One Iota Leases Office At 700 N San Vicente Blvd, West Hollywood
700 N San Vicente BLVD, West Hollyw...
$4
$4/SF
Building Size
8,000 SF
Asset Type
Office
Closing
Jun 10, 2018
AI
The office located at 700 N San Vicente Blvd in West Hollywood, part of the Hewitt market, was leased on June 10th, 2018. The 8000 square feet office space was leased by One Iota, represented by Michael Shuken from Savills, at a rate of $4 per square foot from the landlord, Cohen Brothers Realty Corporation.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant: One Iota
- Tenant's Rep: Michael Shuken (Savills)
- Landlord: Cohen Brothers Realty Corporation
- Market: Hewitt
- Rent/SF: $4
- Square Feet: 8000
- Address: 700 N San Vicente Blvd, West Hollywood
One Iota, a tenant in the Hewitt market, was represented by Michael Shuken from Savills in leasing the 8000 square feet office space at 700 N San Vicente Blvd from Cohen Brothers Realty Corporation, showcasing the key individuals and companies involved in the transaction.
Players
Hewitt Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3965750.00%
Cash-on-Cash
-1133423.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93