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8497 West Sunset Boulevard

Updated Apr 8, 2025

Round 1 Delicious Signs Lease For 19300 SF Asian Dining Concept At 8497 West Sunset Boulevard
LEASEDMixed-use

Round 1 Delicious Signs Lease For 19300 SF Asian Dining Concept At 8497 West Sunset Boulevard

8497 West Sunset Boulevard

Building Size

19,300 SF

Asset Type

Mixed-use

Closing

Apr 7, 2025

About this deal

AI

The property located at 8497 West Sunset Boulevard in West Hollywood is a mixed-use asset with a total square footage of 19,300. United El Segundo serves as the landlord for this location.

Summary of transaction details:

Round 1 Delicious has signed a lease for the property to launch Sora, an upscale Asian dining concept that will feature eight restaurants across two floors. The agreement was facilitated by broker representatives from CBRE for the tenant and City Street Commercial for the landlord, with the restaurant scheduled to open later this year.

On the Map

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Mixed-use

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Players

Aram Pogosian

Industry Partners

Broker

$5.8M

vol

3 deals

Broker
JLL
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West Hollywood Mixed-use Market Snapshot

Boundary boundary · Mixed-use · 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

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