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Sentral Leases Retail Space To Mad Lab Coffee At 755 South Spring Street, Los Angeles

Property Image
LEASED
Dan Fagan
Christine Nebiar
+ 1

California

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Retail1,210 SF
Leased 03/08/2024
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Property Image
LEASED

Sentral Leases Retail Space To Mad Lab Coffee At 755 South Spring Street, Los Angeles

755 South Spring Street

See Similar Deals
Retail1,210 SF
Leased 03/08/2024
Dan Fagan
Christine Nebiar
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:1,210 SF
Transaction Type:Lease

The retail property located at 755 South Spring Street in Los Angeles spans 1,210 square feet and was leased by Sentral to Mad Lab Coffee. The agreement was facilitated by Brand Urban on behalf of Sentral and Urban Lime representing Mad Lab Coffee.

Summary of transaction details:

Sentral DTLA 755 leased the ground-floor space to Mad Lab Coffee, enhancing the local experience focus of Sentral. The new 1,210-square-foot location will serve as Mad Lab's fifth storefront, scheduled to open in the spring.

Players

Christine Nebiar
3 deals
BROKER

Richard Cheng
Urbanlime Real Estate
2 deals$5.3M volume
BROKER

Dan Fagan
Urbanlime Real Estate
2 deals$5.3M volume
BROKER

Details

LEASED
IMAGE: Jon Slavet, Christine Nebiar, Andrew Sinclair, Taryn Brandes, Dan Fagan & Richard Cheng DATE: 03/08/2024 ADDRESS: 755 South Spring Street MARKET: Los Angeles ASSET TYPE: Retail ~ SF: 1,210 LANDLORD: Sentral - Jon Slavet TENANT: Andrew Sinclair (@Andrewsinc) - Mad Lab Coffee (@MadLabCoffee) LANDLORD'S REP: Christine Nebiar (@_Nebiar) & Taryn Brandes (@TpBrandes) - Brand Urban (@BrandUrbanRE) TENANT'S REP: Dan Fagan (@SocalRetailMan) & Richard Cheng (@Richard_CRE) - Urbanlime Real Estate (@Urbanlime_RealEstate) NOTE: Sentral DTLA 755 in Downtown LA leased ground-floor space to Mad Lab Coffee at 755 S. Spring St. The 1,210-square-foot location, opening in spring, marks Mad Lab's fifth storefront and complements Sentral's focus on local experiences. Brand Urban facilitated the lease for Sentral, and Mad Lab was represented by Urban Lime.

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Deal Type
Effective Rent (Annual)

$69,356.47

Total Lease Value

$693,564.70

Net Landlord Cash Flow$69,356.47