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.
Holbrook is located in Massachusetts. Holbrook, Massachusetts has a population of 11,344. Holbrook is less family-centric than the surrounding county with 28.43% of the households containing married families with children. The county average for households married with children is 36.79%.
The median household income in Holbrook, Massachusetts is $89,763. The median household income for the surrounding county is $112,089 compared to the national median of $69,021. The median age of people living in Holbrook is 44 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 50.3 inches per year, with 48 inches of snow per year.
