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For sale
Conventional restaurants
MD
Cumberland
1203 National Hwy

La Vale Restaurant Investment Property

1203 National Hwy, Cumberland, MD

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For Sale

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Corporate-signed Bob Evans with new 20-year NNN lease.

Type:RETAIL

Property size:

5,804 SF

Lot size:

1.33 Acres

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.
Annual 2% rental increases starting in May 2027.
Fee simple interest (land & building ownership) is included.
Located in La Vale, Maryland.

We can help!

Listing Contact

Andrew Fallon

For Sale

Contact for pricing

Corporate-signed Bob Evans with new 20-year NNN lease.

Type:RETAIL

Property size:

5,804 SF

Lot size:

1.33 Acres

Added:: May 14, 2025
Days on Market:: 399
Last Refresh:: May 20 at 8:26 pm

Property Features for 1203 National Hwy

General Information

Standard status: Active
Size: 5,804 SF
Lot size: 1.33 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Andrew Fallon

Listing agent Andrew Fallon License #CA 01732226

Listing office SRS Real Estate Partners | McLean

Listing date May 14, 2025

Source Moodyscre

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

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.
Annual 2% rental increases starting in May 2027.
Fee simple interest (land & building ownership) is included.
Located in La Vale, Maryland.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Bob Evans Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Cumberland
County: Allegany
State: Maryland
Longitude: -78.8316
Latitude: 39.6391

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For sale
Conventional restaurants
MD
Cumberland
1203 National Hwy

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.

1203 National Hwy, Cumberland, MD

Corporate-signed Bob Evans with new 20-year NNN lease.

Property Features for 1203 National Hwy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Historic Church-Style Commercial Building

Equipped Store with Attached Residence

Store with Attached Residence

Downtown Cumberland Restaurant and Bar Building

Income-Producing Triplex in Cumberland, MD

Move-In Ready Office Building

Prime Commercial Property in CUMBERLAND

Former Pizza Hut For Sale

CUMBERLAND Duplex with Renovations

CUMBERLAND Duplex with Recent Updates

Drive-Through Restaurant Retail Site

Cumberland Multifamily Investment Opportunity

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