Updated May 27, 2025
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
About this deal
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:
- Property Type: Retail
- Transaction Amount: $5/ft
- Square Footage: 7,427
- Landlord: John Kazanjian
- Tenant: Bar Jubilee & Lava Rocc
- Landlord's Representative: Brandon Zarrabi & Brandon Cohan - Brandon Cohan Real Estate
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.
On the Map
$5
Retail
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Players
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