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110 Grill NNN Investment
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170 Forbes Rd, Braintree, MA 02184

Single-tenant restaurant condo with long-term lease and annual rent increases.

Property Size5,812 SF
Price / SF$827.43
Days on Market194

Property Features for 170 Forbes Rd

General Information

Standard status Active
Size 5,812 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $336,633

Building Details

Year Built 2017
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Jan 29 Changed: Aug 10 Last Checked: Aug 10 at 3:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

The property is a condominium interest in 110 Grill, a single-tenant investment property located at 170 Forbes Road in Braintree, Massachusetts. The restaurant operates under a 20-year Absolute NNN Lease that commenced in 2023, with over 17 years of the term remaining, followed by four 5-year renewal options. The lease includes annual rent increases throughout the base term and renewal options. The property is well-located along Forbes Road, near the intersection of Granite Street and Interstate 93, offering frontage and visibility along Forbes Road and visibility from Interstate 93. 110 Grill is part of a two-unit condominium and shares the lot with a 139-room Residence Inn (Marriott), providing a built-in customer base. The immediate area includes the South Shore Plaza, national retailers and restaurants, and office and industrial parks. The location is near primary roadways, hotels, schools, and residential neighborhoods. The property size is 5812 square feet.

Key Highlights

  • Absolute NNN Lease with 17+ years remaining provides a passive income stream.
  • Attractive annual rent increases throughout the base term and renewal options.
  • High‑traffic location with excellent frontage and visibility on Forbes Road, visible from Interstate 93.

Property Analytics

Current Use

Council-Juvenile Correctional Charitable Organization 110 Grill Braintree Restaurant Mac Pherson Desmond ... Insurance Agency

Suggested Use

Top Pick Auto Parts Store Storage Facility Locksmith Veterinary Clinic Home Appliance Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,513
Businesses Nearby
111k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 75% Shops & Services 13% Apparel 6% Hotels & Casinos 6%
The Cheesecake Factory Dining
64,075 visits/mo 0.5 miles
TGI Fridays Dining
16,514 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
6,215 visits/mo 0.4 miles
Banfield Pet Hospital Shops & Services
5,204 visits/mo 0.2 miles
Jared The Galleria of Jewelry Apparel
4,355 visits/mo 0.3 miles

Demographics for 02184, MA

39,143
Population
15,032
Households
2.6
Avg Household Size
42
Median Age
47%
College-Educated
93%
High-School Grad
13.8 sq mi
ZIP Area
2,836
Density / Sq Mi
$125,305
Median Household Income
$65,542
Median Earnings
$1,925
Median Rent
$623,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant restaurant condo with long-term lease and annual rent increases.
Where is this conventional restaurant located?
The property is located at 170 Forbes Rd Braintree, MA.
What is the asking price?
The asking price for this property is $4,809,043.
What are key features of this property?
This property features: Absolute NNN Lease with 17+ years remaining provides a passive income stream.; Attractive annual rent increases throughout the base term and renewal options.; High‑traffic location with excellent frontage and visibility on Forbes Road, visible from Interstate 93.
More about this property
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