140 North Franklin St
$6,000,000
31,920
Sqft
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$6,000,000
31,920
Living Area
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Property Description
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 a durable commercial property within Holbrook's Business 2 zoning, as well as the Town Center Overlay District which gives the discerning investor flexiblity for future uses, and long term viability.
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Highlights
- Acres: 1
- Year Built: 2007
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Roof: Rubber
- Zoning Description: Legal Conforming
- Zoning: B2
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Fees / Taxes
- Tax Year: 2024
- Taxes: $58,921
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Listing information provided courtesy of Keller Williams South Watuppa.
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