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460 Bryant St San Francisco...

HaydenAI Leases Office Space At 460 Bryant St, San Francisco For 4 Years
LEASEDOffice

HaydenAI Leases Office Space At 460 Bryant St, San Francisco For 4 Years

460 Bryant St San Francisco, CA 94107, USA

$40

$40/SF

Building Size

41,986 SF

Asset Type

Office

Closing

Jul 17, 2023

AI

The property involved in this lease transaction is located at 460 Bryant Street, Ste # 100 & 150 in the San Francisco market. The asset type is an office space with a total square footage of 41,986. The landlord for this lease is Sierra Maestra, while the sublandlord is Scribd, Inc. The subtenant in this transaction is HaydenAI - Chris Carson. The asking rent for the space is $40.00 per square foot.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Date: 07/17/2023
  • Address: 460 Bryant Street, Ste # 100 & 150, San Francisco
  • Sublandlord: Scribd, Inc.
  • Sublandlord's Representative: Mark Mclaughlin - CBRE
  • Subtenant: HaydenAI - Chris Carson
  • Subtenant's Representative: Trevor Gudim - Touchstone Commercial Partners, Inc.
  • Asking Rent: $40.00/ft
  • Lease Term: 4 Years

The sublandlord's representative in this lease transaction is Mark Mclaughlin from CBRE. On the other hand, the subtenant's representative is Trevor Gudim from Touchstone Commercial Partners, Inc.

Players

Trevor Gudim

Touchstone Commercial Partners

Broker

$33.8M

vol

4 deals

Broker

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

396575.00%

Cash-on-Cash

-113342.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93