Restaurant
Friendly's
445 Steinwehr Ave, Gettysburg, PA 17325
Listing Price: $1,682,908
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 445 Steinwehr Avenue in Gettysburg, PA. The site consists of roughly 4,247 rentable square feet of building space on estimated 0.82-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 15.5 years of lease term remaining. The annual rent is $88,353 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. Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.
Broker of Record
Listing Price: $1,682,908
Investment Highlights
- Long Term Operating History of Approximately 34 Years!
- New 16 Year Absolute Triple Net (NNN) Lease with Roughly 15.5 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 445 Steinwehr Avenue in Gettysburg, PA. The site consists of roughly 4,247 rentable square feet of building space on estimated 0.82-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 15.5 years of lease term remaining. The annual rent is $88,353 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. Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.
Broker of Record
