Updated Oct 29, 2024
Ventura Collision Center Leases Industrial Space On Ventura Blvd In Encino
17514 Ventura Blvd, Encino, CA 91316, USA
Building Size
11,010 SF
Asset Type
Industrial
Closing
Sep 1, 2020
About this deal
AI
The industrial property located at 17514 Ventura Blvd in Encino has been leased. The property offers 1,101 square feet of space and was listed with an asking rent of $5.90 per square foot.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $5.90/ft.
- Square Footage: 1,101
Ventura Collision Center has become the new tenant of the property. The lease agreement was negotiated by Andy Hairabedian and Sophia Kelley from The Agency. The landlord of the property is 17514 Ventura Blvd LLC.
Players
Los Angeles 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