214 Huttleston Ave, Fairhaven, MA 02719-1958

This exceptional investment opportunity presents a fee-simple ownership of a thriving Frontera Grill restaurant located at 214 Huttleston Ave, Fairhaven, MA, in Bristol County. The property boasts 6,185 square feet on a substantial 1.33-acre lot, providing ample parking (76 spaces). Built in 2002, the restaurant operates under a Net Net Net (NNN) lease with 8.9 years remaining until expiration (October 31, 2033), offering significant lease term stability. The current annual net operating income (NOI) is $150,049, representing a 6.67% cap rate based on the asking price of $2,250,000 ($363.78 per square foot). The lease includes attractive 3% annual rent increases, providing a strong hedge against inflation. This high-traffic location, situated at a main intersection, demonstrates exceptional performance, ranking in the 83rd percentile nationally for restaurant performance according to Placer.ai*. Minimal landlord responsibilities further enhance the investment appeal. This is a rare opportunity to acquire a well-established, high-performing restaurant with a long-term lease in a prime location. The property's size and location make it an ideal investment for discerning buyers seeking a stable, high-return asset.