facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Industrial

/

Lease

/

1820 South Grand Avenue

Liberty Behavioral And Community Services Leases 29,650 SF Industrial Space From Crystal Promotions In Los Angeles
LEASEDIndustrial

Liberty Behavioral And Community Services Leases 29,650 SF Industrial Space From Crystal Promotions In Los Angeles

1820 South Grand Avenue

$1

$1/SF

Building Size

29,650 SF

Asset Type

Industrial

Closing

Jan 1, 2025

AI

The industrial property located at 1820 South Grand Avenue in Los Angeles encompasses a total square footage of 29,650. The asking rent for this space is set at $1.55 per square foot under a modified gross lease arrangement.

Summary of transaction details:

Key representatives involved in this leasing agreement include Justin Weiss and Lee Shapiro, who represent the landlord, Crystal Promotions, Inc. Meanwhile, Laura Milshteyn is the representative for the tenant, Liberty Behavioral and Community Services, facilitating discussions and agreements for this lease transaction.

Players

Laura Milshteyn

Douglas Elliman

Broker

$16.1M

vol

7 deals

Broker
Kennedy Wilson
Kennedy WilsonLender

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

15863000.00%

Cash-on-Cash

-4533694.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93