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6700 Ritchie Hwy
Glen Burnie, MD 21061 Ferndale

$2,465,000 USD

Drugstore For Sale  •  14,490 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,490 SF
  • Lot Size 1.59 AC
  • Building Class B
  • Year Built 2005
  • Zoning C-3
35 Transit Score
79 Walk Score

Highlights

Strong NNN Lease | The site is subject to a triple net lease with no landlord responsibilities.
50 Years of Renewal Options | There are 10, 5-year renewal options, providing a secure and long-term source of income.
Ground Rent Coverage | Walgreens pays the annual ground rent of $255,000.

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Car Charging Station

Public Transportation

Commuter RailDriveWalkDistance
Bwi Airport (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 14 min - 6.0 mi
Halethorpe (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 13 min - 7.3 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 13 min - 5.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 69
Type: Surface
Included in Rent: Yes
Glen Kunofsky 332-345-4222 NNN Pro Group
Glen Kunofsky 332-345-4222 NNN Pro Group