842 S Franklin St - Drug Store FOR SALE


Holbrook, MA 02343
$6,514,867 USD
248-702-0288
842 S Franklin St, Holbrook, MA for Sale
$6,514,867 USD
Drug Store - FOR SALE
1/9
null | 6.75% Cap Rate

842 S Franklin St
Holbrook, MA 02343


HIGHLIGHTS

  • Long-Term Stability with 10+ Years Remaining - Recent 10-year lease extension demonstrates strong tenant commitment
  • NNN Lease Structure | Passive Investment - Absolute NNN lease with minimal landlord responsibilities
  • Proven Operating History | Strong Site Commitment - CVS has operated at this location for 20+ years
  • Prime Corner Location at a Signalized Intersection - Positioned at the highly visible, signalized intersection of South St and S. Franklin St
  • Drive-Thru Equipped with Generous On-Site Parking
  • Corporate Guaranteed Lease - Lease guaranteed by CVS Health Corporation is the nation’s largest pharmacy chain with 9,000+ locations and BBB+ S&P

OVERVIEW

Long-Term Stability with 10+ Years Remaining - Recent 10-year lease extension demonstrates strong tenant commitment

FOR SALE DETAILS

PRICE

$6,514,867 USD

PRICE/SF

$437 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

B1

APN/PARCEL ID

HOLB-000052-000000-000006-000001

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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