HANNAFORD PLAZA

EXECUTIVE SUMMARY

Matthews Real Estate Investment Services™ is pleased to present a compelling investment opportunity for Hannaford Plaza, a well-established grocery-anchored shopping center located at 592-596 Columbia Tpke in East Greenbush, New York, adjacent to the State’s capitol, Albany. Anchored by a high-performing, 50,000-squarefoot Hannaford Supermarket, the property benefits from a strong daily traffic flow and a loyal customer base. The property’s strategic location within a densely populated residential area, coupled with limited competition, ensures consistent rental income and long-term stability.

With a proven track record of success and a desirable tenant mix of national, regional, and local tenants of various complementary uses, Hannaford Plaza offers investors a secure and profitable asset with significant upside potential. The property’s excellent condition, combined with its prime location, provides a solid foundation for future growth and value appreciation.

INVESTMENT HIGHLIGHTS

HIGH PERFORMING ANCHOR: Anchored by a high-performing Hannaford Supermarket with a BBB+ credit rating, the property boasts a stable and consistent income stream. With a strong track record of occupancy and a loyal customer base, the property offers investors a reliable and predictable cash flow.

STRATEGIC CAPITAL REGION LOCATION: Situated in East Greenbush, NY, with close proximity to the state capital, Albany, the plaza benefits from a large consumer base and excellent accessibility. This prime location ensures high visibility and convenient access for shoppers, driving traffic to the property and supporting tenant success.

STABLE EMPLOYMENT POPULATION: Surrounded by a thriving residential community, the property enjoys high foot traffic and a loyal customer base. The strong demographics of the area create a solid foundation for sustained sales and rental income growth.

LIMITED COMPETITIVE LANDSCAPE: With limited grocery competition in the immediate area, the property benefits from a strong market position and reduced competitive pressure. This favorable market dynamic enhances the property’s ability to attract and retain tenants. While maximizing rental rates upon lease turnover with light investment into the property.