Property profile

2565 Hempstead Tpke East Meadow, NY 11554

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional opportunity presents a fully operational Halal Guys restaurant for sale in East Meadow, NY. Located at 2565 Hempstead Tpke, this 1,925 square foot retail space is priced at $150,000 key money. The property boasts a strong existing customer base, supported by a thriving demographic profile. Within a 5-mile radius, the population currently stands at 516,859, with an average household income of $143,494. This figure is projected to grow to 527,840 by 2028, indicating significant future growth potential. The current monthly rent for the space is $8,500. This turn-key operation offers a seamless transition for a new owner, eliminating the need for extensive setup and allowing immediate revenue generation. The prime location on Hempstead Turnpike ensures high visibility and accessibility, making it an ideal investment for an experienced restaurateur looking to capitalize on a well-established brand and a rapidly expanding market. This is a rare chance to acquire a profitable, established business in a high-demand area. The property is situated in Nassau County, NY, zip code 11554. This is a truly remarkable opportunity to own a piece of a successful culinary enterprise in a vibrant and growing community.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant

Location

2565 Hempstead Tpke East Meadow, NY 11554
East Meadow metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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