7953 Crain HwyGlen Burnie, MD 21061

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Walgreens pharmacy located at 7953 Crain Hwy S, Glen Burnie, MD 21061, within the Baltimore Metropolitan Statistical Area. The property, built in 2004, encompasses 13,650 square feet on a 1.15-acre lot and features a drive-thru. The Class A building is currently 100% occupied under a lease with Walgreens, the second-largest pharmacy chain in the United States, operating approximately 8,700 locations. The lease commenced June 1, 2004, and has a remaining term of approximately 4.8 years, with ten 5-year renewal options. The current lease expiration date is August 31, 2029. The property boasts a strong NOI of $414,999, resulting in an attractive 8.50% cap rate and a price per square foot of $357.68. The asking price for this exceptional net lease investment is $4,882,352. This is a rare opportunity to acquire a high-performing, low-maintenance investment property anchored by a credit-rated tenant in a densely populated and commercially active area. The property's strategic location on heavily trafficked Crain Highway ensures high visibility and accessibility. This investment offers a secure and stable income stream with significant long-term growth potential.