Updated Dec 5, 2024
OUTFRONT Media Leases 34000 Square Feet At 1520 N Cahuenga Blvd Los Angeles From Walton Street Capital
1520 N Cahuenga BLVD, Los Angeles...
Building Size
34,000 SF
Asset Type
Office
Closing
Jul 20, 2022
About this deal
AI
The property involved in this transaction is located at 1520 N Cahuenga Blvd, Los Angeles. It comprises 34,000 square feet and is situated in the Los Angeles market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1520 N Cahuenga Blvd, Los Angeles
- Landlord: Walton Street Capital
- Tenant: OUTFRONT Media
- Landlord's Representatives: Caitlyn Ross, Carl Muhlstein - JLL
Caitlyn Ross and Carl Muhlstein from JLL represent the landlord, Walton Street Capital, in this leasing transaction. The tenant involved is OUTFRONT Media.
On the Map
Office
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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