Updated Oct 29, 2024
DND Apparel Leases Industrial Space At 366 East Jefferson Blvd, Los Angeles
366 East Jefferson Blvd
$195
$195/SF
Building Size
22,000 SF
Asset Type
Industrial
Closing
Feb 23, 2023
About this deal
AI
The industrial property located at 366 East Jefferson Blvd in Los Angeles has been leased. The property spans 22,000 square feet and was leased by DND Apparel. The landlord of the property is Marc Benjamin. The lease transaction was facilitated by Shanna Naim and Nico Atherton of ENS Realty.
Summary of transaction details
- Property Type: Industrial
- Tenant: DND Apparel
- Landlord: Marc Benjamin
- Broker: Shanna Naim & Nico Atherton - ENS Realty
- Asking Rent: $23.40/ft
Shanna Naim and Nico Atherton from ENS Realty represented the landlord, Marc Benjamin, in the lease deal with DND Apparel. The lease was successfully negotiated, and the rental rate agreed upon was $23.40 per square foot.
Players
Market 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
81348.72%
Cash-on-Cash
-23249.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93