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Grocery-Anchored Shopping Center
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For Lease
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303 East Central Street, Franklin, MA 02038

Retail center with a grocery anchor, controlled access, and ample parking.

Space Size5,000 SF - 25,014 SF
Property Size166,685 SF
Days on Market2

Property Features for 303 East Central Street

General Information

Standard status Active
Size 5,000 SF - 25,014 SF
Net Rentable 166,685 SF
Property subtype Retail

Space & Availability

Available Space 166,685 SF
Contiguous Space 166,685 SF

Additional Details

Road Access Yes

Amenities

light controlled access
ample parking
excellent visibility

Building Details

Building Size 166,685 SF
Year Renovated 2016

Spaces For Lease

at 303 East Central Street Contact us

D

Size
5,000-25,014 SF
Type
Retail
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Summit Realty Partners
Listed By: Chris McMahon · License #9521925
Source: Commercialcafe
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 6:14AM

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 Summit Realty Partners

Investment Insights

Based on property information with market context.

Horace Mann Plaza is a 166,685 ± square foot shopping center serving retail and service users. Shaws Supermarket anchors the property, complemented by tenants that include Pet Supplies Plus, Tropical Smoothie Cafe, Altitude Trampoline Park, Aubuchon Hardware, Orangetheory Fitness, Citizens Bank, and Kumon. The center also provides light-controlled access, ample parking, and approximately 1,300 feet of frontage.

The property is located at 303 East Central Street in Franklin, Massachusetts, where Route 140 meets Chestnut Street. Reported traffic volumes are approximately 13,597 ± VPD on East Central Street and 9,620 ± VPD on Chestnut Street. The existing tenant mix combines national and regional retail, fitness, banking, food, education, and specialty-service uses.

Key Highlights

  • 166,685 ± square foot shopping center in Franklin, MA
  • Shaws Supermarket serves as the grocery anchor
  • Tenant roster includes Pet Supplies Plus, Aubuchon Hardware, Citizens Bank, and Orangetheory Fitness

Property Analytics

Current Use

Altitude Trampoline Park ... Family Recreation Center

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store Garden Center Accounting Firm Auto Parts 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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby
141k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 42% Dining 29% Shops & Services 19% Superstores 10%
Shaw's Supermarket Groceries
32,992 visits/mo 0.2 miles
Big Y World Class Market Groceries
26,546 visits/mo 0.2 miles
McDonald's Dining
23,547 visits/mo 0.1 miles
Big Lots Superstores
14,202 visits/mo 0.1 miles
Starbucks Dining
10,114 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
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Similar Off Market Nearby

  • Horace Mann Plaza 279 E Central St, Franklin, MA 02038
  • Coinstar Kiosk | Bitcoin ATM NAI, 255 East Central St., Franklin, MA 02038
  • Coinstar Kiosk | Bitcoin ATM Big Y Foods, 348 E Central St, Franklin, MA 02038

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with a grocery anchor, controlled access, and ample parking.
Where is this shopping center located?
The property is located at 303 East Central Street Franklin, MA.
What are key features of this property?
This property features: 166,685 ± square foot shopping center in Franklin, MA; Shaws Supermarket serves as the grocery anchor; Tenant roster includes Pet Supplies Plus, Aubuchon Hardware, Citizens Bank, and Orangetheory Fitness
More about this property
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