Updated Oct 29, 2024
Departments For The County Of Los Angeles Leases 117846 Square Feet At 1000 S Fremont Ave
1000 S Fremont Ave, Alhambra, CA, 9...
Building Size
117,846 SF
Asset Type
Office
Closing
Mar 3, 2021
About this deal
AI
The property involved in this transaction is located at 1000 S Fremont Ave, Alhambra, CA. It consists of a total of 117,846 square feet and is situated within the Alhambra market. The landlord of the property is ELITE International Investment Fund.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not disclosed
- Address: 1000 S Fremont Ave, Alhambra, CA
- Market: Alhambra
- Landlord's Representative: Damon Feldmeth - CBRE
- Tenant: Departments for the County of Los Angeles
- Square Feet: 117846
Key individuals involved in the transaction include Damon Feldmeth, who represents the landlord, and the Departments for the County of Los Angeles, identified as the tenant. The transaction reflects the engagement between these parties for property leasing in the specified area.
On the Map
Office
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Players
Alhambra Office Market Snapshot
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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