1816 Lake Rd

hamlin, NY 14464

$499,000

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    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 8 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.

    Details

    8,125 Sq Ft

    2.03 Private Acres Exterior Space

    Commercial

    $16,526 Annual Tax

    Built in 2003

    MLS/Listing ID R1585858

    1 Stories

    MICHAEL MCVINNEY - 716-640-0104

    NYS

    Source of Data: NEW YORK STATE MLS

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