Property Description
140 North Franklin Street is a NNN-leased, mixed-use commercial property generating stable income from two established tenants — Amego Inc. and CH Beauty Inc. Offered at $6,000,000 current income places this property at an 8% cap rate. With 3% annual rent escalations embedded in existing leases for stable annually increasing income. 140 North Franklin represents a a durable commercial property within Holbrook’s Business 2 zoning, as well as the Town Center Overlay District which gives the discerning investor flexiblity for future uses, and long term viability.
Features
- Disclosure
Additional Information
- Tax Year:
- 2024
- Status:
- Active
- Zoning:
- B2
- Orig Price:
- $6,000,000
- LEASE_TYPE:
- Nnn
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Holbrook
- State:
- MA
- County:
- Norfolk
- Postal Code:
- 02343
- Longitude:
- W72° 59' 30.2''
- Latitude:
- N42° 9' 28''
Commercial Sale
140 North Franklin St., Holbrook, Massachusetts
31,920 Sqft
$6,000,000
Listing ID #73495036
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $6,000,000
- Square Footage :
- 31,920 Sqft
- Year Built :
- 2007
- Lot Area :
- 1.69 Acre
- Listing ID :
- 73495036
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent