1816 Lake Road, Hamlin, NY

$449,000

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8,125

Square feet

2.03

Acres

About 1816 Lake Road

Dollar General NN Investment Opportunity – Hamlin, NY 1816 Lake Rd in Hamlin, NY offers the opportunity to acquire a stand-alone, single-tenant Dollar General investment occupied by one of the country's most recognized discount retailers at an 8 CAP. The property is leased to Dollar General under an NN lease structure, providing investors with predictable rental income and limited landlord responsibilities. The store has undergone renovations within the last several years, and the parking lot has also been refurbished and striped, helping position the property for continued use by the current tenant. The lease includes additional renewal options, providing the potential for continued long-term occupancy. Rent payments have historically been consistent, making this an attractive opportunity for investors seeking a straightforward income-producing commercial property with a nationally recognized tenant. This property may be particularly attractive to private investors, 1031 exchange buyers, or those looking to add a relatively passive single-tenant retail asset to an existing portfolio. 1816 Lake Rd, Hamlin, NY 14464 The seller also owns the Dollar General property at 8229 N. Main St, Eden, NY, which is being offered separately. The seller may be more negotiable on pricing and terms for a buyer interested in purchasing both properties as a package.

Features of 1816 Lake Road

MLS® # R1667256
Price $449,000
Bathrooms 0.00
Square Footage 8,125
Square Footage 88427
Acres 2.03
Year Built 2003
Type Commercial Sale
Status Active

Community Information

Address 1816 Lake Road
Area Hamlin
Subdivision Hamlin Commons Resub
City Hamlin
County Monroe
State NY
Zip Code 14464

Amenities

Utilities Sewer Connected, Water Connected
Features Rectangular, Rectangular Lot
Parking Spaces 36
Is Waterfront No
Has Pool No

Interior

Heating Gas, Forced Air
Cooling Central Air
Fireplace No
# of Stories 1
Stories 1
Has Basement No

Exterior

Exterior Other
Lot Description Rectangular, Rectangular Lot
Roof Flat
Construction Other

School Information

District Brockport
Elementary Ginther Elementary
Middle A D Oliver Middle
High Brockport High

Additional Information

Zoning Commercial
Short Sale No
RE / Bank Owned No

Listing Details

OfficeERA Team VP Real Estate
Contact Info716-640-0104

Listing Map

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