KTGY Architecture & Planning Leases 15730 Square Feet From Lionstone Investments In Los Angeles
433 S Spring St, Los Angeles, CA, 90013
Building Size
15,730 SF
Asset Type
Retail
Closing
Apr 14, 2021
AI
The property involved in this transaction is located at 433 S Spring St, Los Angeles, CA, 90013, in the Los Angeles market. It comprises a total of 15,730 square feet. The transaction involves KTGY Architecture & Planning as the tenant and Lionstone Investments as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 433 S Spring St, Los Angeles, CA, 90013
- Square Feet: 15,730
- Market: Los Angeles
- Tenant: KTGY Architecture & Planning
- Landlord: Lionstone Investments
- Tenant's Rep: Gary McArdell-Lee & Associates
- Landlord's Rep: Kelli Snyder-CBRE
In this deal, Gary McArdell-Lee & Associates represented the tenant, KTGY Architecture & Planning, while CBRE's Kelli Snyder represented the landlord, Lionstone Investments, highlighting the roles of these brokerage firms in facilitating the transaction.
Players
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