Updated Oct 28, 2024
Nightfall Realty Assists Riad LLC In Leasing Retail Space In Hollywood
1510 North Stanley Avenue, Central LA, Los Angeles, CA, USA
Building Size
5,000 SF
Asset Type
Retail
Closing
Oct 17, 2021
About this deal
AI
The retail property located at 1510 N. Stanley Ave. in Hollywood has recently been leased. The lease transaction took place on 10/17/2021. The property, spanning 5,000 square feet, was leased by Riad LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Date: 10/17/2021
- Address: 1510 N. Stanley Ave.
- Market: Hollywood
The landlord of the property is John Makhani, while Nightfall Realty represented Riad LLC as their broker in this lease deal. The asking rent for the retail space was $60 per square foot.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Deal FAQ
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