5685 Mckinley Pkwy Hamburg, NY 14075-3929
This exceptional investment opportunity presents a 918-square-foot retail space currently operating as a successful Chinese fast-food restaurant, Ginger & Garlic, located at 5685 McKinley Parkway in Hamburg, NY, 14075. The property, built in 1965, sits on an 8,100-square-foot lot and includes 8 parking spaces. The asking price is $249,900, translating to $272.22 per square foot. The property is classified as Class C and zoned for business use. The current lease is a gross lease with a single tenant currently occupying 100% of the space. The lease expires on December 31, 2024, with a remaining term of approximately 0.1 years. A five-year lease option exists with built-in annual rent increases. The tenant, who desires to remain, is responsible for their own utilities, garbage, and water. This net lease investment offers a strong, established tenant and the potential for continued rental income growth. The property's location adjacent to the Hamburg Fair Grounds provides excellent visibility and accessibility. This is a rare opportunity to acquire a profitable, established business with a reliable tenant and significant upside potential.
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Ginger & Garlic Chinese Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.