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Retail

Permanent

  • $5,050,000
  • 79,609 SF Grocery Anchored Retail
  • Catskill, NY

Axiom Capital Corp. has arranged $5,050,000 in permanent financing for the refinance of a grocery anchored retail plaza located in Catskill, NY. The Property is a convenience shopping center for all of the surrounding communities such as Hudson Cairo, Leeds and Athens.

Price Chopper has been a tenant at the Property since it was constructed in 1999. Other tenants include, but are not limited to: Dollar Tree, Label Shopper, Cricket Wireless, Catskill Liquors, Lemon Tree Hair Salon and New Fantastic Nail & Spa. The Property’s excellent balance of convenience and necessity-based local tenants limits the impact of e-commerce competition.