facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Lease

/

801 West 7th Street

Taco Bell Cantina Leases Prime Retail Space In Los Angeles From Edella Habian
LEASEDRetail

Taco Bell Cantina Leases Prime Retail Space In Los Angeles From Edella Habian

801 West 7th Street

$7

$7/SF

Building Size

2,200 SF

Asset Type

Retail

Closing

Nov 28, 2023

AI

The prime corner space located at 801 West 7th Street in Los Angeles has been leased to Taco Bell Cantina. Previously occupied by The Coffee Bean & Tea Leaf, this retail space offers high visibility and attracts significant foot and car traffic. The lease transaction was facilitated by Trimax Realty & Loan, who represented the ownership throughout the leasing process.

Summary of transaction details

  • Property Type: Retail
  • Asking Rent: $7/ft.
  • Square Footage: 2,200
  • Address: 801 West 7th Street, Los Angeles
  • Market: Los Angeles

Trimax Realty & Loan successfully secured Taco Bell Cantina as the new tenant for this coveted location after presenting multiple Letters of Intent (LOI) for the owner's consideration. The addition of Taco Bell Cantina is expected to bring vibrancy and increased customer engagement to the area. For property owners in need of leasing assistance, Trimax Realty & Loan offers expert guidance and support, from identifying potential tenants to negotiating terms and finalizing agreements. Contact Trimax Realty & Loan today to explore leasing possibilities and maximize the potential of your valuable property.

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker

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

2266142.86%

Cash-on-Cash

-647670.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93