SOLA Leases Retail Space To Ledo Pizza At 72-01 Queens Boulevard For 15 Years
72 01 Queens Boulevard
$50
$50/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Feb 1, 2026
AI
The retail asset located at 72-01 Queens Boulevard, Woodside, has a total square footage of 2,000. The asking rent for this property is set at $50 per square foot. The lease agreement is a Modified Gross Lease with a term of 15 years, executed by the involved parties.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $50/ft
- Lease Term: 15 Years
- Lease Type: Modified Gross Lease
- Landlord: SOLA
- Tenant: Ledo Pizza
- Landlord's Representative: Aaron Aziz - ARA
- Tenant's Representative: Joe Robinson - Voro Real Estate
This transaction included key individuals such as Aaron Aziz, representing the landlord SOLA, and Joe Robinson, representing the tenant Ledo Pizza, showcasing their involvement in the leasing process for the specified retail location.
Players
Woodside Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
317260.00%
Cash-on-Cash
-90673.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93