Chandresh Rav Signs Lease For Special Purpose Property In Inland Empire
2455 Vineyard Avenue, Los Angeles, California 90016, United States
Building Size
18,900 SF
Asset Type
—
Closing
Jun 15, 2022
AI
Located at 2455 S. Vineyard Ave., this special purpose property in Inland Empire recently underwent a lease transaction. The property spans approximately 18,900 square feet. The lease was signed on June 16, 2022, and the image provided by Arian Zerehi showcases the property's distinctive features. The asking rent for this space was $11 per square foot.
Summary of transaction details
- Property Type: Special Purpose
- Transaction Date: 06/16/2022
- Address: 2455 S. Vineyard Ave.
- Market: Inland Empire
- Image: Arian Zerehi
The landlord for this lease is David Chun and Daniel Chun. The tenant, Chandresh Rav, secured this space for their business needs. The lease transaction was facilitated by Arian Zerehi from BRC Advisors, acting as the broker. The process involved negotiations and finalizing the lease terms.
Players
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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