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1238 National Hwy
Cumberland, MD 21502
Retail Property For Sale
Investment Highlights
- ABSOLUTE TRIPLE NET LEASE – The property features an Abs NNN lease with zero landlord responsibilities, offering true passive ownership
- 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
- IDEAL FOR 1031 EXCHANGE – Low-maintenance, income-generating asset ideal for 1031 investors seeking a turnkey replacement property.
- CORPORATE GUARANTEE – The lease is corporately guaranteed by Ruby Tuesday, Inc., providing prospective investors with a secure backing
- STRATEGIC LOCATION IN LA VALE, MD – Located in a thriving commercial hub with nearby national tenants including Walmart, Lowe’s, and Chick-fil-A.
- 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
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,688 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.27 AC
Zoning
B-Commercial
Parking
73 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
179’ on National Hwy
Property Taxes
| Parcel Number | 29-031010 | Improvements Assessment | $931,700 |
| Land Assessment | $1,102,600 | Total Assessment | $2,034,300 |
Property Taxes
Parcel Number
29-031010
Land Assessment
$1,102,600
Improvements Assessment
$931,700
Total Assessment
$2,034,300
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