Investment Highlights
Brand New 20-Year Lease | Corporate Guaranteed | Scheduled Rental Increases
Country Club Mall (594,000 SF) | Braddock Square (259,000 SF) | La Vale Plaza (138,000 SF) | Primary Retail Corridor
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate signed, Bob Evans investment property located in La Vale, Maryland. The tenant, Bob Evans Restaurants, LLC recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features annual 2% rental increases starting in May 2027 and continuing throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
