Property profile

800 S Franklin St Holbrook, MA 02343

FOR LEASE
Super regional malls
Property ID
US38-1319716
52,828 SF 5.22 ac lot Built 1961
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Holbrook Center, located at 800 S Franklin St, Holbrook, MA 02343, presents a prime retail investment opportunity. This 50,955 square foot shopping center sits on an 8.93-acre lot at a signalized intersection with high visibility and traffic counts exceeding 27,500 vehicles per day. The property boasts 283 parking spaces and convenient access points. Currently, a 3,889 square foot pad site is available for lease. The center is zoned B1-Business District and underwent renovations in 2019. Strong national tenants such as Tractor Supply Company, Family Dollar, and Dollar Tree are already established, creating a vibrant retail environment. The center benefits from excellent visibility and pylon signage. The location enjoys proximity to other key retailers including Burger King, Colonial Federal Savings Bank, and Shell Oil. A substantial population of over 200,000 people, with a median income exceeding $90,000, resides within a five-mile radius, providing a robust customer base. This property offers exceptional potential for retail success.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1961
Construction CONCRETE
Total area 52,828 SF
Lot 5.22 ac (227,383 SF)
Zoning code B1
APN HOLB M:52 L:004-04-1
UPID US38-1319716

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
  • Discount Store
  • Pet Store & Service
  • Atm
  • Bank Credit Union

Location

800 S Franklin St Holbrook, MA 02343
Holbrook metro Census 421100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.52M

Owner & transaction history

since 2022
Last sale
$7.8M
7 recorded transactions
2022
Price N/A
2022
$7.8M
2020
Price N/A
2020
$6.9M
2019
$3.1M
2007
$18.6M
2007
Price N/A

Zoning & alternative use

B1 · Holbrook, MA
Top alternative use upside
Office building $11.3M +360.7%
Restaurant $9.4M +283.3%
Apartment house (5+ units) $6.6M +167.6%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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