Property profile

181 Franklin St Holbrook, MA 02343

OFF-MARKET
Commercial real estate
Built 2019
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Property summary

AI-generated overview

This exceptional 2,443 square foot Class A office condo, built in 2019, presents a compelling investment opportunity or the perfect space for a business seeking a modern, functional office. Located at 181 S Franklin St, Suite 400, Holbrook, MA, this property boasts a highly desirable location, conveniently situated on Route 37, just south of Holbrook Center. Its proximity to major roadways ensures easy access to Braintree, Randolph, Brockton, Abington, and Weymouth. Furthermore, the property's location is just one mile from the Holbrook/Randolph Commuter Rail Station and directly on the T bus line to Braintree/Quincy, providing excellent public transportation options for employees and clients. The unit itself is situated on the sunny south and west side of the first floor, offering abundant natural light. Features include a full kitchen/breakroom, a large conference room separated by tempered glass walls, ample storage space/file room, separate men's and women's restrooms, and a dedicated mechanical/internet room. High-quality finishes are evident throughout, including upgraded fixtures, cutting-edge lighting, easy-to-maintain LVT flooring, and excellent handicap accessibility. The property includes nine dedicated parking spaces. Currently leased to an insurance agency until May 31, 2025, at a gross annual rent of $60,000, this property offers immediate income potential for investors. This is a truly remarkable opportunity to acquire a turnkey, high-quality commercial space in a prime location. The wide-open floor plan, abundant natural light, and modern amenities make this an ideal space for a variety of businesses.

Property profile

Verified
Property type Commercial real estate
Year built 2019

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

181 Franklin St Holbrook, MA 02343
Holbrook metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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