Oxford, PA

• Recent 10 Year Extension showing Walgreens commitment to this location.

• This Walgreens benefits from limited competition with no other Walgreens for over 11 miles, and no competing CVS for over 2 Miles.

• Property is located within the Philadelphia-Camden-Wilmington Metropolitan Statistical Area, the 8th largest MSA in the United States with a population of over 6.2 million people.

• The average household income within a 1-mile radius is $107,926, within a 3-mile radius it is $104,930 and within a 5-mile radius it is $112,191.

• Apart from Walgreens, the three additional tenants have lease expirations over the next few years providing a potential value add component.

Pharma Property Group is pleased to market for sale the Walgreens anchored center located at 2233-2235 Baltimore Pike in Oxford, Pennsylvania (the "Property"). This Property has been operating as a pharmacy for 21 years, and Walgreens recently extended their lease for an additional 10 years, showing their commitment to this location. Walgreen's lease includes rental increases of 5% every 5 years throughout the initial term and option periods, with the next increase coming in September of 2029.

In addition to the Walgreens building, this offering also includes a second building on the same parcel, which is leased to three tenants (Dominos, Smoke Depot, and Big Foot Express). Each of these three leases features rental increases throughout the initial term with expirations coming in the next few years, providing a value-add opportunity for potential investors. The Property is situated on an oversized 100,188 square foot, highly visible hard corner parcel. The parcel is zoned C2 (Neighborhood Commercial District) and allows investors future commercial, residential, or mixed-use redevelopment opportunities.

The Oxford market is experiencing new growth and development in the community, including residential projects such as The Meadows at Wicklow, Wicklow Heights, and Sycamore Crossings, totaling over 350 new construction homes within 2 miles of the Property.

This Walgreens benefits from limited competition with the next nearest Walgreens over 11 miles away to the northeast. Walgreens recent extension shows a clear commitment to this location, and the surrounding community, well into the future. The Property is strategically located near US Highway 1, a major thoroughfare from Philadelphia to the north and Baltimore to the south.