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1410 Abbot Kinney Boulevard...

Kreation Juice Leases Retail Space On Abbot Kinney Blvd. In Venice
LEASEDRetail

Kreation Juice Leases Retail Space On Abbot Kinney Blvd. In Venice

1410 Abbot Kinney Boulevard, Venice, California 90291, United States

Building Size

800 SF

Asset Type

Retail

Closing

Jun 29, 2022

AI

The retail property at 1410 Abbot Kinney Blvd. in Venice has been leased. The tenant, Kreation Juice, will be occupying this location, which marks their 25th store in Los Angeles. The property is located on one of the coolest blocks in America, as recognized by GQ Magazine. This lease transaction was facilitated by Brandon Cohan from Brandon Cohan Real Estate.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 06/30/2022
  • Market: Venice
  • Tenant: Kreation Juice
  • Broker: Brandon Cohan - Brandon Cohan Real Estate
  • Asking Rent: $276/ft.
  • Square Footage: 800

For more information about this lease, please contact Brandon Cohan at [email protected] or visit www.bcre.la.

Players

Brandon Cohan

Broker

$10.9M

vol

6 deals

Broker

Los Angeles Retail Market Snapshot

Boundary boundary · Retail · 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