1238 National Hwy - Restaurant FOR SALE
Cumberland, MD 21502 |
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
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
5688
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
73
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
29-031010
