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Restaurant

Friendly's

748 G.A.R. Highway, Swansea, MA 02777

Listing Price: $1,521,339

Cap Rate
5.75%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
16.1
Guarantor
Corporate Guarantee
Rentable SF
3,598
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.31

Investment Overview

INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 748 GAR Highway in Swansea, MA. The site consists of roughly 3,598 rentable square feet of building space on estimated 1.43-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 $87,477 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.

Investment Highlights

  • Long Term Operating History of Almost 40 Years!
  • New 16+ 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) 896-7250

    License(s) MA: 1000485

    Massachusetts

Financing By

Listing Price: $1,521,339

Cap Rate
5.75%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
16.1
Guarantor
Corporate Guarantee
Rentable SF
3,598
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.31

Investment Highlights

  • Long Term Operating History of Almost 40 Years!
  • New 16+ Year Absolute Triple Net (NNN) Lease
  • Corporately Guaranteed by Friendly's Parent Company Amici Partners Group

Investment Overview

INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 748 GAR Highway in Swansea, MA. The site consists of roughly 3,598 rentable square feet of building space on estimated 1.43-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 $87,477 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.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7250

    License(s): MA: 1000485

    Massachusetts

Financing By

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