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$ 6,000,000
Est. payment /mo
Active
140 North Franklin St. Holbrook, MA 02343
31,920 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 31,920 sqft
Price per Sqft $187
MLS Listing ID 73495036
HOA Y/N false
Year Built 2007
Annual Tax Amount $58,921
Tax Year 2024
Lot Size 1.690 Acres
Acres 1.69
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.
Location
State MA
County Norfolk
Zoning B2
Direction Please use GPS
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
Roof Type Rubber
Others
Senior Community false
Listed by Keller Williams South Watuppa
Nearby Locations
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Colleen Foulsham
Broker