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NNN Drugstore Retail Building
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842 S Franklin St, Holbrook, MA 02343

Corner CVS property with a remaining NNN lease and dedicated building site on an approximately 1.34-acre parcel.

Property Size13,013 SF
Lot Size1.34 Acres
Days on Market143

Property Features for 842 S Franklin St

General Information

Standard status Active
Size 13,013 SF
Lot size 1.34 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Wald Real Estate Associates Inc.
Listed By: Cody Parker Hellberg · License #NY 10401214812
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wald Real Estate Associates Inc.

Investment Insights

Based on property information with market context.

This NNN drugstore retail building is occupied by CVS and offered for sale as an exclusive listing. The site is described as a corner location and includes approximately 13,013 rentable square feet of building space on an estimated 1.34-acre parcel. The property is leased under an original approximately 20-year NNN term, with roughly 4 years remaining.

The property is positioned at the corner of Franklin Street and South Street in Holbrook, a largely residential community. The remarks also note convenient commuting to the greater Boston area, including commuter rail service.

The lease structure includes possible early extension terms described as a potential 10-year extension with two 5-year options. The property is presented as an NNN investment with long-term lease coverage supported by the remaining term and extension provisions.

Key Highlights

  • CVS on the corner of Franklin Street and South Street
  • ~13,013 rentable SF building on an estimated 1.34‑acre parcel
  • NNN lease with ~4 years remaining on an original ~20‑year term

Property Analytics

Current Use

Santander Bank ATM Atm CVS Pharmacy CVS Pharmacy Pharmacy MoneyGram Bank CVS Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Restaurant Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 31% Home Improvements & Furnishings 22%
Tractor Supply Co. Home Improvements & Furnishings
10,534 visits/mo 0.2 miles
Dollar Tree Shops & Services
10,140 visits/mo 0.2 miles
Burger King Dining
9,667 visits/mo 0.2 miles
Family Dollar Shops & Services
7,502 visits/mo 0.1 miles
Honey Dew Donuts Dining
5,582 visits/mo 0.1 miles

Demographics for 02343, MA

11,364
Population
4,268
Households
2.7
Avg Household Size
42
Median Age
37%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
1,623
Density / Sq Mi
$107,198
Median Household Income
$56,269
Median Earnings
$1,522
Median Rent
$435,300
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • CVS 842 S Franklin St, Holbrook, MA 02343
  • CVS Pharmacy 842 S Franklin St, Holbrook, MA 02343

Frequently Asked Questions

What type of property is this?
Drug store - Corner CVS property with a remaining NNN lease and dedicated building site on an approximately 1.34-acre parcel.
Where is this drug store located?
The property is located at 842 S Franklin St Holbrook, MA.
What are key features of this property?
This property features: CVS on the corner of Franklin Street and South Street; ~13,013 rentable SF building on an estimated 1.34‑acre parcel; NNN lease with ~4 years remaining on an original ~20‑year term
More about this property
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