Prime Dollar General Investment
Great investment opportunity in a well-maintained, free-standing building. This retail space covers 8,125 square feet & over 36 parking spaces, designed for a seamless customer experience.
Occupied by Dollar General, a nationally recognized and stable tenant, this store has consistently showcased solid performance. Its status as a reliable, low-risk investment is further amplified by the care the property has received over the years. Offered as a NNN lease, investors enjoy perks of limited landlord responsibilities, allowing for a more passive investment experience.
One of the most enticing aspects of the property is its return potential. Approximately a 7.5 CAP, better than average for a DG, buyers are presented with the promise of great returns. Moreover, this property is listed at a price significantly below its early 2023 appraisal, providing immediate equity advantage.
Seize this opportunity to enhance your portfolio with a prime DG property that offers both immediate value & long-term growth potential.
Great investment opportunity in a well-maintained, free-standing building. This retail space covers 8,125 square feet & over 36 parking spaces, designed for a seamless customer experience.
Occupied by Dollar General, a nationally recognized and stable tenant, this store has consistently showcased solid performance. Its status as a reliable, low-risk investment is further amplified by the care the property has received over the years. Offered as a NNN lease, investors enjoy perks of limited landlord responsibilities, allowing for a more passive investment experience.
One of the most enticing aspects of the property is its return potential. Approximately a 7.5 CAP, better than average for a DG, buyers are presented with the promise of great returns. Moreover, this property is listed at a price significantly below its early 2023 appraisal, providing immediate equity advantage.
Seize this opportunity to enhance your portfolio with a prime DG property that offers both immediate value & long-term growth potential.
Property Details
Price:
$530,000
MLS #:
R1503228
Status:
Active
Beds:
0
Baths:
0
Address:
1816 Lake Road
Type:
Commercial
Subdivision:
Hamlin Commons Resub
City:
Hamlin
Listed Date:
Oct 17, 2023
State:
NY
Finished Sq Ft:
8,125
ZIP:
14464
Lot Size:
2 acres
Year Built:
2003
Listing courtesy of ERA Team VP Real Estate,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-28.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-28.
1816 Lake Road
Hamlin, NY
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Schools
School District:
Brockport
Elementary School:
Ginther Elementary
Middle School:
A D Oliver Middle
High School:
Brockport High
Interior
Cooling
Central Air
Heating
Gas, Forced Air
Exterior
Parking Spots
36
Roof
Flat
Financial
Buyer Agent Compensation
2.5%
Taxes
$16,526
Map
Community
- Address1816 Lake Road Hamlin NY
- CityHamlin
- CountyMonroe
- Zip Code14464
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