Courtesy: ERA Team VP Real Estate
716-413-0200
Dollar General NN Investment Portfolio – 10% Cap Rate Opportunity to acquire a two-property net lease retail portfolio leased to Dollar General, one of the nation’s largest and most recognized discount retailers. The offering includes two well-maintained locations in Western and Upstate New York: • Dollar General - Hamlin - 1816 Lake Rd, Hamlin, NY • Dollar General - Eden - 8229 N. Main St, Eden, NY Both properties are subject to NN (Double Net) leases, providing stable and predictable income with limited landlord responsibilities. The tenant has recently completed renovations and improvements, demonstrating long-term commitment to the sites. The portfolio is being offered as a package sale and delivers an attractive 10% capitalization rate at the asking price, making it an appealing opportunity for investors seeking strong cash flow from a nationally recognized tenant. Ownership reports the tenant has been easy to work with and consistently pays rent on time, making these truly passive investment assets. The only reason for the sale is the Seller’s planned retirement.
Courtesy: Blain Realty, Inc.
585-244-8980
Dynamic Commercial Opportunity! Over 6,000 Sq. Ft. 3 Story Building! 1st. Floor Is Vacant With Loading Dock, Office, Manufacturing, Warehouse, Showroom! 2nd. Floor Is Currently Rented For 1 Year As A Kitchen Center Showroom And Warehouse! Large 3rd. Floor Area! A 1/2 Acre Stone And Dirt Lot Included, Ideal For Additional Parking! Immediate Possession Available! Located Across From Town Garage! Truly A Must See Property! All Appointments Through Listing Agent! Do Not Disturb Tenants!
Hamlin is located in New York. Hamlin, New York has a population of 8,770. Hamlin is more family-centric than the surrounding county with 30.02% of the households containing married families with children. The county average for households married with children is 25.84%.
The median household income in Hamlin, New York is $68,766. The median household income for the surrounding county is $66,317 compared to the national median of $69,021. The median age of people living in Hamlin is 40.4 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 34.4 inches per year, with 73.8 inches of snow per year.
