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Day Care Center Sold In Franklin For $670,000

Jul 29, 2009 | Reprints | Unlock Link | Print

The 6,375-square-foot building leased to Bright Horizons Childcare & Early Development Center at 2 Constitution Blvd. in Franklin has been sold for $670,000.

Neil Denenberg of Boston-based Denenberg Realty Advisors represented the buyer, Ruscito Brothers LLC, and the seller in the transaction.

"This is one of the many triple net lease properties that we have sold," said Denenberg. "This type of asset is ideal to purchase during this challenging economic time. Not only does this property have longevity but it also has alternate uses since it is at the beginning of a major industrial park plus the lease has options and increases in the future."

Commercial & Industrial