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8720 W Sunset

Omer Horev & Rob Marona Of Pura Vida Miami Lease Retail Space On West Sunset Boulevard
SOLD

Omer Horev & Rob Marona Of Pura Vida Miami Lease Retail Space On West Sunset Boulevard

8720 W Sunset

Building Size

Asset Type

Closing

Apr 29, 2025

AI

The property involved in this transaction is located at 8720 West Sunset Boulevard in West Hollywood. It is a retail asset with a total square footage of 6,052, which includes 4,147 square feet of ground floor space, an outdoor patio, and a 913 square foot basement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 8720 West Sunset Boulevard
  • Market: West Hollywood
  • Square Footage: 6,052 (GF 4,147 SF, outdoor patio, 913 SF basement)
  • Tenant: Omer Horev & Rob Marona - Pura Vida Miami
  • Brokers: Jay Luchs & Carly Geller - Newmark

Omer Horev and Rob Marona, representing Pura Vida Miami, are set to open their third LA location in the space previously occupied by Tocaya, just one block away from the newly opened Skims. Jay Luchs and Carly Geller from Newmark represented both the tenant and landlord in this transaction.

Players

Carly Geller

Newmark

Broker

10 deals

Broker
Omer Horev

Omer Horev

Pura Vida Miami

Tenant

7 deals

Tenant
Pura Vida Miami
Pura Vida MiamiTenant

Market CRE Market Snapshot

Boundary boundary · CRE · Sale 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