Property Details

Walgreens

Baltimore, MD
Property ID: 10123

Financial Summary

Asking Price $3,335,000
Cap Rate 6.00%
Net Operating Income (NOI) Call for Details
Lease Type NN

Offering Memorandum

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Contact

Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Historic trophy building recognized as the Chicago Title Building
  • Ground floor retail condo; Walgreens responsible for 100% of unit costs
  • Irreplaceable real estate; high barriers to entry, corner location
  • Recent 7 year lease extension shows tenant's commitment to the location
  • Long-term occupancy &amp operating history since 2000
  • Investment "BBB" grade credit rating

Net Lease Advisor

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Location

17 E Fayette St
Baltimore, MD

Traci BidingerWalgreens