Updated Mar 20, 2025
Alon Hakakian Acquires Retail Property At 4000 Lincoln Boulevard For $4.99M With Chris Chasin As Buyer's Rep
4000 Lincoln Boulevard
$4,999,999
$573/SF
Building Size
8,724 SF
Asset Type
Retail
Closing
Feb 20, 2025
About this deal
AI
The property asset involved in the transaction is located at 4000 Lincoln Boulevard in Marina del Rey. It is categorized as retail space and has a total square footage of 8,724. The transaction was completed for a price of $4,999,999.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,999,999.00
- Address: 4000 Lincoln Boulevard
- Market: Marina del Rey
- Square Footage: 8,724.0
- Buyer: Alon Hakakian
- Seller: Masaharu Shirako
- Buyer's Representative: Chris Chasin (Partners CRE)
Key individuals involved in this transaction include the buyer, Alon Hakakian, and the seller, Masaharu Shirako, who facilitated the sale. Chris Chasin from Partners CRE represented the buyer in this deal.
On the Map
$4,999,999
$573/SF
Retail
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Players
Marina Del Rey 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93