Pharma Property Group Markets For Sale Walgreens Anchored Center in Oxford, PA

Pharma Property Group is pleased to market for sale a Walgreens anchored center located at 2233-2235 Baltimore Pike in Oxford, Pennsylvania. This center benefits from limited retail/drugstore competition in the immediate area with the next nearest Walgreens over 11 miles away. The lease with Walgreens was recently extended to a firm 10 years of term showing the tenant’s commitment to this location.

Chris Barry with Pharma Property Group is representing the seller and stated the following: “This is a unique opportunity with Walgreens guaranteeing over 75% of the income and with the complimentary tenants providing rental increases on an annual/semiannual basis, which is rare for most Walgreens investment opportunities.”

“Our team remains very active despite the current challenging interest rate environment and we continue to serve as an invaluable resource as we assist our clients in navigating the continuously evolving marketplace,” stated Mr. Barry.

Pharma Property Group (PPG) has over $2.5 Billion in closing transaction experience and specializes in providing commercial real estate services to landlords who own properties occupied by Walgreens, CVS and Rite Aid.  Pharma Property Group is one of the top brokerage firms in the country in drugstore property closing volume and has an unparalleled drugstore marketing platform providing access to the largest pool of drugstore landlords in the nation.

Chris Barry, Partner

Pharma Property Group
1979 Chicago Street
San Diego, CA 92110
www.pharmapropertygroup.com
Office: (858) 860-6591