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307 S Broadway, Los Angeles...

Yellin Co Leases 56126 Square Feet At 307 S Broadway Los Angeles With Jonathan Larsen As Landlord's Representative
LEASED

Yellin Co Leases 56126 Square Feet At 307 S Broadway Los Angeles With Jonathan Larsen As Landlord's Representative

307 S Broadway, Los Angeles, CA, 90...

Building Size

56,126 SF

Asset Type

Closing

Nov 20, 2023

AI

The property located at 307 S Broadway, Los Angeles, CA encompasses a total area of 56,126 square feet within the Los Angeles market. The leasing transaction involved landlord Yellin Co, represented by Jonathan Larsen from Avison Young.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 307 S Broadway, Los Angeles, CA
  • Market: Los Angeles
  • Landlord: Yellin Co
  • Landlord's Representative: Jonathan Larsen (Avison Young)
  • Square Feet: 56,126

The transaction reflects the collaboration between Yellin Co and their representative Jonathan Larsen. Specific details about the tenant involved in the lease were not provided.

Players

Jonathan Larsen

Avison Young

Broker

$13M

vol

6 deals

Broker

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