The Nook Breakfast Spot Leases Retail Space At 8311-13 Lincoln Blvd, Los Angeles, CA
8311 Lincoln Blvd, Los Angeles, California 90045, United States
Building Size
3,035 SF
Asset Type
Retail
Closing
Sep 28, 2022
AI
The Nook Breakfast Spot has signed a lease for a retail space located at 8311-13 Lincoln Blvd in Los Angeles, CA. The property, owned by T.C. Real Estate, has an asking rent of $4 per square foot and a total area of 3,035 square feet. The lease transaction was finalized on September 29, 2022.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $4/ft.
- Total Square Footage: 3,035
- Date: 09/29/2022
- Address: 8311-13 Lincoln Blvd, Los Angeles, CA
- Market: Los Angeles, CA
The Nook Breakfast Spot was represented by Allen Kirschbaum from Saddleback Realty & Mortgage. On the other hand, Justin Seigel and Doug Rickard from ADR Preferred Business Properties acted as the landlord's representatives for T.C. Real Estate.
Players
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