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.
Description: 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.
Roof: Flat
StateOrProvince: NY
Stories: 1
Street Name: Lake
Street Number: 1816
Street Number Numeric: 1816
Street Suffix: Road
Total Taxes: 16526
Assessed Value: 375000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Public
Year Built: 2003
YearBuiltDetails: Existing
Zoning: Commercial
Zoning Description: Commercial
Amenities and Features
Other Features
Fireplace Y/N
Has Cooling System
Has Heating System
Map
Courtesy Of : ERA Team VP Real Estate
716-413-0200
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All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
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