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Office Suite Near Route 495
For Lease
$19 SF/Yr

500 Franklin Village Drive #204, Franklin, MA 02038

Office suite with shared restrooms and convenient access just off Route 495, supported by generous on-site parking.

Space SizeContact for details
Days on Market49

Property Features for 500 Franklin Village Drive #204

General Information

Standard status Active
Total Parking Spaces 50
Zoning Commercial

Taxes and HOA fees

Annual Taxes $609,768

Building Details

Year Built 1987
Listing Agency: REMAX Executive Realty
Listed By: Casey Killam · License #9515907-RE-S
Source: 413realestate
Added: Jul 3 Changed: Aug 8 Last Checked: Aug 20 at 4:32AM

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.

Suite #204 is available for lease within a large, busy shopping center, offering first-class office space that overlooks Route 495. The suite provides shared public restrooms and is configured for office use.

The property is conveniently located just off Route 495 at exit #17. It offers generous on-site parking for tenant and customer convenience.

This office suite can be a practical fit for professional users seeking an office setting within an active retail environment, with straightforward highway access and parking. The lease is quoted as negotiable plus tenant electricity, and the space includes shared restroom facilities to support day-to-day operations.

Key Highlights

  • Office space in a building built in 1987
  • Convenient location just off Route 495 at exit #17, overlooking Route 495
  • Generous on‑site parking for tenants and visitors

Property Analytics

Current Use

Michelle Gaffney Foster Care Service Edison Electricians of Franklin Electrical Service Adams Michael R ... Physician Andrade Michael T ... Physician Millennium Logistics Management Logistics Company

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Auto Parts Store Barber Shop (Bike/Boat/Book/etc) Store Garden Center

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

528
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 /SF/Yr
Avg Asking Price
$18–$40 /SF/Yr
Price Range
2,792 SF
Avg Space Size

This space is priced 17% below the average of $23 /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 - Office suite with shared restrooms and convenient access just off Route 495, supported by generous on-site parking.
Where is this office units located?
The property is located at 500 Franklin Village Drive #204 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 building built in 1987; Convenient location just off Route 495 at exit #17, overlooking Route 495; Generous on‑site parking for tenants and visitors
More about this property
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