KLNB Retail Capital Markets, as exclusive advisor, is pleased to present the Meadows Portfolio — a 97% leased, 181,148 SF grocery-anchored offering in the Woodlawn submarket of Baltimore County, Maryland. The Portfolio consists of three separately-subdivided assets: Meadows Shopping Center (121,414 SF), anchored by Global Food with pad sites leased to PNC Bank, McDonald’s, and Taco Bell; Four Sixes (29,979 SF), a mixed-use building anchored by Dollar Tree; and the Professional Building (29,755 SF), anchored by Sage Health and GoPuff. The Portfolio benefits from a 5.1-year WALT, an average tenant tenure of 10.3 years, and a heavy credit profile with 49.4% of base rent driven by national and regional tenants.
The offering combines durable in-place cash flow with a compelling value-add thesis: lease-up of 6,341 SF of vacancy, conversion of dd’s Discounts from gross to NNN at market rents, potential pad site subdivisions for arbitrage, and the flexibility to sell Four Sixes or the Professional Building as independent assets.
Situated at the signalized intersection of Security Boulevard and Woodlawn Drive with 46,210 VPD and direct access off I-695 (194,301 VPD), the Portfolio is surrounded by 124,762 residents within 3 miles, the Social Security Administration headquarters (6,300–13,000 employees), and over 3.9 million SF of proximate office and flex demand. This offering represents a rare opportunity to acquire a grocery-anchored, multi-component portfolio of scale within the Baltimore MSA, combining stable cash flow, a battle-tested tenant roster, and a clear pathway to enhanced returns.