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.
- Added:
- Jun 2, 2026
- Days on Market:
- 20
- Last Refresh:
- Jun 20 at 6:58 am
Property Features for 1299 National Hwy
General Information
- Standard status
- Active
- Size
- 3,211 SF
- Lot size
- 3.84 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1974
Listing agent Dean Zang License #MD 665335
Listing office Marcus & Millichap - Washington, D.C.
Listing date Jun 2, 2026
Source Crexi
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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
- 14 years remaining on the lease term
- Year built: 1974
- Tenant/operator: experienced 475+ unit franchisee operator
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lavale
- County
- Allegany
- State
- Maryland
- Longitude
- -78.845169
- Latitude
- 39.6378938