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Onpoint Testing Incorporated Leases Retail Space At 1119 S. Hope St. In Los Angeles

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LEASED

California

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Retail1,500 SF
Leased 01/22/2022
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LEASED

Onpoint Testing Incorporated Leases Retail Space At 1119 S. Hope St. In Los Angeles

1119 South Hope Street, Los Angeles, California 90015, United States

See Similar Deals
Retail1,500 SF
Leased 01/22/2022
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Total Square Footage:1,500 SF
Transaction Type:Lease

The retail property at 1119 S. Hope St. in Los Angeles has been leased. The transaction was completed on 12/20/2021. Onpoint Testing Incorporated has become the tenant of the retail space, which spans approximately 1,500 square feet. The landlord in the deal is Jay Pey. The lease was facilitated by Fred Nabati and Morris Peykar of Trimax Realty, Inc. The asking rent for the property was $4.34 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 1119 S. Hope St., Los Angeles
  • Tenant: Onpoint Testing Incorporated
  • Landlord: Jay Pey
  • Brokers: Fred Nabati & Morris Peykar - Trimax Realty, Inc.
  • Asking Rent: $4.34/ft.
  • Square Footage: 1,500
  • Market: Los Angeles

Players

Fred Nabati
61 deals$108.8M volume(424) 704-3373
BROKER

Morris Peykar
Trimax Realty & Loan
6 deals$8.7M volume
BROKER

Details

LEASED
IMAGE: Fred Nabati & Morris Peykar DATE: 12/20/2021 ADDRESS: 1119 S. Hope St. MARKET: Los Angeles ASSET TYPE: Retail LANDLORD: Jay Pey TENANT: Onpoint Testing Incorporated BROKERS: Fred Nabati (@FredNabati) & Morris Peykar (@MorrisPeykar) - Trimax Realty, Inc. (@TrimaxLA) (@TrimaxRealtyLA) ASKING RENT: $4.34/ft. ~ SF: 1,500

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Deal Type
Effective Rent (Annual)

$85,979.09

Total Lease Value

$859,790.95

Net Landlord Cash Flow$85,979.09