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Former Walgreens Drugstore with Drive-Thru
For Sale
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585 Marketplace Dr, Bel Air, MD 21014

Former Walgreens drugstore with drive-thru, leased to Walgreens through March 2034, with excellent access and visibility at a key intersection.

Property Size12,547 SF
Days on Market260

Property Features for 585 Marketplace Dr

General Information

Standard status Active
Size 12,547 SF
Property subtype RETAIL
Listing Agency: Lincoln Property Company | Baltimore
Listed By: Brent Prossner
Source: Moodyscre
Added: Nov 12, 2025 Changed: Jul 30 Last Checked: Jul 30 at 2:28AM

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 Lincoln Property Company | Baltimore

Investment Insights

Based on property information with market context.

Former Walgreens drugstore with drive-thru, offered with an in-place lease to Walgreens through March of 2034. The property includes 8,600 SF plus an additional 3,947 SF mezzanine level.

The site is located at the main intersection in the heart of Bel Air with excellent access and visibility. Nearby retail includes Target, Home Depot, and DICK’S Sporting Goods. Upper Chesapeake Medical Center (4,000± employees and staff, 277 beds) is located less than one mile east.

A separate ground lease is in place and is not included in the sale.

Key Highlights

  • In‑place lease to Walgreens through March 2034
  • Former Walgreens with drive‑thru
  • 8,600 SF retail building plus 3,947 SF mezzanine

Property Analytics

Current Use

Robert Kreymer Pharmacy

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Auto Parts Store Hotel & Motel Electrical Service Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,683
Businesses Nearby
801k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 26% Shops & Services 20% Apparel 19% Superstores 16%
Target Superstores
128,955 visits/mo 0.1 miles
DICK'S Sporting Goods Apparel
60,187 visits/mo 0.3 miles
Macy's Apparel
53,004 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
52,352 visits/mo 0.2 miles
Chick-fil-A Dining
47,645 visits/mo 0.4 miles

Demographics for 21014, MD

38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
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

  • MacPhail Pharmacy at Upper Chesapeake — 510 Upper Chesapeake Dr #414, Bel Air, MD 21014
  • MacPhail Pharmacy — 615 W MacPhail Rd Suite103, Bel Air, MD 21014
  • Andrea Bendewald, PharmD — 500 Upper Chesapeake Dr, Bel Air, MD 21014
  • Kristen E. Moffa, PharmD — 500 Upper Chesapeake Dr, Bel Air, MD 21014
  • Leo C. Weber, Pharm — 500 Upper Chesapeake Dr, Bel Air, MD 21014

Frequently Asked Questions

What type of property is this?
Drug store - Former Walgreens drugstore with drive-thru, leased to Walgreens through March 2034, with excellent access and visibility at a key intersection.
Where is this drug store located?
The property is located at 585 Marketplace Dr Bel Air, MD.
What are key features of this property?
This property features: In‑place lease to Walgreens through March 2034; Former Walgreens with drive‑thru; 8,600 SF retail building plus 3,947 SF mezzanine
(410) 659-1234 Call to check price and availability
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