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Retail Space in Shopping Center

40 Franklin Village Drive, Franklin, MA 02038

For Lease
Contact for pricing

The property is within a multi-tenant center featuring national retailers, dining options, and specialty shops.

Space Size4,949 SF
Days on Market8

Property Features for 40 Franklin Village Drive

General Information

Standard status Active
Size 4,949 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 40 Franklin Village Drive
40 Franklin Village Dr AVAILABLE, 30 Days
Floor 1
Size 4,949 SF
Type RETAIL
Rate Contact for pricing
Sublease No
A premier shopping center in Franklin, MA that serves the surrounding Boston region, Franklin Village Plaza has a diverse tenant roster with a number of local boutiques and well-known national brands including Marshalls, Men’s Warehouse, Bob's Discount Furniture, Famous Footwear and Panera Bread. Anchored by Stop & Shop, the center is also known for several popular local businesses including NRG Lab, Public House, Pepper Terrace and L’Equipe Salon. Franklin Village Plaza also houses a number of specialty, niche tenants that cater to interests as diverse as bird-feeder shops like Wild Birds Unlimited, home decorating stores such as Terrazza Home & Garden, gaming hubs like Warhammer and more. The center appeals to a broad array of customer needs, and enjoys high foot traffic through its strategic position off Exit 17 on Route I-495.
Contact us
Listing Agency: CBRE | Boston
Listed By: Tyler Coady
Source: Moodyscre
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 8 at 8:15AM

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

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Investment Insights

Based on property information with market context.

This 4,949-square-foot retail offering is located within Franklin Village Plaza, a shopping center with a mix of national brands and local businesses. Stop & Shop anchors the center; other named retailers include Marshalls, Men’s Warehouse, Bob’s Discount Furniture, Famous Footwear, and Panera Bread. The tenant mix also includes dining, personal services, home décor, and specialty retail businesses.

The center is in Franklin, Massachusetts, off Exit 17 on Route I-495, and serves the surrounding Boston region.

Key Highlights

  • 4,949 square feet of retail space
  • Located in Franklin Village Plaza, anchored by Stop & Shop
  • Retailers include Marshalls, Men’s Warehouse, Bob’s Discount Furniture, Famous Footwear, and Panera Bread

Property Analytics

Current Use

Peapod by Stop ... Take-out & Catering Stop & Shop Florist (Bike/Boat/Book/etc) Store higi Physician Citizens Bank Atm Starbucks Cafe & Coffee Shop

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby
303k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 21% Apparel 16% Groceries 16%
Stop & Shop Groceries
47,671 visits/mo 0.1 miles
Marshalls Apparel
44,465 visits/mo 0.1 miles
Wendy's Dining
21,482 visits/mo 0.2 miles
Taco Bell Dining
18,546 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,427 visits/mo 0.2 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

Properties on Market for Shopping centers in Norfolk County

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Franklin Village Plaza — 250 Franklin Village Drive, Franklin, MA 02038
  • West Central Plaza — 471 W Central St, Franklin, MA 02038
  • Franklin Plaza — 393 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 - The property is within a multi-tenant center featuring national retailers, dining options, and specialty shops.
Where is this shopping center located?
The property is located at 40 Franklin Village Drive Franklin, MA.
What are key features of this property?
This property features: 4,949 square feet of retail space; Located in Franklin Village Plaza, anchored by Stop & Shop; Retailers include Marshalls, Men’s Warehouse, Bob’s Discount Furniture, Famous Footwear, and Panera Bread
(617) 833-3631 · Office Call to check price and availability
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