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    OFF-MARKET
    Shopping centers

    406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464

    24,816 SF Built 1983
    Property ID
    Property summary
    AI-generated overview

    Hamlin Plaza, located at 406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464, presents a prime retail investment opportunity. This single-story, 24,816 square foot plaza, built in 1983 and extensively renovated in 2023, boasts a highly desirable location at the intersection of Hamlin Clarkson Townline Rd and State Route 19, just south of the Village of Hamlin and Hamlin Beach State Park. The property sits on a 5.45-acre lot and features six suites in total. Currently, 8,664 square feet of contiguous space is available, with a minimum divisible space of 2,100 square feet. The plaza benefits from strong anchor tenants, including a new 10,000 square foot Dollar Tree and a Mark's Pizzeria, driving significant foot traffic. Remarkably, visitor counts to Hamlin Plaza have increased by nearly 70% year-over-year since the Dollar Tree opened. This property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. No elevators are present. Monroe County location.

    Property profile
    Verified
    Property type Shopping centers
    Year built 1983
    Total area 24,816 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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