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6040 Canoga Avenue

Kevin Broukhim Purchases Retail Asset At 6040 Canoga Avenue From Laurent Opman For $5.13M
SOLDRetail

Kevin Broukhim Purchases Retail Asset At 6040 Canoga Avenue From Laurent Opman For $5.13M

6040 Canoga Avenue

$5,125,000

$512/SF

Building Size

10,001 SF

Asset Type

Retail

Closing

May 29, 2026

AI

The property asset involved in the transaction is a retail space located at 6040 Canoga Avenue in Woodland Hills. The sale price for this asset was $5,125,000, covering a total square footage of 10,001 with a price per square foot of $512.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,125,000
  • Address: 6040 Canoga Avenue
  • Market: Woodland Hills
  • Square Footage: 10,001
  • Price per Square Foot: $512
  • Buyer: Kevin Broukhim
  • Seller: Laurent Opman
  • Broker: Brandon Michaels - Marcus & Millichap

This transaction was facilitated by broker Brandon Michaels, who represented the interests of the seller, Laurent Opman. The involvement of the broker in this deal highlights the professional support provided to navigate the complexities of the retail property market in Woodland Hills.

Players

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.10%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93