Newmark, as exclusive advisor, is pleased to present the opportunity to acquire 3330 Cahuenga (the “Property”), a 104,858 rentable square foot, 5-story creative Class A office asset located at the convergence of Los Angeles’ entertainment industry in Universal City.
The Property is 41% leased with approximately 4.88 years of weighted average remaining lease term offering a rare opportunity for an owner-user to acquire a renovated office building with in-place yield and the ability to grow into the project over time. The Property offers a unique branding opportunity with available building top signage, high visibility located directly off the 101 Freeway, and an abundance of onsite parking located in a two-level subterranean parking garage offering a 3.5/1,000 SF parking ratio.