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361 East Jefferson Boulevar...

YNL Imports Signs Lease For 10,000 SF Industrial Space In South Central
LEASEDIndustrial

YNL Imports Signs Lease For 10,000 SF Industrial Space In South Central

361 East Jefferson Boulevard, Los Angeles, California 90011, United States

Building Size

10,000 SF

Asset Type

Industrial

Closing

Mar 22, 2022

AI

The industrial property located at 361 E. Jefferson Blvd. in the South Central market has been leased. The lease transaction took place on 03/23/2022. The property, spanning 10,000 square feet, was leased to YNL Imports. The landlord in this deal is Ben Marc. The asking rent for the lease was set at $22.20 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Lease
  • Date: 03/23/2022
  • Address: 361 E. Jefferson Blvd.
  • Market: South Central

The lease deal was facilitated by Shanna Naim from Ensemble Investments, who represented the tenant, YNL Imports. Shanna Naim played a crucial role as the broker in ensuring a successful lease agreement between the landlord, Ben Marc, and the tenant.

Players

Shanna Naim

Skyview Real Estate Partners

Broker

$43.9M

vol

38 deals

Broker
Ensemble Real Estate
Ensemble Real EstateBrokerage
ENS Realty
ENS RealtyBrokerage

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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