Updated Oct 28, 2024
The Shade Store Leases Retail Space At 9565 S. Santa Monica Blvd. In Beverly Hills
9565 S Santa Monica Blvd, Beverly Hills, CA 90210, United States
Building Size
1,100 SF
Asset Type
Retail
Closing
Feb 15, 2022
About this deal
AI
The Shade Store, a retail asset located at 9565 S. Santa Monica Blvd. in Beverly Hills, has recently been leased. The property, situated on the corner of Camden Drive and S. Santa Monica Blvd., is part of the prestigious Beverly Hills Golden Triangle. The lease was facilitated by Brandon Cohan of Brandon Cohan Real Estate, who represented both parties in the deal. The landlord, Jade Enterprise, agreed to lease the 1,100-square-foot space to The Shade Store.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Lease
- Address: 9565 S. Santa Monica Blvd.
- Market: Beverly Hills
On the corner of Camden Drive & S. Santa Monica Blvd. in the Beverly Hills Golden Triangle, The Shade Store is set to open its newest flagship location. For any leasing inquiries, interested parties can contact Brandon Cohan at [email protected] or visit www.BCRE.LA for more information.
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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