9110 Liberty Rd Randallstown, MD 21133

This exceptional investment opportunity presents a 14,448-square-foot Walgreens pharmacy in Randallstown, Maryland, boasting a strong 6.20% cap rate and a substantial net operating income (NOI) of $333,270. The property, built in 2001 and situated on a 2.26-acre lot, benefits from a long-term NNN lease with Walgreens expiring November 30, 2038, providing approximately 14 years of remaining lease term. The lease includes twelve 5-year renewal options with a 5% rent increase every five years and in each option period. This strategically located property enjoys excellent visibility and accessibility along Liberty Road (22,173 vehicles per day), near the intersection with Offutt Road (7,674 VPD), and approximately 3.3 miles from Interstate 695 (199,882 VPD). Its proximity to other major retailers, including 7-Eleven, Advance Auto Parts, and the Randallstown Plaza Shopping Center, further enhances its appeal. The property's location within Randallstown's primary retail and commercial corridor, surrounded by a significant student population and close to Northwest Hospital, contributes to its strong tenant base and consistent cash flow. The property is part of the Baltimore-Columbia-Towson, MD MSA, a large metropolitan area with a diverse economy and strong employment base. This presents a compelling investment opportunity with significant long-term potential. The asking price is $5,375,323, translating to a price per square foot of $372.05.