Cushman & Wakefield Brokers Sell Culver City Office Building For $28.7M
10441 Jefferson Boulevard
$28,739,722
Building Size
—
Asset Type
—
Closing
Sep 8, 2022
About this deal
AI
The property asset involved in the transaction is located at 10441 Jefferson Blvd, Culver City, and is categorized as an office space. The transaction was completed for a total of $28,739,722.65, encompassing a total area of 26,416 square feet, which equates to a price per square foot of $1,088.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $28,739,722.65
- Address: 10441 Jefferson Blvd
- Market: Culver City
- Total SF: 26,416
- PPSF: $1,088
The deal was represented by brokers Mckenna Gaskill, Erica Finck, Mike Condon Jr., and Bailey Dawson from Cushman & Wakefield, who were instrumental in facilitating the transaction.
Players
Mishawaka CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93