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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,125 sqft
Price per Sqft $55
Subdivision Hamlin Commons Resub
MLS Listing ID R1667256
Construction Status Existing
HOA Y/N No
Year Built 2003
Annual Tax Amount $16,526
Lot Size 2.030 Acres
Acres 2.03
Lot Dimensions 166X530
Property Description
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.
Location
State NY
County Monroe
Community Hamlin Commons Resub
Area Hamlin-263000
Zoning Commercial
Interior
Heating Gas, Forced Air
Cooling Central Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 36
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Other
Construction Status Existing
Schools
Elementary Schools Ginther Elementary
Middle Schools A D Oliver Middle
High Schools Brockport High
School District Brockport
Others
Tax ID 263000-029-010-0003-001-100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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