Listing Agency: CBRE | Boston r***@cbre.com Show Phone

Listed By: Robert Byrne Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 19 at 5:55AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers 20,702 square feet of warehouse and industrial space. The property is located on Grove Street in Franklin, Massachusetts.

Key Highlights

• 20,702 sq ft of warehouse/industrial space for lease
• Warehouse space available
• Industrial space available

Property Analytics

Property Profile

Current Use

Target Specialty Products Chemical Plant Interior Specialists Interior Design Eaton Electrical Building Supply Centurion Medical Products Medical Supply Store Advanced Flooring & Design ... Carpet & Flooring Store

Suggested Use

Top Pick Dental Office Auto Repair Shop Nail Salon Garden Center Law Firm Skin Care Clinic

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

132

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

$10.89 /SF/Yr

Avg Asking Price

$9–$12 /SF/Yr

Price Range

64,659 SF

Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 20,702 sq ft warehouse/industrial space for lease.

Where is this warehouse located?

The property is located at 165 Grove Street Franklin, MA.

What are key features of this property?

This property features: 20,702 sq ft of warehouse/industrial space for lease; Warehouse space available; Industrial space available