This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
300 Pulaski Hwy
Joppa, MD 21085
Walgreens · Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
About 300 Pulaski Hwy , Joppa, MD 21085
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. Walgreens also just extended its lease an additional 7 years, leaving 12 years remaining in the current lease term, proving further dedication to this site. There are five, five year options to renew the lease each 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. As of February 2018 this property became a Walgreens as part of the Walgreens' acquisition of 1,900+ Rite Aids. Walgreens Boots Alliance, which currently operates as the second-largest pharmacy store chain in the United States, is a global pharmacy retailer, wholesaler and distributor of health and well-being products. As of May 31, 2018, the company operated 9,964 locations in all 50 states, the District of Columbia, Puerto Rico and Guam, and 4,734 health and beauty retail stores internationally, as well as walgreens.com, boots.com and duanereade.com.
Links
PROPERTY TAXES
Parcel Number | 01-001728 | Improvements Assessment | $1,864,000 |
Land Assessment | $1,176,800 | Total Assessment | $3,040,800 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 14605331
Date on Market: 12/11/2018
Last Updated:
Address: 300 Pulaski Hwy, Joppa, MD 21085
The Retail Property at 300 Pulaski Hwy, Joppa, MD 21085 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.