Updated Sep 9, 2024
Brett Koffman Leases Industrial Space At 234 West Manchester Boulevard, Inglewood
234 W Manchester Blvd Inglewood, CA 90301, USA
$2
$2/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Mar 27, 2023
About this deal
AI
The industrial property located at 234 West Manchester Boulevard in Inglewood has been leased. The property spans approximately 6,000 square feet. The landlord for this transaction is Fred Farivar, while the tenant is Brett Koffman. The lease deal was facilitated by brokers Elijah Suval from Keller Williams and Daniel Hirth from The Hirth Group. The asking rent for the property was $2 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 234 West Manchester Boulevard, Inglewood
- Market: Inglewood
Elijah Suval from Keller Williams and Daniel Hirth from The Hirth Group played critical roles as the representatives for the tenant and landlord, respectively, in this lease deal.
On the Map
$2
$2/SF
Industrial
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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
7931500.00%
Cash-on-Cash
-2266847.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93