Skip to main content

Drug Store

National Drugstore Portfolio | Walgreens | Baltimore, MD

6301 York Rd, Baltimore, MD 21212

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
13,677
Lease Type
Absolute Net
Rent Per Square Feet
$30.64

Investment Overview

Marcus & Millichap, as an exclusive agent, is pleased to present an opportunity to acquire 11 Walgreens (NASDAQ: WBA) drugstores and one CVS (NYSE: CVS) drugstore in one transaction. Sites may be sold individually. All sites in the portfolio have net-leases that offer investors passive ownership with minimal landlord responsibilities and have guaranteed lease terms from just under 10 years remaining to leases with just under three years remaining. Baltimore is the largest city in the state of Maryland, with an estimated population of more than 614,000 in 2021, according to the United States Census Bureau. The city is known for its major seaport and harbor, distinctive neighborhoods, historical landmarks, and the renowned Johns Hopkins Hospital. The city’s thriving port complements its easy access to rail, air, and highways, making the region an attractive location for logistics-related services. Baltimore is also home to Johns Hopkins University and the University of Maryland Medical System, supporting a strong concentration of health care-related jobs in the region. The city’s major attraction is the Inner Harbor, a seaport that has been transformed into a hub of shopping, dining, and entertainment. In addition, the city has a wealth of cultural, sporting, and recreational amenities that serve both the local population and a steady stream of visitors.

Investment Highlights

  • Located within 2 miles of Towson University, University of Maryland St. Joseph Medical Center, and GBMC Healthcare
  • Nearby tenants include Panera Bread, Qdoba, Zoes Kitchen, Pei Wei, and Chipotle
  • Baltimore is the largest city in Maryland with a population of more than 614,000

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Drug Store

National Drugstore Portfolio | Walgreens | Baltimore, MD

Listing Price: Request For Offer

Tenant Name
Walgreens
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
13,677
Lease Type
Absolute Net
Rent Per Square Feet
$30.64

Investment Highlights

  • Located within 2 miles of Towson University, University of Maryland St. Joseph Medical Center, and GBMC Healthcare
  • Nearby tenants include Panera Bread, Qdoba, Zoes Kitchen, Pei Wei, and Chipotle
  • Baltimore is the largest city in Maryland with a population of more than 614,000

Investment Overview

Marcus & Millichap, as an exclusive agent, is pleased to present an opportunity to acquire 11 Walgreens (NASDAQ: WBA) drugstores and one CVS (NYSE: CVS) drugstore in one transaction. Sites may be sold individually. All sites in the portfolio have net-leases that offer investors passive ownership with minimal landlord responsibilities and have guaranteed lease terms from just under 10 years remaining to leases with just under three years remaining. Baltimore is the largest city in the state of Maryland, with an estimated population of more than 614,000 in 2021, according to the United States Census Bureau. The city is known for its major seaport and harbor, distinctive neighborhoods, historical landmarks, and the renowned Johns Hopkins Hospital. The city’s thriving port complements its easy access to rail, air, and highways, making the region an attractive location for logistics-related services. Baltimore is also home to Johns Hopkins University and the University of Maryland Medical System, supporting a strong concentration of health care-related jobs in the region. The city’s major attraction is the Inner Harbor, a seaport that has been transformed into a hub of shopping, dining, and entertainment. In addition, the city has a wealth of cultural, sporting, and recreational amenities that serve both the local population and a steady stream of visitors.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

MM Texture Background
MM Textured Background Lower