Ben Mand Of Yerba Madre Signs Long-Term Lease For 9500 SF Office In Downtown Los Angeles
811 West 7th Street
Building Size
9,500 SF
Asset Type
Office
Closing
Jan 30, 2026
AI
The property asset involved in this lease transaction is a full-floor office space located at 811 West 7th Street, in the Los Angeles market. This historic office property, known as the Fine Arts Building, measures 9,500 square feet and was built in 1926. It is designated as a Historic-Cultural Monument.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Lease Term: long-term
- Tenant: Ben Mand - Yerba Madre
- Broker: Gibran Begum - NAI Capital
- Address: 811 West 7th Street, Los Angeles
- Size: 9,500 SF
- Market: Los Angeles
Gibran Begum of NAI Capital represented the landlord in this deal, facilitating the long-term lease for Yerba Madre (Guayakí) in Downtown Los Angeles.
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