anchored multi-tenant investment …...3445 peachtree rd ne, suite 950 | atlanta, ga 30326 |...

SRS REAL ESTATE PARTNERS3445 Peachtree Rd NE, Suite 950 | Atlanta, GA 30326 | 404.231.2232This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM/IPG

Investment HighlightsPROPERTY TYPECommunity Center

OFFERING GLA192,157± SF

LAND AREA20.74± AC

OCCUPANCY87.21%

YEAR BUILT/ RENOVATED1964/1993,2014 & 2015

PRICEMarket to Establish

JULY 2019 (AS-IS) ANNUALIZED NOI$1,438,200

DEBTFree & Clear

ANCHOR TENANTSThe Home Depot (Shadow) Hobby Lobby Change HealthcareT.J. Maxx

NATIONAL TENANTSPanera BreadU.S. Postal ServiceEmpire VisionworksChipotleWeight WatchersCricket Wireless

Overview

Contact KYLE STONIS, CCIMManaging Principal, IPG 678.420.1393 kyle.stonis@srsre.com PIERCE MAYSON Principal, IPG 404.231.4696pierce.mayson@srsre.com

JONATHAN LAPATManaging Principal, IPGNY License No. 10491207392

SHADOW-ANCHORED BY THE HOME DEPOT – the world’s largest home improvement specialty retailer with a signifi-cant regional consumer draw

STRONG, NATIONAL, RETAIL ANCHORS – Home Depot (shadow), Hobby Lobby and T.J.Maxx – and growing med-ical anchor, Change Healthcare, accounts for 80.1% of the Total GLA

‘MAIN AND MAIN’ LOCATION AT QUEENSBURY’S RETAIL CROSSROADS, across the street from Walmart Supercen-ter and Aviation Mall, and surrounded by ancillary retail draws like Starbucks, KFC, McDonald’s, Texas Roadhouse, Pizza Hut, Subway, Ace Hardware and more

AFFLUENT CUSTOMER BASE highlighted by an average household income of $91,202 within one mile of the Property

OVER FIVE (5) YEARS OF AGGREGATE ANCHOR LEASE TERM REMAINING, bolstered by Hobby Lobby’s selection of Northway Plaza for its Queensbury store, T.J. Maxx’s re-location from Aviation Mall and Change Healthcare having expanded twice at the Property with tenure since 2001

OFFERING PROVIDES INVESTORS WITH A LUCRATIVE VALUE-ADD COMPONENT via the lease-up of 24,571± SF, representing roughly 14.6% of the Center GLA

EXCLUSIVELY PRESENTED BY SRS INVESTMENT PROPERTIES GROUP

ANCHORED MULTI-TENANT INVESTMENT OFFERING

Northway Plaza820 State Route 9 | Queensbury, NY 12804

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM/IPG

SRS REAL ESTATE PARTNERS3445 Peachtree Rd NE, Suite 950 | Atlanta, GA 30326 | 404.231.2232

MARKETAERIAL

PROPERTYAERIAL

ANCHORED MULTI-TENANT INVESTMENT OFFERING

Northway Plaza820 State Route 9 | Queensbury, NY 12804