Updated Oct 28, 2024
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
About this deal
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.
On the Map
Industrial
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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