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 Market491
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) 925-4205
Listed By:
Andrew Fallon · License #RSR006585
(202) 286-1542
Source:
Moodyscre
Added: May 14, 2025
Changed: Sep 4
Last Checked: Sep 15 at 8:26AM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
208k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Home Improvements & Furnishings 27%
Shops & Services 16%
Office Supplies 8%
Lowe's
Home Improvements & Furnishings
38,435 visits/mo
0.1 miles
McDonald's
Dining
29,365 visits/mo
0.4 miles
Cracker Barrel Old Country Store
Dining
19,964 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
18,352 visits/mo
0.4 miles
Staples
Office Supplies
16,445 visits/mo
0.3 miles
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Market
Vacancy Rate% for Retail in South region
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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.
