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Office Unit in Shopping Center
For Lease
$19 SF/Yr

205-500 Franklin Village Dr, Franklin, MA 02038

Commercial setting with on-site parking and shared public restrooms.

Space SizeContact for details
Days on Market491

Property Features for 205-500 Franklin Village Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $609,768
Listing Agency: REMAX Executive Realty
Listed By: Casey Killam · License #9515907-RE-S
Source: Exprealty
Added: Apr 28, 2025 Changed: Aug 30 Last Checked: Aug 31 at 6:05PM

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 REMAX Executive Realty

Investment Insights

Based on property information with market context.

Office space within a large shopping center at 205-500 Franklin Village Dr in Franklin, Massachusetts. The property overlooks Route 495 and sits just off the highway at Exit 17, providing a defined commercial setting with convenient roadway access.

On-site parking is available, and the office configuration includes shared public restrooms. Tenant electricity is separate from the lease arrangement.

Key Highlights

  • Office space in a large shopping center
  • Overlooks Route 495
  • Just off Route 495 at Exit #17

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage HVAC Service Garden Center Hair Salon Pharmacy

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

575
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

Market

Lease Benchmarks for Franklin, MA

$23.09 /SF/Yr
Avg Asking Price
$18–$40 /SF/Yr
Price Range
3,101 SF
Avg Space Size

This space is priced 18% below the average of $23.09 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial setting with on-site parking and shared public restrooms.
Where is this office units located?
The property is located at 205-500 Franklin Village Dr Franklin, MA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Office space in a large shopping center; Overlooks Route 495; Just off Route 495 at Exit #17
More about this property
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