406-432 Hamlin Clarkson Town Line Rd, Hamlin, NY 14464
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.