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3534 Hayden Avenue

Pop Mart International Group Leases 22000 Square Feet At 3534 Hayden Avenue Culver City
LEASEDRetail

Pop Mart International Group Leases 22000 Square Feet At 3534 Hayden Avenue Culver City

3534 Hayden Avenue

Building Size

22,000 SF

Asset Type

Retail

Closing

Mar 17, 2026

AI

The lease transaction involves the entire 22,000-square-foot retail space at 3534 Hayden Avenue located in Culver City. This asset is notable for its creative office designation and is situated in a market with ongoing demand despite high vacancy rates.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 3534 Hayden Avenue
  • Market: Culver City
  • Landlord: Michael Hackman - Hackman Capital Partners
  • Tenant: Wang Ning - Pop Mart International Group
  • Brokers: Gabriel Brown - JLL; Cushman & Wakefield

This transaction marks Pop Mart International Group's establishment of its U.S. regional headquarters, reflecting the company's strategic expansion in North America as it scales its retail presence and global brand. The involvement of both JLL and Cushman & Wakefield brokers indicates a collaborative approach to representing the deal.

Players

Gabriel Brown

JLL

Broker

$7.2M

vol

5 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Michael Hackman

Hackman Capital Partners

Landlord

$1.1B

vol

8 deals

Landlord
Wang Ning

Wang Ning

Pop Mart

Tenant

2 deals

Tenant

Culver City 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