3106 Solomons Island Rd 14,820 SF Retail Building Edgewater, MD 21037 $2,982,000 ($201.21/SF) 11% Cap Rate

Labcorp began in 1969 as a small clinical laboratory in North Carolina and has grown into a life sciences and healthcare company focused on helping guide health decisions. The company serves patients, healthcare providers, health systems, and biopharma organizations with diagnostic testing, specialty laboratory services, clinical trial testing, real-world data, and commercialization support for therapies. Labcorp also expanded its drug development capabilities through the Covance acquisition, linking laboratory science with research, regulatory support, and development services across its broader business.

Sonic Drive-In began as a small root beer stand in Shawnee, Oklahoma, and later adopted the SONIC name after early locations were established in the 1950s. The company built its identity around drive-in service, carhop delivery, and made-to-order food, with a menu centered on burgers, hot dogs, chicken, breakfast items, sides, desserts, and fountain drinks. Sonic Drive-In is now part of the Inspire Brands family of restaurants and continues to operate as a major drive-in restaurant brand in the United States. The business also supports mobile ordering, app-based rewards, and participating-location pickup through its digital platform.

Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.