Restaurant
Friendly's
147 Loudon Rd, Concord, NH 03301
Listing Price: $1,357,505
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 147 Loudon Road in Concord, NH. The site consists of roughly 3,600 rentable square feet of building space on estimated 0.79-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 16 years of lease term remaining. The annual rent is $71,269 and is set to increase by two percent (2%) annually starting in 2026, throughout the remainder of the lease term and in the four (4), five (5)-year tenant renewal options. Seller and Purchaser hereby acknowledge that investors in the Seller entity are agents, members, and principals with NNN Properties LLC and licensed in the State of New York. Seller and Purchaser hereby waive any claim of conflict of interest based upon NNN Properties LLC’s agents working in a role as both agent and principal of Seller.
Listing Price: $1,357,505
Investment Highlights
- Long Term Operating History of Roughly 30 Years!
- New 16 Year Absolute Triple Net (NNN) Lease with Roughly 15.75 Years Remaining
- Corporately Guaranteed by Friendly's Parent Company Amici Partners Group
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 147 Loudon Road in Concord, NH. The site consists of roughly 3,600 rentable square feet of building space on estimated 0.79-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 16 years of lease term remaining. The annual rent is $71,269 and is set to increase by two percent (2%) annually starting in 2026, throughout the remainder of the lease term and in the four (4), five (5)-year tenant renewal options. Seller and Purchaser hereby acknowledge that investors in the Seller entity are agents, members, and principals with NNN Properties LLC and licensed in the State of New York. Seller and Purchaser hereby waive any claim of conflict of interest based upon NNN Properties LLC’s agents working in a role as both agent and principal of Seller.
