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1000 S Fremont Ave, Alhambr...

Departments For The County Of Los Angeles Leases 117846 Square Feet At 1000 S Fremont Ave
LEASEDOffice

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

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.

Players

Damon Feldmeth

CBRE

Broker

$5.9M

vol

4 deals

Broker
CA
County of Los AngelesTenant

Alhambra Office Market Snapshot

Boundary boundary · Office · 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