Listing Summary
CR Properties Group is pleased to exclusively present an elite, institutional-grade real estate asset positioned in one of the most affluent and supply-constrained submarkets of the Hudson Valley.
Full Description
Prime 51,940 SF Institutional Investment Opportunity – CVS Anchored Retail Center For Sale – Hopewell Junction, NY (Price Available Upon Request)
Executive Commercial Investment Summary
CR Properties Group is pleased to exclusively present an elite, institutional-grade real estate asset positioned in one of the most affluent and supply-constrained submarkets of the Hudson Valley. Offered as a premium Investment Sale with Price Available Upon Request, this substantial 51,940 SF commercial retail center is anchored by a high-performing, nationally recognized CVS Pharmacy.
Located in the economic heart of Hopewell Junction, NY 12533 (Town of East Fishkill, Dutchess County), this stabilized retail asset represents a generational acquisition for real estate investment trusts (REITs), private equity groups, and high-net-worth portfolio investors. By blending a blue-chip, credit-worthy anchor tenant with an exceptional mix of local and regional inline retailers, this property ensures long-term cash flow stability, strong lease structures, and built-in protection against inflation.
Asset Scale, Footprint & Multi-Tenant Retail Synergy
Spanning an impressive 51,940 square feet, this expansive commercial complex is architecturally designed to serve as the primary daily-needs shopping center for the surrounding high-income residential population.
Core Site Attributes & Highlights:
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National Credit Anchor (CVS Pharmacy): Anchored by a corporate-backed, recession-proof tenant that drives continuous, daily foot traffic to the center, greatly benefiting the co-tenancy ecosystem.
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Substantial Structural Footprint: 51,940 SF of impeccably maintained Class B/A- retail infrastructure, featuring modern facades, excellent tenant visibility, and high-impact roadside pylon signage.
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Expansive On-Site Parking Matrix: Features a massive, well-lit asphalt parking lot designed to effortlessly handle peak-hour consumer traffic, delivery logistical staging, and employee parking.
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Stabilized Income Profile: A highly diversified tenant roster reduces vacancy risks, providing investors with a predictable, high-yield Net Operating Income (NOI) stream.
The Hopewell Junction Advantage: High-Income Suburban Demographics
The property is strategically located in Hopewell Junction, a thriving, historic hamlet within the Town of East Fishkill in southern Dutchess County. Historically celebrated as a critical nineteenth-century rail hub for the New York and New England Railroad, Hopewell Junction has successfully evolved into one of the Hudson Valley's most affluent, family-oriented suburban communities.
Exceptional Local Market Drivers:
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The Ultimate Commuter Submarket: Hopewell Junction is a premier destination for corporate professionals and hybrid remote executives looking for a tranquil lifestyle within arm's reach of major employment centers like Poughkeepsie, White Plains, and New York City.
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Scenic & High-Growth Landscape: Nestled within the picturesque Hudson Valley region—internationally famous for its historic estates, farm-to-table culinary scenes, and vast outdoor parklands—the immediate area boasts a rapidly expanding residential baseline, ensuring an ever-growing consumer pool.
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High Purchasing Power: The local East Fishkill demographics feature median household incomes that rank among the highest in Upstate New York, providing retail tenants with an exceptionally strong, stable base of discretionary consumer spending.
Elite Regional Logistics & Multi-Interstate Transit Proximity
Beyond its robust local customer base, this retail center benefits from an elite geographical position situated just minutes from the region's main high-speed commuter and shipping arteries.
Major Regional Transit Milestones:
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Taconic State Parkway: Located a mere 6 minutes (3.0 miles) away, providing a direct, non-stop northern and southern highway pipeline straight down through Westchester County and directly into New York City.
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Interstate 84: Reachable in just 7 minutes (4.0 miles), linking the property instantly to the Northeast’s premier east-west logistics corridor, connecting your asset seamlessly to Connecticut, Orange County, and the New York State Thruway (I-87).
Detailed Location & Transit Matrix
| Key Transit Asset / Regional Link |
Estimated Drive Time |
Total Distance |
| Taconic State Parkway |
6 Minutes |
3.0 Miles |
| Interstate 84 (Core East/West Vein) |
7 Minutes |
4.0 Miles |
| City of Poughkeepsie |
~15 Minutes |
Regional Proximity |
| New York City Metro |
~75 Minutes |
Direct Parkway Access |
Core Investment Highlights:
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Blue-Chip Corporate Anchor: Secure your capital in a grocery/pharmacy-anchored asset class, historically proven to be the most resilient retail sector through changing economic climates.
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Substantial Submarket Barrier to Entry: Acquiring a 51,940 SF retail footprint in Hopewell Junction is a rare opportunity due to strict local zoning regulations and a scarcity of developable land.
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Elite Logistics Framework: Sitting less than 7 minutes from both the Taconic Parkway and I-84 ensures effortless shopping access for regional commuters.
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Strong Tenant Synergy: The multi-tenant layout offers an investor perfect risk diversification, combining national credit stability with high-margin local service providers.
Quick Glance
- Listing ID:
CL-New York-13294
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
51,940 SqFt