Skip to Content

Friendly’s

East Longmeadow, Massachusetts

Map View

Street View

Marcus & Millichap is pleased to present the exclusive listing for a Friendly’s located at 562 North Main Street in East Longmeadow, MA. The site consists of roughly 2,047 rentable square feet of building space on estimated 0.48-acre parcel of land. The Friendly’s is subject to an absolute triple-net (NNN) lease, which has roughly 15.25 years of lease term remaining. The annual rent is $54,593 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.

About the Investment
Long Term Operating History of Approximately 60 Years!
New 17 Year Absolute Triple Net (NNN) Lease with Roughly 15.25 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

Key Details

Price:
$1,060,664
Cap Rate:
5.25%
Annual Rent:
$55,685
Address:
562 North Main Street, East Longmeadow, Massachusetts 01028
Property Type:
Net Leased Restaurant
Lease Type:
Absolute Triple-Net (NNN)

Lease Commencement:
10/15/2021
Lease Expiration:
12/31/2037
Lease Term Remaining:
15.5 Years
Rental Increases:
Two Percent (2%) Annually Starting 2026
Lot Size:
+/-0.48 Acres
Building Size:
2,047 SF
Tenant:
Friendly’s

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Anthony D’Ambrosia

License: 10401294012

Josh Kanter

License: 10401294056

Broker of record

Thomas Shihadeh

License: 1000485


Similar Properties

available

Express Oil Change

14519 US 231 431 N, East Longmeadow, Massachusetts, 35750

available

Express Oil Change

2201 15thStreet, East Longmeadow, Massachusetts, 32401

available

15306 NE Fourth Plain Blvd, East Longmeadow, Massachusetts, 98682

available

Popeyes

1781 SE Ensign Lane, East Longmeadow, Massachusetts, 97146