Friendly’s
Gardner, Massachusetts
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NNN Pro is pleased to present the exclusive listing for a Friendly’s located at 18 Pearson Boulevard in Gardner, MA. The site consists of roughly 3,634 rentable square feet of building space on estimated 0.90-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 14 years of lease term remaining. The annual rent is $144,606 and is set to increase by two percent (2%) annually throughout the remainder of the lease term and in the four (4), five (5)-year tenant renewal options.
✓ Long Term Operating History of Roughly 35 Years!
✓ New 17 Year Absolute Triple Net (NNN) Lease with Roughly 14 Years Remaining
✓ Corporately Guaranteed by Friendly’s Parent Company Amici Partners Group
✓ Strong Rental Increases | Two Percent (2%) Annual Increases
✓ Four (4), Five (5)-Year Tenant Renewal Options