Property Details

Overview

RARE opportunity to occupy this corner unit for your business! This is an assignable lease with B1 Zoning in the City of Glen Cove, looking for the right business owner to take over! Asking price to take over the rights to the lease is $75K. Incredible value here - where the monthly rent can easily go from anywhere between $3, 500 - $4, 000 - this 5-year lease is set at $2, 185 a month with 3% increases year over year. On top of that, the space was recently renovated with $80K in upgrades, and comes equipped with a kitchenette, two private offices, open floor space for desks or cubicles, a spacious front admin area with plenty of room for patrons to sit and wait, and approximately 10 parking spaces in the back of the building. Upgrades include new floors, new bathroom, new ceiling and lighting, awning for advertising and more! Your branding and logo will get maximum exposure with this corner property, sitting on the super busy intersection of Glen St and Pearsall Ave with hundreds, even thousands of cars passing by daily and weekly, and stopping at the light right in front of your store! Don’t forget the foot-traffic in the area with the Glen St LIRR station 2 blocks away, St Patrick Parish Church across the street, Bravo Supermarket and tons of surrounding businesses bringing more patrons. Office furniture can be negotiated to stay. This is the perfect opportunity to occupy a corner unit in this bustling area of Glen Cove to maximize exposure for your business. Just swap out the branding and you’re in business! Bring all offers!