9110 Liberty Rd - Drug Store FOR SALE


Randallstown, MD 21133
$5,375,323 USD
404-504-7900
9110 Liberty Rd, Randallstown, MD for Sale
$5,375,323 USD
Drug Store - FOR SALE
1/11
null | 6.2% Cap Rate

9110 Liberty Rd
Randallstown, MD 21133


HIGHLIGHTS

  • Brand New NNN Lease
  • 5% Rent Increases Every 5 Years & in Each of the Twelve, 5-Year Renewal Options
  • Located along Liberty Road (22,173 VPD), just feet from it's Intersection with Offutt Road (7,674 VPD)
  • Within Feet of the 113,516 SF Randallstown Plaza Shopping Center (Family Dollar, Subway, HHT Fitness, Davita Dialysis, etc.)
  • 9.4 MSF Retail, 10.7 MSF Office, 2.8 MSF Industrial & 27,990 Multifamily Units Within 5 Miles
  • Less Than 11 Miles from Downtown Baltimore | MSA Population: 2.87M+

OVERVIEW

CBRE is pleased to exclusively offer for sale the 14,448-square-foot Walgreens situated on 2.26 acres in Randallstown, MD - a component of the Baltimore-Columbia-Towson, MD MSA (Population: 2.87M+). Walgreens’ NNN lease recently commenced in November 2023 and features ±14.0 years of term remaining with 5% rent increases every 5 years throughout the term and in each of the twelve 5-year renewal options.

FOR SALE DETAILS

PRICE

$5,375,323 USD

PRICE/SF

$372 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens: Randallstown, MD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

-

APN/PARCEL ID

02-2300011587

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.