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- LoopNet Team
100 Corporate Dr
Franklin, MA 02038
BJ's Wholesale Club · Retail Property For Sale
PROPERTY FACTS
Amenities
- Signage
About 100 Corporate Dr , Franklin, MA 02038
JLL Retail Partners is pleased to offer for sale the BJ’s Wholesale Club and Gas Facility in Franklin, Massachusetts. The Franklin BJ’s is located on Central Street (Rt. 140), a major commercial thoroughfare in Franklin and immediately off Interstate-495, one of the busiest highways in Greater Boston (81,000+ daily car trips). The Franklin BJ’s is the only wholesale club within a nearly 20-mile radius — an enormous trade area which is both densely populated and affluent. In April of 2017, BJ’s executed early 15-year extensions of both the warehouse club and the gas facility leases, which includes 8% rental increases every 5 years, confirming the ongoing strength and viability of this regional location. The property benefits from its proximity to several large office parks, major regional employers and the Forge Park MBTA commuter rail station, which offers convenient access to downtown Boston and Cambridge. With nearly 15 years remaining on the tenant’s base lease term and zero active landlord responsibilities, the Franklin BJ’s will appeal to investors seeking a stable income stream with significant rental increases from one of the Northeast’s dominant retailers.
PROPERTY TAXES
Parcel Number | FRAN-000272-000000-000071 | Improvements Assessment | $10,400,500 |
Land Assessment | $5,804,200 | Total Assessment | $16,204,700 |
PROPERTY TAXES
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Listing ID: 10796721
Date on Market: 11/29/2017
Last Updated:
Address: 100 Corporate Dr, Franklin, MA 02038
The Retail Property at 100 Corporate Dr, Franklin, MA 02038 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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