CVS Absolute NNN Ground
For Sale
Contact for pricing
Pending
2 Ashton Rd, Ashton, MD 20861
Long-term occupancy includes multiple renewal options and scheduled rent increases.
Property SizeContact for details
Lot Size1.53 Acres
Days on Market140
Property Features for 2 Ashton Rd
General Information
Standard status
Pending
Lot size
1.53 Acres
Property subtype
Retail
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
KLNB Commercial Real Estate Services
Listed By:
Christopher Burnham · License #MD
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 2:23PM
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 KLNB Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This CVS property is subject to an Absolute NNN Ground Lease established when the store was constructed in 2016. The lease has more than 16 years remaining in its base term, followed by four five-year extension options. Each option provides for a 10% rental increase. The 1.53-acre site is positioned at the signalized intersection of New Hampshire Avenue and Ashton Road, with access from both roads and multiple ingress and egress points.
The property serves an established residential trade area with more than 96,000 residents within five miles and average household incomes exceeding $200,000. It is identified as the only national pharmacy within a three-mile radius and one of three within five miles. The surrounding area is projected to continue growing through 2029.
The property serves an established residential trade area with more than 96,000 residents within five miles and average household incomes exceeding $200,000. It is identified as the only national pharmacy within a three-mile radius and one of three within five miles. The surrounding area is projected to continue growing through 2029.
Key Highlights
- Absolute NNN Ground Lease with more than 16 years remaining in the base term
- Four five‑year extension options, each with a 10% rental increase
- CVS store constructed in 2016
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
8,946 visits/mo
0.1 miles
Exxon
Shops & Services
5,614 visits/mo
0.1 miles
Demographics for 20861, MD
3,067
Population
1,007
Households
3
Avg Household Size
46
Median Age
71%
College-Educated
87%
High-School Grad
5.2 sq mi
ZIP Area
590
Density / Sq Mi
$176,094
Median Household Income
$58,268
Median Earnings
$956,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Long-term occupancy includes multiple renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 2 Ashton Rd Ashton, MD.
What are key features of this property?
This property features: Absolute NNN Ground Lease with more than 16 years remaining in the base term; Four five‑year extension options, each with a 10% rental increase; CVS store constructed in 2016
