Friendly’s Restaurant
For Sale
Contact for pricing
529 Memorial Dr, Chicopee, MA 01020
Freestanding restaurant leased under an absolute NNN structure with renewal options and scheduled annual rent increases.
Property Size3,543 SF
Lot Size1.21 Acres
Days on Market142
Property Features for 529 Memorial Dr
General Information
Standard status
Active
Size
3,543 SF
Lot size
1.21 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 7:33PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Friendly’s restaurant property at 529 Memorial Drive includes approximately 3,543 rentable square feet on an estimated 1.21-acre parcel in Chicopee, Massachusetts. The offering combines an established restaurant building with a long-term tenant commitment and a conventional restaurant use.
The lease is structured as absolute NNN with an original 17-year term and roughly 15.25 years remaining. Contractual rent increases of two percent apply annually through the balance of the initial term and continue during four, five-year tenant renewal options. The property is offered as a restaurant investment with the lease structure and remaining term providing the primary operating framework.
The lease is structured as absolute NNN with an original 17-year term and roughly 15.25 years remaining. Contractual rent increases of two percent apply annually through the balance of the initial term and continue during four, five-year tenant renewal options. The property is offered as a restaurant investment with the lease structure and remaining term providing the primary operating framework.
Key Highlights
- Friendly’s restaurant at 529 Memorial Drive, Chicopee, MA 01020
- Approximately 3,543 rentable SF building on an estimated 1.21‑acre parcel
- Absolute NNN lease with roughly 15.25 years remaining
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
778k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 31%
Dining 29%
Shops & Services 17%
Groceries 13%
Walmart
Superstores
151,391 visits/mo
0.1 miles
BJ's Wholesale Club
Superstores
85,928 visits/mo
0.3 miles
Chick-fil-A
Dining
76,489 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
42,339 visits/mo
0.3 miles
Big Y World Class Market
Groceries
40,499 visits/mo
0.2 miles
Demographics for 01020, MA
29,781
Population
14,154
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
86%
High-School Grad
12.5 sq mi
ZIP Area
2,382
Density / Sq Mi
$70,971
Median Household Income
$45,378
Median Earnings
$1,153
Median Rent
$259,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant leased under an absolute NNN structure with renewal options and scheduled annual rent increases.
Where is this conventional restaurant located?
The property is located at 529 Memorial Dr Chicopee, MA.
What are key features of this property?
This property features: Friendly’s restaurant at 529 Memorial Drive, Chicopee, MA 01020; Approximately 3,543 rentable SF building on an estimated 1.21‑acre parcel; Absolute NNN lease with roughly 15.25 years remaining
