140 N Franklin St - Office FOR SALE


Holbrook, MA 02343
$6,000,000 USD
774-473-7290
140 N Franklin St, Holbrook, MA for Sale
$6,000,000 USD
Office - FOR SALE
1/16
null | 8.02% Cap Rate

140 N Franklin St
Holbrook, MA 02343


HIGHLIGHTS

  • town center overlay district, medical use, office space

OVERVIEW

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 durable commercial property within Holbrook's Business 2 zoning, as well as the Town Center Overlay District which offers the discerning investor flexiblity for future uses, and long term viability.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

COMM

APN/PARCEL ID

HOLB-000015-000000-000024

ASK ABOUT THIS PROPERTY

Luke WalenKeller Williams South WatuppaMore Info
774-473-7290

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Luke WalenKeller Williams South WatuppaMore Info
774-473-7290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.