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
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