SQUARE FEET31,920
MLS#73495036
STATUSActive
PROPERTY TYPECommercial - Business
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.
Property Features
Property Type: Commercial - Business
Lot Size: 1.69 Acres
Roof Type: Rubber
Taxes: $58,921
Year Built: 2007
Feature Descriptions
Building Area Total: 31920
Business Type: Commercial
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 75
Parcel Number: M:15 L:024000,105858
Rental Term: Monthly
Utilities: Public Water, Public Sewer, Natural Gas Available
Listed By / Shown By
Listed By
Agency Name: Keller Williams South Watuppa
Agent Name: Luke Walen
Agency Phone: 508-677-3233
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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140 North Franklin St. | MLS# 73495036
This commercial property located at 140 North Franklin St., Holbrook, MA 02343 is currently listed for sale with an asking price of $6,000,000. Search Holbrook real estate on www.masiellogrouprealestate.com today.