8229 N Main Street, Eden, NY 14057

$900,000
8,050
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$900,000
Status
ACTIVE
MLS#
R1667261
Year Built
2003
Stories
1
Acres
1.20
Living Area
8,050
Region
Eden

Property 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.

Additional Information

Taxes
$18,634
School District
Eden
Elementary School
Eden Elementary
Middle School
Other - See Remarks
High School
Eden Junior-Senior High
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ERA Team VP Real Estate. Contact: 716-640-0104