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20350 SW Birch St, Newport ...

Eden Fertility Management, LLC Leases 19000 Square Feet At 20350 SW Birch St Newport Beach
LEASEDOffice

Eden Fertility Management, LLC Leases 19000 Square Feet At 20350 SW Birch St Newport Beach

20350 SW Birch St, Newport Beach, C...

Building Size

19,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The property involved in this lease transaction is located at 20350 SW Birch St, Newport Beach, California, offering a total of 19,000 square feet. The market for this property is Newport Beach.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Landlord: Newport Heights Ventures, LLC
  • Landlord's Representative: Bryan McKenney - Cypress West Partners
  • Tenant: Eden Fertility Management, LLC

This transaction was facilitated by Bryan McKenney, who represents the landlord, Newport Heights Ventures, LLC, in this lease agreement with tenant Eden Fertility Management, LLC.

Players

Bryan McKenney

Cypress West Partners

Broker

$4.5M

vol

2 deals

Broker

Newport Beach 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