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
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