The Swing Golf Lounge LLC Leases 8,060 SF Retail Space At 33 S Service Road In Long Island

Located at 33 S Service Road in Long Island, this retail property was recently leased by The Swing Golf Lounge LLC. The lease was facilitated by Luca DiCiero and Giuseppe Gregorio from NY Space Finders, who represented the tenant, and Harris Rousso from Real Estate Strategies, Ltd, who represented the landlord, South Service Jericho Associated L.P.

Summary of transaction details:

• Property Type: Retail
• Address: 33 S Service Road, Long Island
• Tenant: The Swing Golf Lounge LLC - Frank Yao & Young Park
• Landlord: South Service Jericho Associated L.P - David Rosen
• Tenant's Rep: Luca DiCiero & Giuseppe Gregorio - NY Space Finders
• Landlord's Rep: Harris Rousso - Real Estate Strategies, Ltd

The lease terms for this 8,060 square feet property include a 15-year lease with 3% annual rent increases. The asking rent for this retail space was $23 per square foot. The premises will be used as an indoor virtual country club, featuring a premium golf studio, a pro-shop, and a sports bar, making it the first of its kind on Long Island.

This transaction showcases the successful collaboration between The Swing Golf Lounge LLC and South Service Jericho Associated L.P. Both parties were represented by experienced brokers, Luca DiCiero, Giuseppe Gregorio, and Harris Rousso. The deal highlights the increasing demand for recreational and entertainment spaces in the Long Island market.