Netflix HQ 1
An office property in Los Gatos, California. Securitized in 1 CMBS deal in 2016.
$86.0MAppraised value (latest deal)
100.0%Occupancy
$4.4MUnderwritten NOI
5.1%Implied cap rate
- Address
- 131 Albright Way, Los Gatos, CA 95032
- Property type
- Office · Suburban
- Year built
- 2015
- Size
- 113,520 SF
- Sponsor
- Wealth Management Capital Holding GMBH
- Loan purpose
- Acquisition
- Largest tenant
- Netflix
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2016-DC2 | 2016-03-16 | $86.0M | 100.0% | $4.4M | 5.1% | $42.2M | 49.1% | 1.65x | 424B |
More CMBS properties in California →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.