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Freestanding NNN Walgreens Store
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160 E Central St, Franklin, MA 02038

Freestanding NNN-leased Walgreens on a signalized corner in Franklin, Massachusetts.

Property SizeContact for details
Days on Market122

Property Features for 160 E Central St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Drugstore Property Advisors
Listed By: John Giordani · License #CA 01323433
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Drugstore Property Advisors

Investment Insights

Based on property information with market context.

This is a freestanding Walgreens store available for purchase on an NNN leased basis. The property is described as a prototypical store and is positioned at a signalized corner along East Central Street and King Street.

Franklin, Massachusetts is described as having over 70,302 full-time residents within 5 miles with household income above $154,976 annually. The remarks indicate the store is 10 miles west of Gillette Stadium and less than one mile from Dean College. Nearby retailers mentioned include McDonald’s, Starbucks, Subway, Big Lots, Dollar Tree, and a Jeep/Dodge/Ram dealership.

The asset is offered as an investor opportunity in a retail corridor with established surrounding tenants.

Key Highlights

  • Freestanding Walgreens store in Franklin, Massachusetts, on an NNN lease
  • Located at the signalized corner of East Central Street and King Street
  • Within 5 miles: 70,302+ full‑time residents with household income over $154,976 annually

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy COVID-19 Drive-thru Testing ... Pharmacy FedEx OnSite Postal Service

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Garden Center Bakery Carpet & Flooring Store 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby
152k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 39% Dining 27% Shops & Services 25% Superstores 9%
Shaw's Supermarket Groceries
32,992 visits/mo 0.2 miles
Big Y World Class Market Groceries
26,546 visits/mo 0.5 miles
McDonald's Dining
23,547 visits/mo 0.4 miles
Big Lots Superstores
14,202 visits/mo 0.3 miles
Starbucks Dining
10,114 visits/mo 0.4 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • CVS 272 E Central St #140, Franklin, MA 02038
  • Walgreens Pharmacy 160 E Central St, Franklin, MA 02038
  • COVID-19 Drive-thru Testing at Walgreens 160 E Central St, Franklin, MA 02038
  • Nardine Iskandar 272 E Central St, Franklin, MA 020381319
  • Carol Brann 272 E Central St, Franklin, MA 020381319

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding NNN-leased Walgreens on a signalized corner in Franklin, Massachusetts.
Where is this drug store located?
The property is located at 160 E Central St Franklin, MA.
What are key features of this property?
This property features: Freestanding Walgreens store in Franklin, Massachusetts, on an NNN lease; Located at the signalized corner of East Central Street and King Street; Within 5 miles: 70,302+ full‑time residents with household income over $154,976 annually
(888) 353-0441 Call to check price and availability
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