This free-standing Walgreens is situated on the southeast corner of Main Street (Maryland Route 18) and Dominion Road (Route 552) in Kent Island (Chester), Maryland. This new store is just over the Kent Island Bridge off Route 50 East, one of the most traveled highways in Maryland. Uniquely, the site is at the first intersection after the Route 50 overpass ramp that permits traffic to access the site from northern Kent Island and traffic heading west on Route 50. East of the subject property is Queen Anne Medical Center. A Rite Aid is located at the opposite corner in an older, smaller prototype. Across Main Street is Kent Towne Market II and Kent Towne Marketplace with over 125,000 total square foot. Kent Town Marketplace is anchored by Safeway, and both centers boasts a mix of local and national tenants including Ace Hardware, M&T Bank, Dairy Queen, Burger King, Subway, and Taco Bell. Chevy Chase Bank, Mr. Tire and a Starbucks recently opened in the immediate area. West of the subject property are a number of retail centers. Thompson Creek Shopping Center, anchored by Food Lion; a Kmart anchored center, and an Acme anchored center. This area boasts a 20 percent growth rate over the past ten years. Within a ten-mile radius, there are approximately 37,000 people with an average household income of $106,489. The unemployment rate is less than two percent within this radius.

This newly-constructed Walgreens in Chester, Maryland is ideal for the 1031 buyer or investor seeking a high quality, Mid-Atlantic location within a short drive of Washington, D.C., Annapolis or Baltimore, Maryland. Kent Island is a popular vacation and bedroom community for each of the aforementioned cities. Conveniently served by Route 50, an eight-lane divided highway, this site benefits not only from an affluent demographic of residents, but also from immense seasonal traffic that must cross the Bay Bridge on its way to the Maryland and Delaware coastal vacation areas. This store is situated upon a large 1.75-acre parcel and will benefit from its strong location at the first intersection after the Route 50 overpass. In addition, Walgreens plans on closing a successful inline location about one mile away and consolidating its business into this store. Clearly, the tenant