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2455 Vineyard Avenue, Los A...

Chandresh Rav Signs Lease For Special Purpose Property In Inland Empire
LEASED

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

Arian Zerehi

Maher Commercial Realty

Broker

$79.5M

vol

11 deals

Broker
BRC Advisors
BRC AdvisorsBrokerage

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