Krystal Group Purchases Retail Asset At 9517 - 9523 Culver Boulevard For $7 Million
9517 Culver Boulevard & 9523 Culver Boulevard
$7,000,000
$549/SF
Building Size
12,738 SF
Asset Type
Retail
Closing
Dec 26, 2025
AI
The property asset involved in the transaction is located at 9517 - 9523 Culver Boulevard in Culver City, featuring a retail asset type. The sale price was $7,000,000, with a total square footage of 6,369, equating to a price per square foot of $1,099.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,000,000
- Address: 9517 - 9523 Culver Boulevard
- Market: Culver City
- Square Footage: 6,369
- Price Per Square Foot: $1,099
- Buyer: Krystal Group
- Buyer's Representative: Vanessa Haddad - Marcus & Millichap
- Seller's Representative: Zachary Card - CBRE
The deal involved Krystal Group as the buyer, represented by Vanessa Haddad from Marcus & Millichap. The seller was represented by Zachary Card from CBRE, highlighting the brokerage involvement in this transaction.
Players
Culver City 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93