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Drug Store

CVS Pharmacy | 14+ Year Lease | True NNN

9820 Belair Rd, Perry Hall, MD 21128

Listing Price: $7,241,168

Cap Rate
5.65%
Tenant Name
CVS
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
7,939
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.53

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located just outside of Downtown Baltimore. The property consists of roughly 7,939 rentable square feet of building space on an estimated 1.65-acre parcel of land. CVS Pharmacy benefits from its location on Belair Road as the site sees over 31,700 vehicles each day. The site is located just 20 miles from Baltimore which brings increased traffic on a daily basis as well as strong population density including over 117,360 people residing within three miles of the property.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 14 Years of Term Remaining
  • High Traffic Area | Nearby Interstate | Good Visibility Along the Main Street
  • Corporate Guaranty | Zero Landlord Responsibilities

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s) MD: 5005538

    Maryland

Financing By

Drug Store

CVS Pharmacy | 14+ Year Lease | True NNN

Listing Price: $7,241,168

Cap Rate
5.65%
Tenant Name
CVS
Years Remaining On Lease
14.3
Guarantor
Corporate Guarantee
Rentable SF
7,939
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$51.53

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 14 Years of Term Remaining
  • High Traffic Area | Nearby Interstate | Good Visibility Along the Main Street
  • Corporate Guaranty | Zero Landlord Responsibilities

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located just outside of Downtown Baltimore. The property consists of roughly 7,939 rentable square feet of building space on an estimated 1.65-acre parcel of land. CVS Pharmacy benefits from its location on Belair Road as the site sees over 31,700 vehicles each day. The site is located just 20 miles from Baltimore which brings increased traffic on a daily basis as well as strong population density including over 117,360 people residing within three miles of the property.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (201) 742-6100

    License(s): MD: 5005538

    Maryland

Financing By

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