Merz B. Schwanen Leases Retail Space On Abbot Kinney Boulevard With Tenant's Reps Shanna Naim & Nico Atherton
1638 Abbot Kinney Boulevard
$200
$200/SF
Building Size
12,400 SF
Asset Type
Retail
Closing
May 10, 2026
AI
The property involved in this transaction is a retail asset located at 1638 Abbot Kinney Boulevard in Venice. The total square footage of the property is 12,400. This lease is categorized as a NNN Lease, indicating that the tenant is responsible for all property expenses, including taxes, insurance, and maintenance.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 1638 Abbot Kinney Boulevard
- Market: Venice
- Landlord: Comrad Markard
- Tenant: Merz B. Schwanen
- Tenant's Representative: Shanna Naim & Nico Atherton - Skyview Real Estate Partners
Nico Atherton and Shanna Naim of Skyview Real Estate Partners represented the tenant in securing their first Los Angeles flagship location on Abbot Kinney Boulevard. For tenant and landlord representation needs, contact [email protected] or [email protected].
Players
Venice 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
79315.00%
Cash-on-Cash
-22668.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93