Property profile

140 Franklin St Holbrook, MA 02343

OFF-MARKET
Super regional malls
Property ID
US38-1399309
31,920 SF 1.69 ac lot Built 2007
Entity Owned 12-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story, 31,920 square foot mixed-use building presents a lucrative investment opportunity in Holbrook, Massachusetts. Located in the vibrant Town Center Overlay District with Business II zoning, this multi-tenant property offers unparalleled flexibility. Currently at 50% occupancy, the fourteen units are ideally suited for a variety of uses, including medical offices, storefronts, and traditional office spaces. The asking price is $5,000,000, translating to $156.64 per square foot. The property's prime location ensures high visibility and accessibility, attracting significant foot traffic. Its adaptability allows for diverse income streams, making it perfect for investors seeking a blend of retail, office, and potentially residential components. The net lease structure provides a straightforward investment model. This is a rare chance to acquire a well-positioned commercial property in a thriving Massachusetts town center, offering substantial potential for future growth and return on investment. The property is situated at 140 N Franklin St, Holbrook, MA 02343.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2007
Construction STEEL FRAME
Total area 31,920 SF
Lot 1.69 ac (73,616 SF)
Zoning code TC
APN HOLB M:15 L:024-00-0
UPID US38-1399309

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
  • Daycare Center
  • Party Supply Store Rental Equipment Company
  • Theater & Performing Art Venue Training Center
  • Financial Advisor

Location

140 Franklin St Holbrook, MA 02343-1170
Holbrook metro Census 421200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
by Request
Comparable Approach Comparable
$917k
Blend (final) Blend
$940k

Owner & transaction history

since 2014
4 recorded transactions
2014
$3.8M
2007
Price N/A
2005
Price N/A
2000
$115,000

Zoning & alternative use

TC · Holbrook, MA

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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