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31122539

8229 N Main St, Eden, NY 14057

MM
NY NY10301214857, NY NY10491207602 (+1)
ERA Team VP Real Estate
Listed by ERA Team VP Real Estate
$900,000
79 days on market
Updated 77 days ago

8229 N Main Street

Details
APN 144000-223-000-0002-018-200
Property Type Retail
Sub Type Commercial
Square Footage 8,050
Cap Rate 10.00%
Brand/Tenant Dollar General
Lease Type NN
Price per SqFt $112
Year Built 2003
Buildings 1
Stories 1
Acreage 1.200
Zoning Commercial
Parking Spaces 40 spaces
Parking Per SqFt 4.97
Investment Type Net Lease

Retail | 10.00% CAP | 8,050 SqFt

Marketing 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.

Listing Contacts

MM
NY NY10301214857, NY NY10491207602 (+1)
ERA Team VP Real Estate
Listed by ERA Team VP Real Estate

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Additional Information

Name
Michael McVinney
License
NY10301214857
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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