INVESTMENT HIGHLIGHTS
• | Walgreens Anchored Retail Center - Long Term Leases - Scheduled Rental Increases |
• | Walgreens Pikesville is one of the most visited Walgreens in the Region and Top 15% in the USA |
• | Solid and predictable cash flow driven by the long-term lease to strong performing Walgreens |
• | 25,476 sf Walgreens anchored shopping center located just one-half mile inside the Baltimore Beltway. |
• | Long term Walgreens (S&P: BBB) lease provides 89% of the base rental income and occupies 75% of the GLA |
• | Scheduled 3% annual rental increases for ASAP Cleaners and Girlkin Lashes Salon |
• | Value add potential in 735sf of available space |
• | Located at Signalized Hard Corner Intersection at dense retail Corridor with a combined 63,600 VPD |
• | Nearly 2 Acre signalized corner parcel |
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