Updated Oct 28, 2024
Easy Waste Leases Industrial Space In San Fernando Valley For $14/ft
12173 Branford Street, Sun Valley, CA 91352, USA
Building Size
20,000 SF
Asset Type
Industrial
Closing
Jun 30, 2021
About this deal
AI
Located in the San Fernando Valley, this industrial property at 12173 Branford Street was recently leased by Easy Waste. The lease was facilitated by broker Shanna Naim, representing Lawrence Carson, the landlord. The property spans 20,000 square feet.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 12173 Branford Street
- Market: San Fernando Valley
The tenant, Easy Waste, entered into the lease agreement on 06/30/2021. The rent for the property was set at $14 per square foot. Shanna Naim, acting as the broker for Lawrence Carson, facilitated the negotiations between the tenant and landlord.
Players
Sun Valley Industrial Market Snapshot
Boundary boundary · Industrial · 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