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Restaurant

Friendly's

1745 Northampton St, Holyoke, MA 01040

Listing Price: $1,502,076

Cap Rate
5.25%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
2,410
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.72

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 1745 Northampton Street in Holyoke, MA. The site consists of roughly 2,410 rentable square feet of building space on estimated 0.43 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 $78,859 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.

Investment Highlights

  • Long Term Operating History of Almost 71 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

Listing Price: $1,502,076

Cap Rate
5.25%
Tenant Name
Friendly’s Restaurants Co, LLC
Years Remaining On Lease
16.0
Guarantor
Corporate Guarantee
Rentable SF
2,410
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$32.72

Investment Highlights

  • Long Term Operating History of Almost 71 Years!
  • New 16+ 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 1745 Northampton Street in Holyoke, MA. The site consists of roughly 2,410 rentable square feet of building space on estimated 0.43 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 $78,859 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.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Regional Manager

    (617) 896-7250

    License(s): MA: 1000485

    Massachusetts

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