This 1440 SF free-standing retail/restaurant property is located within La Vale MD, the prime-retail area within 55 miles. Constructed in 2010, the site
features prominent frontage to a heavily trafficked arterial rd, (13,260 AADT, SHA 2018)
The considerable investment and permitting efforts associated with required stormwater drains, curb cuts, and drive-through has been made. This presents a rare opportunity for a savvy retail/restaurant tenant to enter the
lucrative La Vale MD market at a lower cost and on a quicker timeline.
Owner-occupied by the 1st generation tenant, Rita's Italian Ice, the business is currently in operation and available with the property at buyers option (currently closed for the season) Lease/ ground lease option available for highly
qualified operators.
Address:
1055 National Hwy, La Vale MD 21502
Property Type(s):
Retail-Restaurant
Mechanical Systems:
Heat: Forced Air (Natural Gas)
Cooling: Central Air (Electric)
Year Built:
2010
Sale Terms:
- $825,000
- Lease option available for highly qualified operators
Highlights:
- 13,260 vehicles per day (SHA, 2018)
- Prominent frontage, 184'
- Dedicated turn lane
- Drive through lane
- 1Surface parking lot, 19 spaces
- Security System