Updated Oct 29, 2024
IAF Studio Inc. Leases Industrial Space In North Hollywood
6859 Tujunga Ave, North Hollywood, CA 91605, USA
Building Size
68,480 SF
Asset Type
Industrial
Closing
Jul 23, 2020
About this deal
AI
The industrial property located at 6859 Tujunga Ave in North Hollywood has been leased. The property offers 6,848 square feet of space and was leased for a five-year term.
Summary of transation details
- Property Type: Industrial
- Asking Rent: $18/SF
- Square Footage: 6,848
- Market: North Hollywood
The tenant for this lease is IAF Studio Inc., while the landlord is Emrani & Associates. The lease deal was facilitated by Blas Fernandez from Emrani & Associates.
Traded’s record for 6859 Tujunga Ave, North Hollywood, CA 91605, USA in Los Angeles, California covers a industrial lease from 2020. Published size for 6859 Tujunga Ave, North Hollywood, CA 91605, USA is 68,480 square feet. Blas Fernandez, Keller Williams Realty appear on the lease alongside Keller Williams Realty. This page is the Los Angeles, California file for the 6859 Tujunga Ave, North Hollywood, CA 91605, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else leased near 6859 Tujunga Ave, North Hollywood, CA 91605, USA around 2020. Cite this IAF Studio Inc. Leases Industrial Space In North Hollywood lease when underwriting similar industrial product around Los Angeles, California.
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