntington Dr, Monrovia, CA
- Market: Monrovia
- Landlord's Representative: Andrew Berk (Avison Young)
- Tenant: McClaugherty & Associates
- Landlord: Positive Investments Inc
- Square Feet: 4,240
The deal involved Andrew Berk from Avison Young representing the landlord Positive Investments Inc, while the tenant is McClaugherty & Associates. This arrangement highlights the collaboration between the parties to facilitate the leasing of the specified property in Monrovia.
On the Map
Players
Monrovia 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