Friendly’s
New Hartford, New York
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NNN Pro 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 14 years of lease term remaining. The annual rent is $95,820 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.
✓ Long Term Operating History of Nearly 40 Years!
✓ New 17 Year Absolute Triple Net (NNN) Lease | Nearly 14 Years Remaining
✓ Corporately Guaranteed by Friendly’s Parent Company Amici Partners Group
✓ Strong Rental Increases | Two Percent (2%) Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options
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