Kith Signs 15-Year Lease At 8500 Sunset Boulevard, West Hollywood With Brokers Jay Luchs & Carly Geller
Building Size
—
Asset Type
—
Closing
May 6, 2026
AI
The retail asset located at 8500 Sunset Boulevard in West Hollywood has a total square footage of 17,250. The lease has been secured by Kith, a brand owned by Ronnie Fieg, for 15 years. The asset is managed by landlords Alexander Smith and Joey Cohen from Regal Ventures.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Term: 15 years
- Landlord: Alexander Smith and Joey Cohen - Regal Ventures
- Tenant: Ronnie Fieg - Kith
- Brokers: Jay Luchs & Carly Geller - Newmark
The new Kith flagship will feature dedicated rooms for men’s, women’s, and kids’ lines, as well as multi-brand apparel, footwear, and accessories. The store will introduce a VIP Studio with a custom audio system and an Apothecary for fragrance experiences. Additionally, Kith will launch the first Ronnie’s Pronto, offering grab-and-go breakfast and lunch options.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93