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8909 West Sunset Boulevard

Bar Jubilee & Lava Rocc Lease Retail Space On West Sunset Boulevard From John Kazanjian
LEASEDRetail

Bar Jubilee & Lava Rocc Lease Retail Space On West Sunset Boulevard From John Kazanjian

8909 West Sunset Boulevard & 8911 West Sunset Boulevard

$5

Building Size

Asset Type

Retail

Closing

Apr 15, 2025

AI

The property asset involved in this transaction is located at 8909 West Sunset Boulevard and 8911 West Sunset Boulevard in the West Hollywood market. This retail space has a total square footage of 7,427 and is listed at an asking rent of $5 per square foot, under a NNN lease agreement.

Summary of transaction details:

City Street CRE and Agents of LA represented the tenants in this lease transaction. The landlord's team specializes in high street retail and restaurant leasing, covering areas from West Hollywood to Beverly Hills, Pasadena, and Malibu.

Players

Brandon Cohan

Broker

$10.9M

vol

6 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

3172600.00%

Cash-on-Cash

-906738.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93