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Walgreens Drive-Thru Retail Building
For Sale
Contact for pricing
Pending

13415 Pennsylvania Ave, Hagerstown, MD 21742

Newly completed Walgreens drive-thru prototype with a firm 10-year corporate lease and triple-net structure.

Days on Market110

Property Features for 13415 Pennsylvania Ave

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Built 2022
Tenancy Single
Listing Agency: Goodman Real Estate Services Group LLC
Listed By: Kyle Hartung · License #OH SAL.2003016343
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 29 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate Services Group LLC

Investment Insights

Based on property information with market context.

For sale is the fee simple interest in a brand-new Walgreens Co. retail property in Hagerstown, Maryland, completed in June 2022. The building is the company’s newest small-format drive-thru prototype and is designed to support a streamlined retail mix focused primarily on prescriptions and over-the-counter medication. The lease is triple net and includes a firm, corporately-guaranteed 10-year initial term with options.

The property is located less than one block from Volvo’s Diesel Engine manufacturing facility, which has more than 1,500 on-site employees. Hagerstown Regional Airport is just north of the location, and the city is about 30 miles from greater Washington, D.C., supporting ongoing workforce and commerce between the two markets.

Key Highlights

  • Newly completed Walgreens small‑format drive‑thru prototype completed in June 2022
  • Fee simple interest offered with a new corporate lease with Walgreen Co.
  • Triple‑net lease with a firm, corporately‑guaranteed 10‑year initial term plus options

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Pharmacy FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Restaurant HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21742, MD

33,069
Population
14,099
Households
2.3
Avg Household Size
42
Median Age
30%
College-Educated
90%
High-School Grad
46.5 sq mi
ZIP Area
711
Density / Sq Mi
$80,533
Median Household Income
$45,717
Median Earnings
$1,267
Median Rent
$280,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Walgreens Pharmacy — 13415 Pennsylvania Ave, Hagerstown, MD 21742
  • Michael R. Swarner, RPH — 13424 Pennsylvania Ave, Hagerstown, MD 21742
  • Walgreens — 13415 Pennsylvania Ave, Hagerstown, MD 21742
  • Bobbi J. Hilker, Pharm — 13424 Pennsylvania Ave, Hagerstown, MD 21742
  • Nicole Prum — 13424 Pennsylvania Ave #102, Hagerstown, MD 217422685

Frequently Asked Questions

What type of property is this?
Drug store - Newly completed Walgreens drive-thru prototype with a firm 10-year corporate lease and triple-net structure.
Where is this drug store located?
The property is located at 13415 Pennsylvania Ave Hagerstown, MD.
What are key features of this property?
This property features: Newly completed Walgreens small‑format drive‑thru prototype completed in June 2022; Fee simple interest offered with a new corporate lease with Walgreen Co.; Triple‑net lease with a firm, corporately‑guaranteed 10‑year initial term plus options
(216) 381-8200 Call to check price and availability
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