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1520 N Cahuenga BLVD, Los A...

OUTFRONT Media Leases 34000 Square Feet At 1520 N Cahuenga Blvd Los Angeles From Walton Street Capital
LEASEDOffice

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

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.

Players

Caitlyn Ross

JLL

Broker

$4.6M

vol

4 deals

Broker
Walton Street Capital
Walton Street CapitalLender
Walton Street Capital
Walton Street CapitalLandlord

Los Angeles 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