Fallston CVS (Ground Lease)

Description:

Brexton Commercial is proud to offer for sale a NNN ground-leased CVS Pharmacy, located at 228 Mountain Road in Fallston, Maryland. Originally developed as a build-to-suit for CVS in 2012, the property has over 12 years remaining on its initial
25-year lease.

Positioned on a prominent corner at the signalized intersection of Mountain Road (MD-152) and Belair Road (US-1), the site enjoys exceptional visibility along one of the area’s busiest thoroughfares. It is surrounded by a strong mix of national retailers and benefits from excellent exposure within a high-income trade area marked by robust demographics and projected population growth.

This triple-net ground lease offers a passive investment opportunity. The property is anchored by a creditworthy tenant in a prime suburban location, providing dependable cash flow and long-term stability.

Fallston is a census-designated place in Harford County, Maryland, with a population of 9,954 and covering 14 square miles. Located about 40 minutes from Baltimore, it is primarily served by Maryland Route 152 and also accessible via U.S. Route 1, and the Subject Property is located at the intersection of these two roads. The community offers a rural feel where most residents own their
homes, and it attracts many retirees. Fallston has a high median household income of $154,022, roughly 1.5 times the Maryland average, and is known for its highly rated public schools. Fallston is approximately 25 miles northeast of Baltimore and 10 miles northwest of Bel Air, the Harford County seat. The town offers easy access to Interstate 95, connecting residents to the Greater Baltimore-Washington Metro area.

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