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Kith Signs 15-Year Lease At...

Kith Signs 15-Year Lease At 8500 Sunset Boulevard, West Hollywood With Brokers Jay Luchs & Carly Geller
LEASED

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:

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

Carly Geller

Newmark

Broker

10 deals

Broker
Alexander Smith

Alexander Smith

Regal Ventures

Landlord

10 deals

Landlord
K
KithTenant

Market CRE Market Snapshot

Boundary boundary · CRE · Lease transactions

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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