140 North Franklin St.
Holbrook, MA 02343

$6,000,000

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Listing Details

$6,000,000
MLS# 73495036
Type Commercial - Business
Status Active

31,920
Square Feet
1.690 acres
Lot Size
2007
Year Built

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Listed By

Agency Name: Keller Williams South Watuppa
Agency Phone: 508-677-3233
Agent Name: Luke Walen

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

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

$58,921 Taxes
Built in 2007

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