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140 N Franklin St 31,920 SF 100% Leased Office Building Holbrook, MA 02343 $6,000,000 ($187.97/SF) 8.02% Cap Rate
Investment Highlights
- town center overlay district, medical use, office space
Executive Summary
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 durable commercial property within Holbrook's Business 2 zoning, as well as the Town Center Overlay District which offers the discerning investor flexiblity for future uses, and long term viability.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
31,920 SF
Building Class
C
Year Built
2007
Price
$6,000,000
Price Per SF
$187.97
Cap Rate
8.02%
NOI
$480,900
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,920 SF
Slab To Slab
12’
Building FAR
0.43
Lot Size
1.69 AC
Zoning
COMM - Business II
Parking
120 Spaces (3.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Day Care
- Kitchen
- Fully Carpeted
- Partitioned Offices
- Drop Ceiling
- Monument Signage
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | HOLB-000015-000000-000024 | Improvements Assessment | $1,559,800 |
| Land Assessment | $689,000 | Total Assessment | $2,248,800 |
Property Taxes
Parcel Number
HOLB-000015-000000-000024
Land Assessment
$689,000
Improvements Assessment
$1,559,800
Total Assessment
$2,248,800
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140 N Franklin St
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