1816 Lake Road, Hamlin

$ 900,000

Overview

  • Updated On:
  • April 27, 2026
  • 8,125.00 ft2 Interior
  • 0 Bathrooms
  • 2.03 ac Acres

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.

Property Location

Street: 1816 Lake Road
Tax Area: Hamlin
County:
Postal City: Hamlin
State: NY
Zip: 14464
School District: Brockport
HOA Y/N: No

Property Details

Property Id: 661195
Price: $ 900,000
Property Size: 8,125.00 ft2
Property Lot Size: 2.03 ac
Building Sq Ft Total: 8125
Cooling: CentralAir
Elementary School: Ginther Elementary
Elementary School District: Brockport
Heating: Gas, ForcedAir
High School: Brockport High
High School District: Brockport
Inclusions: Land and Building
Levels: One
List Office Name: ERA Team VP Real Estate
List Office Phone: 716-413-0200
List Price: 900000
Listing Id: R1667256
Living Sq Ft: 8125
Lot Features: Rectangular, RectangularLot
Acres: 2.03
Lot Acres: 2.03
Lot Dimensions: 166X530
Middle School: A D Oliver Middle
Middle School District: Brockport
Status: Active
Operating Expense Includes: Other, SeeRemarks
Parking Total: 36
Photos: 1
Possession: Closing
Postal City: Hamlin
Zip Code: 14464
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

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

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.

Payment Calculator

$ 4,614.48
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,489.48

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