130,543 SF Shopping Center
Purchase date: September 2020
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Hannaford Plaza is anchored by a consistently high performing Hannaford Brothers Market, a growing regional grocer with over 180 locations. In addition to Hannaford Brothers who have recently executed a five-year extension option through June 2028, the Property includes Rite Aid, and Dollar Tree. Currently 85% leased, recent capital improvements have generated immediate interest in 6% of the vacancies. The property offers high, stable in-place cash flow with attractive financing.