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4555 West Washington Boulevard

Bricks And Wood Leases Retail Space At 4555 West Washington Blvd In Los Angeles
LEASEDRetail

Bricks And Wood Leases Retail Space At 4555 West Washington Blvd In Los Angeles

4555 West Washington Boulevard

$30

$30/SF

Building Size

1,500 SF

Asset Type

Retail

Closing

Nov 5, 2023

AI

The retail property located at 4555 West Washington Boulevard in Los Angeles has recently been leased. The transaction took place on 11/05/2023. The property spans a total of 1,500 square feet and is owned by Dorothy Payne.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Asking Rent: $30 per square foot
  • Tenant: Kacey Lynch - Bricks and Wood

Kacey Lynch, representing Bricks and Wood, has become the new tenant for this retail property. Jennifer Okhovat and Danny Azad from Compass served as the brokers in this lease agreement.

Players

Jennifer Okhovat

Compass

Broker

$43.6M

vol

14 deals

Broker

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

528766.67%

Cash-on-Cash

-151123.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93