For Sale
$1,767,000

582 Hamlin HwyHamlin, PA 18427

High-yield, new construction retail property.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a newly constructed, 10,500-square-foot retail storefront located at 582 Hamlin Hwy, Hamlin, PA 18427. The property boasts a strong 7.10% cap rate and a substantial net operating income (NOI) of $125,475. Currently 100% occupied by a Dollar Tree and Family Dollar, both operating under a corporate guarantee, this single-tenant net lease property offers significant stability and predictable cash flow. The 10-year lease commenced August 1, 2024, and extends to July 31, 2034, providing a remaining lease term of approximately 9.7 years. The asking price is $1,767,000, translating to a price per square foot of $168.29. Built in 2024, this one-story building is situated in a prime commercial zone within Hamlin's shopping district, benefiting from high visibility and convenient access. The property's strong tenant, Dollar Tree, a Fortune 200 company, further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a long-term lease and exceptional return potential. The property is zoned for commercial use.

Property Details for 582 Hamlin Hwy

Property type
Retail properties, Retail space
Square Feet
10,500 SF
Year Built
2024
Buildings
1
Stories
1

Location Insight

City
Hamlin
County
Wayne
State
Pennsylvania
Latitude
41.4006344
Longitude
-75.4065651
582 Hamlin Hwy, Hamlin, Pennsylvania

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582 Hamlin Hwy
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