Storefront Retail on Absolute NNN
For Sale
Contact for pricing
1299 National Hwy, Lavale, MD 21502
Absolute NNN storefront leased with CPI increases and long remaining term at a signalized intersection with ~26,000 VPD.
Property Size3,211 SF
Lot Size3.84 Acres
Price / SF$549.90
Days on Market67
Property Features for 1299 National Hwy
General Information
Standard status
Active
Size
3,211 SF
Lot size
3.84 Acres
Property subtype
Retail
Additional Details
Traffic Count
26,000 vehicles/day
Building Details
Year Built
1974
Year Renovated
2023
Tenancy
Single
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Dean Zang · License #MD 665335
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 28 at 5:53PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
This offering is a retail storefront property under an absolute NNN lease, with approximately 14 years remaining. The lease includes annual CPI increases. A renovation was completed in 2023 at the tenant’s expense, and the current operator is an experienced franchisee with 475+ units.
The property sits on a large parcel at a signalized “T” intersection on National Hwy in LaVale, MD, with traffic estimated at about 26,000 vehicles per day. It is adjacent to newer commercial development including Sheetz, Starbucks, and Taco Bell.
For buyers seeking a retail asset with contractual rent structure backed by an absolute NNN lease and an extended remaining term, this configuration is designed to reduce day-to-day landlord responsibilities while supporting long-term occupancy with CPI-based rent escalations. The recent tenant-funded renovation further helps position the space for continued operations at the intersection.
The property sits on a large parcel at a signalized “T” intersection on National Hwy in LaVale, MD, with traffic estimated at about 26,000 vehicles per day. It is adjacent to newer commercial development including Sheetz, Starbucks, and Taco Bell.
For buyers seeking a retail asset with contractual rent structure backed by an absolute NNN lease and an extended remaining term, this configuration is designed to reduce day-to-day landlord responsibilities while supporting long-term occupancy with CPI-based rent escalations. The recent tenant-funded renovation further helps position the space for continued operations at the intersection.
Key Highlights
- Absolute NNN leased storefront with CPI‑based annual increases
- Large 3.84‑acre parcel at a signalized “T” intersection with approximately 26,000 VPD
- 2023 renovation completed at the tenant’s expense
Property Analytics
Property Profile
Current Use
Lease Details
26,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
302k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 17%
Groceries 13%
Apparel 9%
Sheetz
Shops & Services
57,203 visits/mo
0.1 miles
Gabe's
Shops & Services
43,499 visits/mo
0.3 miles
Martin's Food Market
Groceries
39,342 visits/mo
0.4 miles
McDonald's
Dining
29,365 visits/mo
0.4 miles
Ollie's Bargain Outlet
Shops & Services
25,454 visits/mo
0.2 miles
Demographics for 21502, MD
41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN storefront leased with CPI increases and long remaining term at a signalized intersection with ~26,000 VPD.
Where is this nnn property located?
The property is located at 1299 National Hwy Lavale, MD.
What is the asking price?
The asking price for this property is $1,765,725.
What are key features of this property?
This property features: Absolute NNN leased storefront with CPI‑based annual increases; Large 3.84‑acre parcel at a signalized “T” intersection with approximately 26,000 VPD; 2023 renovation completed at the tenant’s expense
