Paola Rodriguez Leases Retail Space At 45 Cedar Swamp Road In Glen Cove

An agreement has been reached for the lease of a retail property located at 45 Cedar Swamp Road, Glen Cove, Long Island. The property, measuring approximately 1,000 square feet, was leased by Tenant Paola Rodriquez from Landlord Olivia Wierzbicki. The deal was facilitated by brokers Luca DiCiero and Giuseppe Gregorio from NY Space Finders.

Summary of transaction details

• Property Type: Retail
• Lease Type: Ground Lease
• Lease Term: 5 years plus option
• Asking Rent: $28 per square foot
• Brokers: Luca DiCiero & Giuseppe Gregorio - NY Space Finders

This lease agreement presents an opportunity for Tenant Paola Rodriquez to establish their retail business at 45 Cedar Swamp Road. The lease term extends for 5 years with an option to renew, providing long-term stability for the tenant. The negotiated rent is set at $28 per square foot, aligning with market rates for similar retail properties in the area.