The Parking Authority Of The City Of Beverly Hills Leases Retail Space At 463 North Bedford Drive
463 North Bedford Drive
$78
$78/SF
Building Size
16,541 SF
Asset Type
Retail
Closing
Mar 4, 2026
AI
This retail asset, located at 463 North Bedford Drive in Beverly Hills, has an asking rent of $78 per square foot and a total square footage of 16,541. The property operates under a NNN Lease and is under the management of The Parking Authority of the City of Beverly Hills.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $78/ft
- Address: 463 North Bedford Drive
- Market: Beverly Hills
- Lease Type: NNN Lease
- Landlord: The Parking Authority of the City of Beverly Hills
- Brokers: Neal Golub & Ryan Gurman - CBRE
Neal Golub and Ryan Gurman from CBRE represent the landlord in this lease transaction, facilitating the agreement between the involved parties and ensuring the terms of the lease are established effectively.
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
203371.79%
Cash-on-Cash
-58124.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93