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29903 Agoura Rd, N/A, CA, 9...

Nuance Communications Leases 34256 Square Feet At 29903 Agoura Rd From Realty Bancorp Equities
LEASED

Nuance Communications Leases 34256 Square Feet At 29903 Agoura Rd From Realty Bancorp Equities

29903 Agoura Rd, N/A, CA, 91301

Building Size

34,256 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 29903 Agoura Rd, Agoura Hills, CA, 91301. It comprises a total area of 34,256 square feet. The landlord for this lease is Realty Bancorp Equities.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: Nuance Communications
  • Tenant's Representative: Josef Farrar, Newmark Knight Frank
  • Landlord: Realty Bancorp Equities
  • Market: Agoura Hills

This transaction features key individuals representing both parties in the deal. Josef Farrar from Newmark Knight Frank acted as the representative for the tenant, Nuance Communications, while Realty Bancorp Equities served as the landlord in this agreement.

Players

Josef Farrar

Newmark

Broker

2 deals

Broker
Realty Bancorp Equities
Realty Bancorp EquitiesLandlord

Agoura Hills 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