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Restaurant

Friendly's

1160 Main St, Haverhill, MA 01830

Listing Price: $1,499,753

Cap Rate
5.25%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
4,080
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.30

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 1160 Main Street in Haverhill, MA. The site consists of roughly 4,080 rentable square feet of building space on estimated 0.96-acre parcel of land. The Friendly’s is subject to a 16-year absolute triple-net (NNN) lease, which has roughly 15.5 years of lease term remaining. The annual rent is $78,737 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.

Investment Highlights

  • Long Term Operating History of Nearly 40 Years!
  • New 15.5 Year Absolute Triple Net (NNN) Lease
  • Corporately Guaranteed by Friendly's Parent Company Amici Partners Group

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s) MA: 1000485

    Massachusetts

Restaurant

Friendly's

Listing Price: $1,499,753

Cap Rate
5.25%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
15.5
Guarantor
Corporate Guarantee
Rentable SF
4,080
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.30

Investment Highlights

  • Long Term Operating History of Nearly 40 Years!
  • New 15.5 Year Absolute Triple Net (NNN) Lease
  • 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 1160 Main Street in Haverhill, MA. The site consists of roughly 4,080 rentable square feet of building space on estimated 0.96-acre parcel of land. The Friendly’s is subject to a 16-year absolute triple-net (NNN) lease, which has roughly 15.5 years of lease term remaining. The annual rent is $78,737 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.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7220

    License(s): MA: 1000485

    Massachusetts

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