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1203 National Hwy
Lavale, MD 21502

$3,047,000 USD

Restaurant For Sale  •  5,804 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,804 SF
  • Lot Size 1.35 AC
  • Building Class B
  • Year Built 1982
  • Tenancy Single
  • Zoning B
0 Transit Score
53 Walk Score

Highlights

Long-Term Lease With 2% Annual Rent Increases | Tenant recently renewed their lease in 2023 for 20 years and currently has 18 years remaining
Passive Absolute NNN Lease | Tenant pays for all CAM, taxes, insurance and all maintenance with the property. No landlord responsibilities
Corporate Guaranteed Lease | The lease is guaranteed by Bob Evans Restaurants, LLC with over 440 corporate locations

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Kenneth Tamres 703-408-1577 Surmount
Kenneth Tamres 703-408-1577 Surmount