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Retail Space in Franklin Center
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250 Franklin Village Drive, Franklin, MA 02038

Retail space available within a premier shopping center.

Space SizeContact for details
Days on Market153

Property Features for 250 Franklin Village Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Boston
Listed By: Tyler Coady · License #RES.0804555
Source: Cbre
Added: Mar 25 Changed: Aug 24 Last Checked: Aug 24 at 12:46PM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This retail space is located within a premier shopping center in Franklin, Massachusetts. The shopping center's cotenants include Stop & Shop, Marshalls, NRG Lab, and Famous Footwear. The location is easily accessible from Interstate 495, which experiences traffic of over 94,000 cars per day. The property size is 3,200 square feet.

Key Highlights

  • Premier shopping center location.
  • High traffic volume: Over 94,000 cars per day.
  • Easily accessible from Interstate 495.

Property Analytics

Current Use

LongHorn Steakhouse Restaurant Franklin Village Plaza Shopping Center & Mall Tesla Supercharger Electric Vehicle Charging Station Mattress Firm Franklin Furniture & Home Goods

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby
285k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 20% Apparel 17% Groceries 17%
Stop & Shop Groceries
47,671 visits/mo 0.2 miles
Marshalls Apparel
44,465 visits/mo 0.1 miles
Wendy's Dining
21,482 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,427 visits/mo 0.3 miles
Dollar Tree Shops & Services
14,049 visits/mo 0.1 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
Rey
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Similar Off Market Nearby

  • Franklin Village Plaza 250 Franklin Village Drive, Franklin, MA 02038
  • Franklin Plaza 393 W Central St, Franklin, MA 02038
  • West Central Plaza 471 W Central St, Franklin, MA 02038
  • Coinstar Kiosk | Bitcoin ATM Stop & Shop - New England, 40 Franklin Village Dr, 40 Franklin Village Drive, Franklin, MA 02038

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available within a premier shopping center.
Where is this shopping center located?
The property is located at 250 Franklin Village Drive Franklin, MA.
What are key features of this property?
This property features: Premier shopping center location.; High traffic volume: Over 94,000 cars per day.; Easily accessible from Interstate 495.
More about this property
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