Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 1700 Burrstone Rd in New Hartford, NY. The site consists of roughly 3,547 rentable square feet of building space on estimated 0.76-acre parcel of land. The Friendly’s is subject to a 17-year absolute triple-net (NNN) lease, which has roughly 15.25 years of lease term remaining. The annual rent is $93,941 and is set to increase by two percent (2%) every year and continue 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.