$449,000
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.
R1667256
MLS
1816 Lake Road, Hamlin