Skip to main content
Commercial For sale Retail Shopping Mall

CVS Anchored Strip Center - New York 12533

415 Route 376, Hopewell Junction, New York 12533

Price not disclosed
Listed Dec 19, 2024
51,940 sqft
Lot

About this property

CVS Anchored Strip Center - New York 12533 is a retail for sale in Hopewell Junction, New York. Key details: lot size 51,940 sqft, occupancy 85%, property status Normal Sale, building status Existing. Listed by Tom Cervone of CR Properties Group, LLC on LoopingCloud and last updated May 18, 2026.

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:

  • 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.

  • 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.

  • 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.

  • 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:

  • 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.

  • 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.

  • 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:

  • 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.

  • 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:

  • 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.

  • 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.

  • Elite Logistics Framework: Sitting less than 7 minutes from both the Taconic Parkway and I-84 ensures effortless shopping access for regional commuters.

  • Strong Tenant Synergy: The multi-tenant layout offers an investor perfect risk diversification, combining national credit stability with high-margin local service providers.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Lot Size
51,940 sqft
Occupancy
85%
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only - - - - -

Location

Address as shown by the lister.

Get directions

About this area - Hopewell Junction

Population
22,254
Housing units
7,845
Land area
50.2 sq mi
County
Dutchess

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Frequently asked questions

Where is CVS Anchored Strip Center - New York 12533 located?

The property is in 415 Route 376, Hopewell Junction, New York 12533, Dutchess County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The lot is 51,940 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Tom Cervone of CR Properties Group, LLC listed this property. Use the Request Info button to send a message or call 845-485-3100 x3.

When was this listing published?

It was published on December 19, 2024 and last updated on May 18, 2026.

Listing information

Listing ID
CL-New York-13294
Published
Dec 19, 2024
Last updated
May 18, 2026
Views
232

Report a problem with this listing

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

More from Tom Cervone

Similar properties

$4,453,448
Commercial Sep 2, 2026
21525 sqft Retail Free Standing

Saver’s

3701 McKinley Parkway Blasdell, New York 14219

$2,142,850
Commercial Aug 28, 2026
13905 sqft Retail Free Standing

Walgreens

4815 Broadway Depew, New York 14043

$1,600,000
Commercial Jul 28, 2026
9026 sqft Retail Free Standing

Dollar General | Investment Grade Credit Tenant | Absolute NNN

135 E Main St. Angelica, New York 14709

Get your mortgage or real estate services seen on every listing

Call