Curtis Fralin Purchases Retail Asset In Holbrook For $5.9M From Greg Potikyan
842 South Franklin Street
$5,900,000
$396/SF
Building Size
14,894 SF
Asset Type
Retail
Closing
Apr 26, 2026
AI
The retail property located at 842 South Franklin Street in Holbrook, MA has been sold for $5,900,000. The asset encompasses an area of 14,894 square feet, translating to a price per square foot of $396.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,900,000
- Address: 842 South Franklin Street
- Market: Holbrook, MA
- Square Footage: 14,894
- Price Per Square Foot: $396
- Buyer: Curtis Fralin
- Seller: Greg Potikyan
- Seller's Representative: Marcel Sarkisian, Brandon Abdelnour & Brandon Hanna - Encore Real Estate Investment Services
The transaction was facilitated by the sellers' representatives from Encore Real Estate Investment Services, highlighting the collaborative effort behind the sale. The representatives involved were Marcel Sarkisian, Brandon Abdelnour, and Brandon Hanna.
Players
Holbrook Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93