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Venat Co. Leases Industrial Property At 1417 W Pico Blvd In Los Angeles

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LEASED

California

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Industrial6,148 SF
Leased
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LEASED

Venat Co. Leases Industrial Property At 1417 W Pico Blvd In Los Angeles

1417 W Pico Blvd, Los Angeles, CA, USA

See Similar Deals
Industrial6,148 SF
Leased
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Summary

CALIFORNIA
Asset Type:Industrial
Total Square Footage:6148 SF
Transaction Type:Lease

The industrial property located at 1417 W Pico Blvd in Los Angeles, was recently leased by Venat Co. The lease transaction was facilitated by brokers Andy Hairabedian from Andy_Hairabedian and Sophia Kelley from Sophia.Kelley. The lease was executed on December 1, 2020.

Summary of transation details

  • Property Type: Industrial
  • Transaction Date: 12/01/2020
  • Address: 1417 W Pico Blvd
  • Market: Los Angeles
  • Tenant: Venat Co.
  • Landlord: Magnum Properties

The property, with a total area of 6,148 square feet, was leased at an asking rent of $15 per square foot. The lease agreement was brokered by Andy Hairabedian and Sophia Kelley, representing Venat Co. in the deal. Magnum Properties acted as the landlord in this transaction.

Players

Andy Hairabedian
7 deals$24M volume(626) 318-0907
BROKER

Sophia Kelley
The Agency
3 deals$2.2M volume
BROKER

Details

LEASED
IMAGE: Sophia Kelley & Andy Hairabedian DATE: 12/01/2020 ADDRESS: 1417 W Pico Blvd MARKET: Los Angeles ASSET TYPE: Industrial TENANT: Venat Co. LANDLORD: Magnum Properties BROKERS: Andy Hairabedian @Andy_Hairabedian & Sophia Kelley @Sophia.Kelley ASKING RENT: $15/ft. ~ SF: 6,148

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Deal Type
Effective Rent (Annual)

$352,399.65

Total Lease Value

$3,523,996.50

Net Landlord Cash Flow$352,399.65