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Ruby Tuesday 1238 National Hwy 5,688 SF Retail Building Cumberland, MD 21502 $1,951,724 ($343.13/SF) 7.25% Cap Rate

Restaurants Maryland Cumberland 1238 National Hwy, Cumberland, MD 21502

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Investment Highlights

  • The property features an Abs NNN lease with zero landlord responsibilities, offering true passive ownership and ease of ownership.
  • Located in a thriving commercial hub with nearby national tenants including Walmart, Lowe’s, and Chick-fil-A.
  • The subject property is strategically located on National Hwy and is exposed to over 43,000 cars per day
  • The lease is corporately guaranteed by Ruby Tuesday, Inc., providing prospective investors with a secure backing behind the lease.
  • Low-maintenance, income-generating asset ideal for 1031 investors seeking a turnkey replacement property.
  • The tenant recently executed a lease extension to a 15 year base term, demonstrating their fondness and long-term commitment

Executive Summary

Broker of Record
Kyle Matthews
License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,688 SF
Building Class
B
Year Built
2000
Price
$1,951,724
Price Per SF
$343.13
Cap Rate
7.25%
NOI
$141,500
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

Links

1 1

Nearby Major Retailers

Starbucks
Ruby Tuesday
Denny's
Bob Evans
Martin's Food Market Pharmacy
Applebee's
Ponderosa Steakhouse
Buffalo Wild Wings
Cracker Barrel Old Country Store
Checkers Drive-In Restaurant

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
(866) 889-0550

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 39054243

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 1238 National Hwy, Cumberland, MD 21502

More public record information on 1238 National Hwy, Cumberland, MD 21502

The Retail Property at 1238 National Hwy, Cumberland, MD 21502 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Ruby Tuesday | 1238 National Hwy
(866) 889-0550 x

Ruby Tuesday | 1238 National Hwy

Kyle Matthews
(866) 889-0550

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