Overview

Friendly’s | Absolute NNN Investment | Concord, NH

Infinity Investment Properties is the exclusive advisor for the sale of a corporate-guaranteed Friendly’s located in the heart of New Hampshire’s capital. This asset features a seasoned 30-year operating history at this location, currently operating under an absolute NNN lease with approximately 11.5 years of firm term remaining. The lease includes 2% annual rent escalations beginning in 2026, providing a hedge against inflation and consistent yield growth. With zero landlord responsibilities for the roof, structure, or site, this is a fully passive investment situated in a high-traffic retail corridor anchored by Walmart, Target, and Lowe’s.

Investment Highlights

  • Zero Landlord Obligations: Absolute NNN structure with the tenant responsible for all expenses, including roof and structure.

  • Annual Rent Growth: 2% annual escalations starting in 2026, offering superior compounding compared to standard 5-year bumps.

  • Proven Location: Successful 30-year operating history at this site; situated in the state’s third-most populous city.

  • High-Volume Corridor: Located on Loudon Road (28,900+ VPD) amongst national tier-one retailers and near the UNH School of Law.

  • Corporate Guaranty: Lease is guaranteed by Amici Partners Group, a major operator in the casual dining sector.

Key Financial & Property Details

  • Sale Price: $1,450,000

  • Cap Rate: 4.91%

  • Net Operating Income (NOI): $72,693.72

  • Lease Expiration: December 31, 2037

  • Building Size: ± 3,600 SF

  • Lot Size: ± 0.79 AC

  • Parking: 55 Spaces

  • Year Built: 1992

Brochure Friendly's

  • Status Available
  • Sale / Lease Sale
  • Type STNL
  • Address147 Loudon Rd
  • Concord, NH 03301

Location

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