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1203 National Hwy
Lavale, MD 21502
Bob Evans · Retail Property For Sale

INVESTMENT 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
  • Corporate Guaranteed Lease | The lease is guaranteed by Bob Evans Restaurants, LLC with over 440 corporate locations
  • Passive Absolute NNN Lease | Tenant pays for all CAM, taxes, insurance and all maintenance with the property. No landlord responsibilities

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,804 SF
Building Class
B
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.35 AC
Zoning
B - Business" zoning that allows for a wide range of commercial activities.
Frontage
189’ on National Hwy

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-043248
Land Assessment
$1,177,800
Improvements Assessment
$1,846,200
Total Assessment
$3,024,000
  • Listing ID: 36740322

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 1203 National Hwy, Lavale, MD 21502

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