1206 National Hwy | Cumberland, MD 21502
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- LoopNet Team
1206 National Hwy
Cumberland, MD 21502
ARBY'S - LA VALE, MD · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully open & operating since 2012 with an attractive 8.00% Rent-to-Sales Ratio (Sales well-above the national average!!!)
- Situated on a ±0.755-acre parcel with great visibility/access on National Hwy
- KBP Inspired, LLC is a 117-unit Arby’s entity (subsidiary holding of KBP Brands - ±1,000 unit operator) with locations in MD, VA, NC, FL, & AZ
- Slated for remodel in 2032 - showing Tenant’s commitment to this location! Just north of I-68/US-40: traffic counts - 41,185 CPD!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 42,984 | Average Household Income (1-MI): $116,023
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,295 SF
Building Class
C
Year Built/Renovated
2012/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.76 AC
Zoning
B
Parking
37 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
90’ on National Hwy
AMENITIES
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 29-007977 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,080,233 |
PROPERTY TAXES
Parcel Number
29-007977
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,080,233
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