351 Fairview Ave
Hudson, NY 12534

CBRE has been retained as exclusive advisor for the sale of ShopRite at Greenport Towne Center, a 75,525± SF center which is NNN leased to Shoprite/Wakefern through 2038, providing an investor with long term stable income. The center is situated on the heavily traveled Fairview Ave/Route 9 (15,720± cars per day) in Hudson, New York. STRONG IN-PLACE INCOME • In-Place NOI of $1,016,400 with rental increases every 5 years. • ShopRite/Wakefern recently signed a new 20-year lease through 2038. • ShopRite is responsible for maintaining the common areas along with the roof and building systems, providing very limited landlord responsibilities. HIGHLY ACCESSIBLE LOCATION IN DENSE RETAIL CORRIDOR • Situated on the heavily traveled Fairview Ave/Route 9 (15,720± cars per day) in Hudson’s dense retail corridor. • The Route 9 retail corridor features over 1.2M SF of national and complimentary retailers. Notable retailers include Walmart, Kohl’s, TJ Maxx, PetSmart, Dollar Tree, Five Below, Staples, Tractor Supply, Big Lots, Planet Fitness, Jo-Ann Fabrics, and CVS. • The Capital District has over 24 colleges and universities with close to 150,000 students including SUNY Albany, Rensselaer Polytechnic Institute, Union College, Siena College, Albany Medical Center, and SUNY Polytechnic University. • Notable Fortune 500 companies in the Capital District include American Express, CommerceHub, JP Morgan, Merrill Lynch, GE, Verizon, and Goldman Sachs.