La Vale Restaurant Investment
For Sale
Contact for pricing
1203 National Hwy, Cumberland, MD
Corporate-signed Bob Evans with new 20-year NNN lease.
Property Size5,804 SF
Lot Size1.33 Acres
Days on Market445
Property Features for 1203 National Hwy
General Information
Standard status
Active
Size
5,804 SF
Lot size
1.33 Acres
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | McLean
(202) 286-1542
Listed By:
Andrew Fallon · License #CA 01732226
(202) 286-1542
Source:
Moodyscre
Added: May 14, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean
Investment Insights
Based on property information with market context.
This property features a corporate-signed Bob Evans restaurant in La Vale, Maryland. The tenant, Bob Evans Restaurants, LLC, recently signed a new 20-year absolute NNN lease, with 4 (5-year) options to extend. The lease includes annual 2% rental increases starting in May 2027 and continuing throughout the initial term and option periods. The property is 5804 square feet. The lease structure is absolute NNN, with zero landlord responsibilities.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities.
- Brand new 20‑year lease term with 4 (5‑year) options to extend ensuring long‑term income.
- Corporate signed lease by Bob Evans Restaurants, LLC.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 47%
Shops & Services 43%
Dining 9%
Southern States
Home Improvements & Furnishings
4,464 visits/mo
0.2 miles
U-Haul
Shops & Services
4,124 visits/mo
0.1 miles
Fox's Pizza Den
Dining
898 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corporate-signed Bob Evans with new 20-year NNN lease.
Where is this conventional restaurant located?
The property is located at 1203 National Hwy Cumberland, MD.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities.; Brand new 20‑year lease term with 4 (5‑year) options to extend ensuring long‑term income.; Corporate signed lease by Bob Evans Restaurants, LLC.