NNN Property with Restaurant
For Sale
Contact for pricing
697 Southbridge St, Auburn, MA 01501
Freestanding restaurant property leased under an absolute triple-net structure with long-term renewal options.
Property Size2,410 SF
Lot Size0.70 Acres
Days on Market143
Property Features for 697 Southbridge St
General Information
Standard status
Active
Size
2,410 SF
Lot size
0.70 Acres
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:06AM
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.
The property at 697 Southbridge Street in Auburn, Massachusetts, includes approximately 2,410 rentable square feet on an estimated 0.70-acre parcel. The building is occupied by Friendly’s and operates under an absolute triple-net lease, providing a defined long-term tenancy structure.
Approximately 16+ years remain on the current lease term. Contractual rent increases by two percent annually beginning in 2026, and the lease includes four, five-year renewal options. The asset offers investors a restaurant property with an established tenant, extended lease duration, and additional renewal rights.
Approximately 16+ years remain on the current lease term. Contractual rent increases by two percent annually beginning in 2026, and the lease includes four, five-year renewal options. The asset offers investors a restaurant property with an established tenant, extended lease duration, and additional renewal rights.
Key Highlights
- Approximately 2,410 rentable square feet on an estimated 0.70‑acre parcel
- Friendly’s restaurant at 697 Southbridge Street, Auburn, MA
- Absolute triple‑net (NNN) lease structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
307k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 27%
Shops & Services 21%
Dining 19%
Apparel 17%
BJ's Wholesale Club
Superstores
82,075 visits/mo
0.2 miles
T.J. Maxx
Apparel
51,720 visits/mo
0.1 miles
The Home Depot
Home Improvements & Furnishings
44,416 visits/mo
0.1 miles
BJ's Gas
Shops & Services
41,289 visits/mo
0.1 miles
Dunkin' Donuts
Dining
16,571 visits/mo
0.2 miles
Demographics for 01501, MA
16,731
Population
7,040
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
93%
High-School Grad
15.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$101,929
Median Household Income
$62,296
Median Earnings
$1,241
Median Rent
$363,400
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?
NNN property - Freestanding restaurant property leased under an absolute triple-net structure with long-term renewal options.
Where is this nnn property located?
The property is located at 697 Southbridge St Auburn, MA.
What are key features of this property?
This property features: Approximately 2,410 rentable square feet on an estimated 0.70‑acre parcel; Friendly’s restaurant at 697 Southbridge Street, Auburn, MA; Absolute triple‑net (NNN) lease structure
