The Nook Breakfast Spot Leases Retail Space On Lincoln Blvd In Los Angeles
8311 Lincoln Blvd, Los Angeles, CA 90045, USA
$4
$4/SF
Building Size
3,035 SF
Asset Type
Retail
Closing
Sep 29, 2022
AI
The retail property located at 8311-13 Lincoln Blvd in Los Angeles, CA has recently been leased. The property spans a total of 3,035 square feet.
Summary of transaction details
- Property Type: Retail
- Asking Rent: $4/ft.
- Square Footage: 3,035
- Address: 8311-13 Lincoln Blvd, Los Angeles, CA
The landlord for this lease is T.C. Real Estate, while the tenant is The Nook Breakfast Spot. Representing the landlord in this deal are Justin Seigel and Doug Rickard from ADR Preferred Business Properties. Allen Kirschbaum from Saddleback Realty & Mortgage represents the tenant.
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
3965750.00%
Cash-on-Cash
-1133423.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93