13526 Mcmullen SW Hwy Cumberland, MD 21502-5347

This fee-simple industrial property in Cumberland, MD, offers a compelling investment opportunity. The 2,545 square foot facility sits on a 0.63-acre lot and is 100% occupied by ThompsonGas, the largest private propane retailer in the nation, under a Net Lease (NNN) agreement. The current lease has five years remaining, with two additional five-year options. The property features two buildings constructed in 1936, including a roll-up door and multiple dock-high loading bays. ThompsonGas utilizes two aboveground storage tanks (ASTs) – an 18,000-gallon and a 30,000-gallon tank – for their bulk propane delivery operations. The low site coverage of 9.27% provides ample outdoor storage and potential for future expansion. The asking price is $518,919, representing a price per square foot of $203.90 and a 9.25% cap rate, with a current NOI of $48,000. The tenant is backed by a corporate guarantee, minimizing landlord responsibilities to roof, structure, and building systems. This is a strong, stable investment with a national-level tenant and significant upside potential. The property is located at 13526 McMullen Hwy SW, Cumberland, MD 21502.