Jon & Vinny's Italian Leases Retail Space On N. Bedford Drive In Beverly Hills
456 North Bedford Drive, Beverly Hills, California 90210, United States
Building Size
2,500 SF
Asset Type
Retail
Closing
Dec 31, 2021
AI
The retail property located at 456 N. Bedford Drive in Beverly Hills has recently been leased. The transaction took place on 01/01/2022.
Summary of transaction details:
- Property Type: Retail
- Address: 456 N. Bedford Drive, Beverly Hills
- Market: Beverly Hills
The landlord of the property is Adam Nathan. The tenant who has leased the space is Jon & Vinny’s Italian. The lease agreement was facilitated by broker Steve Anavim from CONROY COMMERCIAL.
The property was listed with an asking rent of $10 per square foot, with a total square footage of 2,500.
Players
Beverly Hills 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