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6400 West Sunset Boulevard

Bathhouse Signs 25-Year Lease For Wellness Facility At 6400 Sunset Boulevard In Los Angeles
LEASEDRetail

Bathhouse Signs 25-Year Lease For Wellness Facility At 6400 Sunset Boulevard In Los Angeles

6400 West Sunset Boulevard

Building Size

55,000 SF

Asset Type

Retail

Closing

Mar 3, 2026

AI

The property asset involved in this lease is a retail space located at 6400 Sunset Boulevard in Los Angeles. The total square footage of the asset is 55,000. The space is set to accommodate Bathhouse, which signed a lease agreement for a period of 25 years, taking over the site previously occupied by Amoeba Records.

Summary of transaction details:

This transaction features key players such as Genghis Hadi representing Nahla Capital, along with Cliff Goldstein, Drew Planting, and Lee Wagman from GPI Companies. The brokers involved are Greg Briest, Houman Mahboubi, and Marisa Renfro from CBRE. The property will undergo retrofitting for spa and retail operations to support the lifestyle-focused redevelopment within the Sunset Boulevard submarket. Bathhouse plans to open its first West Coast flagship wellness location in 2028.

Players

Houman Mahboubi

CBRE

Broker

$408.5M

vol

10 deals

Broker
Genghis Hadi

Genghis Hadi

Nahla Capital

Landlord

$405M

vol

4 deals

Landlord
B
BathhouseTenant

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93