Updated Oct 29, 2024
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
About this deal
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.
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Retail
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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