Updated Oct 29, 2024
Tarzana Treatment Centers Leases 36783 Sq Ft At 6018 Variel Ave Woodland Hills From Amoroso Development
6018 Variel Ave, Woodland Hills, CA, 9...
Building Size
36,783 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 6018 Variel Ave, Woodland Hills, CA. It encompasses a total area of 36,783 square feet and is situated in the Woodland Hills market.
Summary of transaction details:
- Property Type: LEASE
- Transaction Amount: Not provided
- Address: 6018 Variel Ave, Woodland Hills, CA
- Square Feet: 36,783
- Landlord: Amoroso Development
- Tenant: Tarzana Treatment Centers
- Landlord's Representative: Jeff Abraham & John DeGrinis - Newmark
The transaction features significant participation from Amoroso Development as the landlord, with Tarzana Treatment Centers serving as the tenant. Jeff Abraham and John DeGrinis from Newmark represented the landlord in this lease transaction.
On the Map
Office
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Players
Woodland Hills 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