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Built-Out Medical Office Suite
For Lease
$25 SF/Yr NNN

72 Grove Street, Franklin, MA 02038

Commercial Lease, Franklin, MA

Space Size3,150 SF
Lot Size0.94 Acres
Days on Market19

Property Features for 72 Grove Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning INDUSTRIAL
Zoning description Legal Conforming
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions EXIT 17 495 TO GROVE STREET
Standard status Active
APN 90058
Size 8,000 SF
Lot size 0.94 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14370

Building Details

Year built 2003
Listing Agency: Keller Williams Realty
Listed By: Keller Williams
Added: Aug 13 Changed: Aug 19 Last Checked: Aug 31 at 2:06PM
MLS# 73563478

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Approximately 3,150 square feet is configured as a medical and dental office suite with five to six treatment rooms, a reception and waiting area, private office, staff break room, laundry room, laboratory, two restrooms, and storage. Separate electrical and heating systems, exterior signage, and 8-10 parking spaces are also included. The suite is scheduled for occupancy beginning January 1, 2027, under a triple-net (NNN) lease structure.

The property is located at 72 Grove Street in Franklin, Massachusetts, within Norfolk County. The site encompasses 0.94 acres, carries INDUSTRIAL zoning, and includes a building constructed in 2003. The existing clinical configuration provides a defined framework for medical or dental office operations without introducing unsupported changes to the current layout.

Key Highlights

  • Approximately 3,150‑square‑foot medical and dental suite
  • Five to six treatment rooms plus reception, waiting, laboratory, office, and staff areas
  • 8‑10 parking spaces and exterior signage

Property Analytics

Current Use

Bellezza Day Spa ... Alternative Medicine Practice Simply Skin by ... Medical Clinic Smilage Dental Center Dental Office Tang Shih-Ming DDS Dental Office MASS Strength Gym & Fitness Center

Suggested Use

Top Pick Garden Center Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
Balanced
Demand for This Use

Demographics for 02038, MA

33,261
Population
12,889
Households
2.6
Avg Household Size
41
Median Age
56%
College-Educated
97%
High-School Grad
26.6 sq mi
ZIP Area
1,250
Density / Sq Mi
$142,788
Median Household Income
$67,728
Median Earnings
$1,856
Median Rent
$567,100
Median Home Value

Market

Lease Benchmarks for Franklin, MA

$21.5 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
3,076 SF
Avg Space Size

This space is priced 16% above the average of $21.5 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Clinical layout includes treatment rooms, reception, laboratory, staff areas, storage, and separate electrical and heating systems.
Where is this medical office space located?
The property is located at 72 Grove Street Franklin, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 3,150‑square‑foot medical and dental suite; Five to six treatment rooms plus reception, waiting, laboratory, office, and staff areas; 8‑10 parking spaces and exterior signage
More about this property
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