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Leased Medical Office Building
For Sale
Contact for pricing
Pending

2 Forge Parkway, Franklin, MA 02038

A 10,000 SF medical office building on 3.8 acres is 100% leased under a long-term agreement through June 2028.

Property Size10,000 SF
Lot Size3.80 Acres
Days on Market46

Property Features for 2 Forge Parkway

General Information

Standard status Pending
Size 10,000 SF
Lot size 3.80 Acres
Property subtype Office, Land
Occupancy 100%

Amenities

attractive landscaping

Building Details

Year Built 2013
Construction masonry and glass
Tenancy Single
Listing Agency: Newmark - Dallas
Listed By: Jerry Hopkins · License #OK 147696
Source: Crexi
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 6:45AM

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 Newmark - Dallas

Investment Insights

Based on property information with market context.

The Milford Regional Medical Center leased property includes a 10,000 square foot medical office building situated on 3.8 acres. The facility was built in 2013 and features masonry and glass architecture, along with landscaped grounds. Parking is supported by a 5 per 1,000 ratio.

The property is located at 2 Forge Parkway in Franklin, Massachusetts, approximately 25 miles from Boston. Milford Regional Medical Center is headquartered in nearby Milford, about 5 miles from the subject site.

The lease provides for minimal landlord responsibilities limited to roof only. Rent includes approximately 2.5% annual escalations under a long-term lease that runs through June 2028.

Key Highlights

  • 10,000 SF medical office building on 3.8 acres at 2 Forge Parkway in Franklin, MA
  • 100% leased to Milford Regional Medical Center under a long‑term net lease through June 2028
  • NN lease includes minimal landlord responsibility limited to roof only

Property Analytics

Current Use

Milford Regional Medical ... Rehabilitation Center

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service Auto Repair Shop Pharmacy (Bike/Boat/Book/etc) 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - A 10,000 SF medical office building on 3.8 acres is 100% leased under a long-term agreement through June 2028.
Where is this medical center located?
The property is located at 2 Forge Parkway Franklin, MA.
What are key features of this property?
This property features: 10,000 SF medical office building on 3.8 acres at 2 Forge Parkway in Franklin, MA; 100% leased to Milford Regional Medical Center under a long‑term net lease through June 2028; NN lease includes minimal landlord responsibility limited to roof only
(918) 809-9616 Call to check price and availability
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