Gantry Facilitates $38M Loan For Retail Property On Beverly Hills' Rodeo Drive
405 North Rodeo Drive, Beverly Hills, California 90210, United States
$38,000,000
$2,067/SF
Building Size
18,380 SF
Asset Type
Retail
Closing
Mar 3, 2022
AI
The retail property located at 405 N. Rodeo Dr. in Beverly Hills has been involved in a recent closed transaction. The property spans 18,380 square feet and is situated in the Beverly Hills market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $38,000,000
The brokers responsible for facilitating this transaction are Andy Bratt and Amit Tyagi from the Gantry agency. They played a pivotal role in helping the parties involved negotiate and finalize the deal.
Beverly Hills Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93