Property Details

CVS Pharmacy

Baltimore, MD
Property ID: 10024

    Financial Summary

    Asking Price $2,167,000
    Cap Rate 8.00%
    Net Operating Income (NOI) $173,360
    Lease Type NN
    The Offering Memorandum for this property is no longer available.


    Jonathan W. Hipp
    Capital Markets Head of U.S. Net Lease Group

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    • Dense in-fill location with population counts exceeding 200,000 in 3 miles
    • Established location since 1995; CVS exercised 1st option in 2015
    • Affordable rent at $13.75/SF
    • Attractive basis in the real estate at $170/SF
    • Investment grade credit (S&P: BBB)
    • Signalized corner next to Dunkin’ Donuts with traffic counts of 20,000 VPD

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit


    5407 Harford Rd
    Baltimore, MD

    Traci BidingerCVS Pharmacy