This offering represents a unique chance to acquire a trophy asset with secure, high-quality tenancy in an irreplaceable location. Vernon Place Shops presents a compelling investment for discerning investors seeking long-term stability and appreciation in a fundamentally strong and protected market. The significant tenancy from Fresh Market and NewYork- Presbyterian provides a secure and reliable income stream, representing a substantial majority of the center’s revenue will reveal the inherent value proposition of owning commercial real estate in such a coveted market.

• Dominant Anchors in a Fortress Market – The property boasts a significant majority of its income derived from Fresh Market, a high-end grocer catering to the affluent Scarsdale demographic, and NewYork-Presbyterian, a leading healthcare provider ensuring consistent traffic and stability. This strong anchor tenancy minimizes risk and provides a reliable income foundation in one of the highest barrier-to-entry markets nationwide.
• Trophy Location in Scarsdale, NY – Situated in Scarsdale, Westchester County, this asset benefits from its location within an exceptionally affluent and supply-constrained market. Scarsdale’s stringent zoning, limited developable land, and strong community preservation efforts create a significant barrier to new retail competition, ensuring the long-term viability and desirability of existing commercial properties like Vernon Place Shops.
• Captive Affluent Customer Base – Scarsdale’s demographics are characterized by high household incomes and strong purchasing power. Vernon Place Shops directly serves this affluent customer base, ensuring consistent demand for the goods and services offered by its tenants and supporting their long-term success.
• Long-Term Tenants In-Place – Over 50% of tenants have been at the center for over 10 years, reducing turnover risk and providing stable cash flow.