536 N Main St, Leominster, MA for sale

Investment Overview

NAI Glickman Kovago & Jacobs is pleased to present the exclusive opportunity to acquire or lease the freestanding drive-thru restaurant property located at 536 North Main Street in Leominster, Massachusetts. The Property is improved with a ±2,000 SF freestanding restaurant building featuring a dedicated drive-thru lane on a 0.55-acre parcel, with direct frontage on Leominster's dominant retail corridor and 35,000+ vehicles per day along North Main Street. As a second-generation restaurant facility, the building offers an incoming operator meaningful savings in both cost and time to open relative to ground-up development, with existing kitchen infrastructure, drive-thru circulation, and dedicated parking already in place. Freestanding drive-thru pads of this profile are tightly held and rarely become available, and the Property is well suited to a broad range of users across the QSR, coffee, and quick-casual categories, as well as non-restaurant drive-thru uses including pharmacy, banking, and convenience retail. For investors, the opportunity exists to acquire the real estate and execute a lease to a credit or regional operator at market terms.

Investment Highlights

• - Available for sale or for lease
• - ±2,000 SF freestanding drive-thru restaurant on 0.55 acres — an irreplaceable retail format in a corridor where new drive-thru approvals are increasingly difficult to obtain.
• - Second-generation restaurant facility with existing kitchen infrastructure, drive-thru lane, and dedicated parking in place, materially reducing cost and time to open versus ground-up development.
• - Substantial recent capital investment in build-out, drive-thru, and site improvements delivers a modern, turn-key facility to the incoming operator.
• - Dedicated drive-thru lane with stacking spaces and surface parking spaces on site.
• - Suitable for a broad range of users across the QSR, coffee, and quick-casual categories, as well as pharmacy, banking, and convenience retail drive-thru concepts.
• - 35,000+ ADT on North Main Street and 55,000+ ADT at the adjacent Route 2 interchange within a three-plaza cluster anchored by Target, BJ's, Market Basket, Home Depot, Walmart, Lowe's, and Dick's Sporting Goods.
• Investor opportunity to acquire the real estate and execute a lease to a credit or regional operator at market terms.