1238 National Hwy - Restaurant FOR SALE
Cumberland, MD 21502 |
$1,951,724 USD
214-295-8753
1238 National Hwy
Cumberland, MD 21502
HIGHLIGHTS
- ABSOLUTE TRIPLE NET LEASE – The property features an Abs NNN lease with zero landlord responsibilities, offering true passive ownership
- CORPORATE GUARANTEE – The lease is corporately guaranteed by Ruby Tuesday, Inc., providing prospective investors with a secure backing
- LONG-TERM LEASE WITH ±12.5 YEARS REMAINING – With ±12.5 years left on the base term of the lease, the property provides stable and predictable income
- STRATEGIC LOCATION IN LA VALE, MD – Located in a thriving commercial hub with nearby national tenants including Walmart, Lowe’s, and Chick-fil-A.
- IDEAL FOR 1031 EXCHANGE – Low-maintenance, income-generating asset ideal for 1031 investors seeking a turnkey replacement property.
- MASSIVE UPCOMING 21.75% RENT INCREASE – In February 2026, there will be a 21.75% rental increase, taking an investor’s return to over 9% if purchased
FOR SALE DETAILS
PRICE
$1,951,724 USD
PRICE/SF
$343 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
73
LAND DETAILS
LAND ACRES
1.27 AC
LAND SF
55,133 SF
ZONING
B-Commercial
APN/PARCEL ID
29-031010
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214-295-8753
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214-295-8753
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