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La Vale Restaurant Investment Property
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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
Listed By: Andrew Fallon · License #CA 01732226
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

Current Use

Bob Evans Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Law Firm Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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.
(202) 286-1542 Call to check price and availability
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