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CRTFD Leases Flagship Retail Location In Los Angeles With Haymakers Commercial Real Estate Brokers

Property Image
LEASED
$2
Daniel Zarosim
Scott Schubiner
SY

California

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Retail10,000 SF
Leased 11/10/2022
the dealplayerscompscontact
Property Image
LEASED

CRTFD Leases Flagship Retail Location In Los Angeles With Haymakers Commercial Real Estate Brokers

5253 West Adams Boulevard, Los Angeles, California 90016, United States

See Similar Deals
Retail10,000 SF
Leased 11/10/2022
Daniel Zarosim
Scott Schubiner
SY
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$2
Total Square Footage:10,000 SF
Transaction Type:Lease

Located at 5253 W Adams Blvd in Los Angeles, CA, this retail property has recently been leased. The lease was facilitated by Scott Schubiner from Haymakers Commercial Real Estate, representing the tenant, CRTFD. Daniel Zarosim from Douglas Elliman acted as the landlord's representative in the deal.

Summary of transaction details

  • Property Type: Retail
  • Transaction Date: 11/10/2022
  • Market: Los Angeles, CA
  • Asking Rent: $2/ft.
  • Square Footage: 10,000 SF

This lease is significant as it marks CRTFD's first retail location for their flagship store. CRTFD, a lifestyle brand, is transforming a former playhouse into an experiential retail space with a café, event area, and designated parking. The landlord, Steve Yablok, saw the potential in partnering with CRTFD and was represented by Daniel Zarosim of Douglas Elliman.

Players

Scott Schubiner
Haymakers
Scott Schubiner
3 deals
BROKER
Daniel Zarosim
Douglas Elliman
Daniel Zarosim
2 deals$4M volume(408) 960-3030
BROKER
SY
Steve Yablok
2 deals
LANDLORD
C
CRTFD
TENANT

Details

LEASED
IMAGE: Scott Schubiner & Daniel Zarosim DATE: 11/10/2022 ADDRESS: 5253 W Adams Blvd MARKET: Los Angeles, CA ASSET TYPE: Retail LANDLORD: Steve Yablok TENANT: CRTFD (@Crtfd) LANDLORD'S REP: Daniel Zarosim (@TheDanielZarosim) - Douglas Elliman TENANT'S REP: Scott Schubiner - Haymakers Commercial Real Estate ASKING RENT: $2/ft. ~ SF: 10,000 NOTE FROM BROKER: Haymakers' Scott Schubiner represented CRTFD (@crtfd) in leasing its first retail location for the brand's flagship store. CRTFD is a lifestyle brand converting a former playhouse into experiential retail with a cafe, event space, and dedicated parking. Douglas Elliman's Daniel Zarosim represented the landlord.

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Deal Type
Effective Rent (Annual)

$22,927.76

Total Lease Value

$229,277.59

Net Landlord Cash Flow$22,927.76