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8201 Topanga Canyon BLVD, L...

Vallarta Supermarkets Leases 85653 Square Feet At 8201 Topanga Canyon Blvd With Carol Springstead As Tenant's Rep
LEASEDRetail

Vallarta Supermarkets Leases 85653 Square Feet At 8201 Topanga Canyon Blvd With Carol Springstead As Tenant's Rep

8201 Topanga Canyon BLVD, Los Ange...

Building Size

85,653 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in this transaction is located at 8201 Topanga Canyon Blvd, Los Angeles. The asset consists of a total of 85,653 square feet and is occupied by Vallarta Supermarkets. The landlord for this deal is Auburndale Properties, Inc.

Summary of transaction details:

The transaction involves key representatives for both the tenant and landlord. Carol Springstead represents Vallarta Supermarkets, while Mark Baziak and Geoff Foley represent Auburndale Properties, Inc in this lease agreement.

Players

Carol Springstead

Springstead & Associates

Broker

$23.8M

vol

2 deals

Broker
VS
Vallarta SupermarketsTenant

Market Retail Market Snapshot

Boundary boundary · Retail · 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