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
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