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9621 Belair Road, Baltimore, MD, 21236

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Walgreens

$4,995,000

Key Information

Cap Rate
7.79%
Tot. SF
15,120
Year Built
2001
Type
Retail
Occupancy
100%
NOI
$389,000

Highlights

• Located in Perry Hall / Nottingham along the heavily traveled Belair Road retail corridor within the Baltimore MSA—a dense, established market that consistently attracts strong private and institutional retail investment throughout the Mid-Atlantic.
• Well-situated along Belair Road (US-1) at the signalized junction near Honeygo Boulevard and Silver Spring Road, capturing steady daily commuter traffic and serving a dense, captive residential base across Perry Hall and White Marsh.
• Walgreens has ±3.7 years of firm lease term remaining, with monthly visits exceeding 17,000 (Per AlphaMap) — demonstrating a dependable, recession-resilient operating history at this location.
• Surrounded by high-volume traffic drivers including Giant Food, Royal Farms, Dunkin’, and nearby regional retail nodes such as White Marsh Mall and The Avenue at White Marsh, driving steady customer synergy to the corridor throughout the day.
• Extremely affluent, growing trade area highlighted by an Average Household Income of $132,037 within 3 miles of the property.

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Location

Agents

Broker of Record

Kyle Matthews

License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203