300 Pulaski Hwy
Joppa, MD 21085

AS OF 2/27/18 THIS PROPERTY BECAME A WALGREENS AS PART OF THE WALGREENS' ACQUISITION OF 1,900+ RITE AIDS CBRE is pleased to exclusively present for sale this Walgreens property located in Joppa, Maryland. Walgreens has been operating at this site since 1998, showing commitment to and success at this location. There are currently 5 years remaining in the current lease term, and Walgreens recently extended its lease early showing additional dedication to the site. There are five, five year options remaining with increases. This property also features the Wellness Concept which is reserved for the top 25% of stores. The concept includes GNC's store within a store concept, and an expanded offering of pharmacy services and health and wellness products. This double net lease offers minimal landlord responsibilities and is corporately guaranteed by Walgreens, rated BBB by Standard & Poor's. This 11,980 square foot building is ideally situated at the signalized intersection of Pulaski Highway (Rt 40) and Joppa Farm Road with combined traffic counts over 41,000 vehicles passing by daily. There are 5,613 people within 1 mile of the site, 29,404 people within 3 miles and 84,929 people within 5 miles. Nearby tenants include Dunkin' Donuts, Dollar Tree, Redner's Warehouse Markets, Wendy's, Dollar General, Sheetz and 7-Eleven. There is minimal drug store competition within a 2 mile radius, making this a go to store for surrounding neighborhoods, including The Homes of Towne Plaza Apartments, a 417 unit complex located directly across from Walgreens.