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Walgreens 496 Ritchie Hwy

14,784 SF Retail Building Severna Park, MD 21146 $14,751,994 CAD ($998 CAD/SF) 8.75% Cap Rate

Drug Stores Maryland Severna Park 496 Ritchie Hwy, Severna Park, MD 21146

Executive Summary

- Adjacent from Giant Anchored Shopping Center
- Baltimore MSA
- Huge Traffic Counts of 53,000 VPD, Located on Route 2 (Ritchie HWY)
- Extremely Strong Demographics, Avg. HHI $215,828 within 1 Mile Radius
- Strong Population, 47,513 within 3 mile radius
- Retail market with vacancy of only 2.1%

Attachments

Severna Park Pharmacy OM_compressed

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,784 SF
Building Class
B
Year Built
2009
Price
$14,751,994 CAD
Price Per SF
$998 CAD
Cap Rate
8.75%
NOI
$1,290,799 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Land Acres
1.03 AC
Zoning
C3
Parking
15 Spaces (1.07 Spaces per 1,000 SF Leased)
Frontage
177 ft on Ritchie Hwy

Amenities

  • Pylon Sign
  • Drive Thru
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496 Ritchie Hwy, Severna Park, MD - aerial map view - Image1
496 Ritchie Hwy, Severna Park, MD - aerial map view - Image2
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

ALDI
Club Pilates
Fulton Bank
Fitness Together
F45 Training, Inc.
Fit4Mom
Starbucks
iLoveKickboxing
Five Guys
MOD Pizza

PROPERTY TAXES

Parcel Number 03-000-90014642 Improvements Assessment $3,600,380 CAD
Land Assessment $1,455,425 CAD Total Assessment $5,055,804 CAD

PROPERTY TAXES

Parcel Number
03-000-90014642
Land Assessment
$1,455,425 CAD
Improvements Assessment
$3,600,380 CAD
Total Assessment
$5,055,804 CAD
(732) 837-4060

  • Listing ID: 31520834

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: 496 Ritchie Hwy, Severna Park, MD 21146

The Retail Property at 496 Ritchie Hwy, Severna Park, MD 21146 is currently available For Sale. Contact Bennett Realty & Development for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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496 Ritchie Hwy, Severna Park, MD for sale Primary Photo- Image 1 of 7
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496 Ritchie Hwy, Severna Park, MD for sale Building Photo- Image 3 of 7
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496 Ritchie Hwy, Severna Park, MD for sale Aerial- Image 4 of 7
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496 Ritchie Hwy, Severna Park, MD for sale Building Photo- Image 5 of 7
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496 Ritchie Hwy, Severna Park, MD for sale Aerial- Image 6 of 7
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Walgreens | 496 Ritchie Hwy
(732) 837-4060 x

Walgreens | 496 Ritchie Hwy

Nick Binder

(732) 837-4060

(732) 837-4060

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