aisellshomes.space

$6,000,000

Active

140 North Franklin St.

Holbrook, MA, 02343

Commercial · MLS #73495036

Days on market

New today

Lot size

1.69 ac

1.69 acres

Lot

About this home

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

140 North Franklin St., Holbrook, MA, 02343

Property details

Parking
Assigned, 21+ Spaces, Paved Driveway, Permeable Pavement

Listed by Luke Walen · Keller Williams South Watuppa

Schedule a showing

140 North Franklin St.

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$38,839 / month

Down payment20% · $1,200,000
Interest rate6.50%

Loan term

Principal & interest
$30,339
Property tax
$6,000
Home insurance
$2,500

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).