INVESTMENT HIGHLIGHTS
LONG TERM LEASE: Walgreens has 10 years remaining on their primary lease followed by fifty (50), 1-year renewal options.
STRONG STORE SALES: Walgreens has performed well at this location and has a history of strong Store Sales. Contact the listing agent for more detailed information.
STRATEGIC RETAIL LOCATION: The Property is situated at the signalized intersection of Woody Terrace and Woodyard Road (MD Route 223), the area’s primary commercial corridor, and is adjacent to Branch Avenue (MD Highway 5), one of the area’s main north-south commuter corridors. The Property enjoys outstanding visibility and has four (4) points of entry and egress. Walgreens is part of a shopping center that is also home to TD Bank and Goodwill and is across the street from Woodyard Crossing Shopping Center, a 540,000 square foot regional center anchored by Walmart, Lowe’s, and Safeway. Additionally, the Property is seconds from the Landing at Woodyard, a 221,000 square foot retail center anchored by Aldi, Burlington, and Marshalls. Both shopping centers are also home to numerous other national retailers and restaurants that drive traffic to the area.
