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Office Units Near Highway Access
For Lease
$19 SF/Yr

204-500 Franklin Village Dr, Franklin, MA 02038

Office accommodation within a shopping center with shared restrooms and on-site parking.

Space SizeContact for details
Days on Market714

Property Features for 204-500 Franklin Village Dr

General Information

Standard status Active

Additional Details

Space Use Office
Highway Access Yes

Taxes and HOA fees

Annual Taxes $609,768

Amenities

shared public restrooms
Listing Agency: REMAX Executive Realty
Listed By: Casey Killam · License #9515907-RE-S
Source: Exprealty
Added: Oct 22, 2024 Changed: Oct 2 Last Checked: Oct 4 at 3:08PM

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 units are located within a larger shopping center and include access to shared public restrooms. The property provides on-site parking for occupants and visitors.

The space sits just off Route 495 near exit #17, with views toward the roadway and convenient highway connectivity.

Key Highlights

  • Office units within a large shopping center
  • Positioned just off Route 495 at exit #17
  • Views toward Route 495

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

Yes
Highway access
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

$19.7 /SF/Yr
Avg Asking Price
$17–$21 /SF/Yr
Price Range
5,172 SF
Avg Space Size

This space is priced 4% below the average of $19.7 /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?
Office units - Office accommodation within a shopping center with shared restrooms and on-site parking.
Where is this office units located?
The property is located at 204-500 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 units within a large shopping center; Positioned just off Route 495 at exit #17; Views toward Route 495
More about this property
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