Contacts
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SRS Real Estate Partners
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SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 10,667 SF
- Date Updated Feb 19, 2025
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, Walgreens investment property located in Baltimore, Maryland. The tenant, Walgreen Co., recently signed a new 15 year lease with 12 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day..
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Baltimore, MD
- Neighborhood Towson
- Zip Code 21286
- Market Baltimore
Points of Interest
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Falls Road
3.89 miles
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Mount Washington
4.14 miles
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Timonium
4.32 miles
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Cold Spring Lane
4.69 miles
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Woodberry
5.12 miles
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Fairgrounds
5.35 miles
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North Avenue
5.60 miles
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Baltimore Penn Station
5.73 miles
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Mount Royal / MICA
5.82 miles
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Johns Hopkins Hospital
5.99 miles
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BP
0.08 miles
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Carroll Motor Fuels
0.10 miles
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Ever Green
0.14 miles
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Exxon
0.69 miles
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Tesla Supercharger
0.79 miles
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Wawa
0.79 miles
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Excel
0.93 miles
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Royal Farms
0.93 miles
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Marathon
1.00 miles
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Rio
1.04 miles
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Park here for Herring Run Nursery
0.83 miles
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Pollard's Towing
1.06 miles
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Cromwell Bridge Park & Ride
1.24 miles
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South Parking Lot
1.58 miles
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Baltimore County Library Parking Garage
1.59 miles
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Glen Garage
1.62 miles
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Towson Square Garage
1.63 miles
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Delaware Ave Lot
1.65 miles
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Lot 11
1.69 miles
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Parking C
1.71 miles
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McDonald's
0.02 miles
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Hip Hop Fish & Chicken
0.06 miles
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IHOP
0.06 miles
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Taco Bell
0.07 miles
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Lombardi’s Pizza & Grill
0.08 miles
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Domino's
0.09 miles
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Chen's Kitchen
0.10 miles
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Subway
0.11 miles
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N.Y. Fried Chicken & Seafood
0.11 miles
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Island Quizine
0.11 miles
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ALDI
0.08 miles
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Giant
0.16 miles
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Target
0.71 miles
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Weis
0.74 miles
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Marshalls
0.78 miles
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TJ Maxx
0.78 miles
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Sprouts Farmers Market
0.95 miles
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ShopRite
1.13 miles
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Big Lots
1.26 miles
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Nordstrom
1.66 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.