LEASEDRetail
Loay Esam Saleem Alzghoul Leases Retail Space At 655 S. Flower St. In Downtown Los Angeles
655 South Flower Street, Los Angeles, California 90017, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Jan 13, 2022
AI
The retail property located at 655 S. Flower St. in Downtown Los Angeles was recently leased. The lease was completed on 01/14/2022.
Summary of transaction details:
- Property Type: Retail
- Address: 655 S. Flower St., Downtown Los Angeles
- Market: Downtown Los Angeles
- Landlord: Ella Bian
- Tenant: Loay Esam Saleem Alzghoul
- Asking Rent: $4.20/ft.
- Square Footage: 1,100
The lease deal was facilitated by Fred Nabati and Morris Peykar from Trimax Realty, Inc. They represented the landlord and tenant, respectively.
Players
Los Angeles Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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