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2942 Century Pl, Costa Mesa...

Updated Oct 29, 2024

BizHaus Leases 13121 Square Feet At 2942 Century Pl Costa Mesa With SCM Enterprises As Landlord
LEASED

BizHaus Leases 13121 Square Feet At 2942 Century Pl Costa Mesa With SCM Enterprises As Landlord

2942 Century Pl, Costa Mesa, CA, 926...

Building Size

13,121 SF

Asset Type

—

Closing

Nov 20, 2023

About this deal

AI

The property involved in this transaction is located at 2942 Century Pl, Costa Mesa, CA, with a total square footage of 13,121. This asset falls within the Costa Mesa market and is associated with the landlord SCM Enterprises.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 2942 Century Pl, Costa Mesa, CA, 926...
  • Market: Costa Mesa
  • Landlord: SCM Enterprises
  • Landlord's Representative: Matt Christensen (JLL)
  • Tenant: BizHaus
  • Square Feet: 13,121

The deal involves key representatives, specifically Matt Christensen from JLL, who represents the landlord SCM Enterprises in this lease transaction with the tenant BizHaus. This arrangement highlights the collaboration between the parties involved in the property leasing process.

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Players

Matt Christensen

JLL

Broker

2 deals

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Costa Mesa 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

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