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8410 Melrose Avenue

Gerald Myers Leases 10,000 SF Retail Space To Paloma Wool On Melrose Avenue For 5 Years
LEASEDRetail

Gerald Myers Leases 10,000 SF Retail Space To Paloma Wool On Melrose Avenue For 5 Years

8410 Melrose Avenue

$100

$100/SF

Building Size

10,000 SF

Asset Type

Retail

Closing

Apr 30, 2026

AI

The property involved in the transaction is a retail asset located at 8410 Melrose Avenue, in the Los Angeles market. It spans 10,000 square feet and operates under a NNN Lease structure. The lease agreement has a term of 5 years.

Summary of transation details:

Nico Atherton and Shanna Naim of Skyview Real Estate Partners represented the Tenant in signing their first flagship store in Los Angeles on Melrose Avenue. The representation highlights the demand from global fashion brands entering the Los Angeles market for high-street locations.

Players

Shanna Naim

Skyview Real Estate Partners

Broker

$43.9M

vol

33 deals

Broker

West Hollywood 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

158630.00%

Cash-on-Cash

-45336.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93