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Shopping Center Office Unit
New
For Lease
$19 SF/Yr

500 Franklin Village Drive #205, Franklin, MA 02038

Office space with shared restrooms, on-site parking, and direct proximity to Route 495.

Space SizeContact for details
Days on Market3

Property Features for 500 Franklin Village Drive #205

General Information

Standard status Active
Zoning Commercial, Legal Conforming

Additional Details

Space Use Office
Highway Access Yes

Taxes and HOA fees

Annual Taxes $609,768

Amenities

shared public restrooms

Building Details

Year Built 1987
Listing Agency: REMAX Executive Realty
Listed By: Casey Killam · License #9515907-RE-S
Source: Startpoint
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 6:17AM

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 unit #205 is located within a shopping center at 500 Franklin Village Drive in Franklin, Massachusetts. The property was built in 1987 and offers office space with shared public restrooms and generous on-site parking. Zoning is Commercial, Legal Conforming.

The location provides convenient access to Route 495, with the office positioned just off the highway near Exit #17. The space also overlooks Route 495, giving occupants a prominent setting within the commercial center.

Key Highlights

  • Office unit #205 at 500 Franklin Village Drive
  • Located just off Route 495 at Exit #17
  • Overlooks Route 495

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

Yes
Highway access
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

$22.58 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
7,254 SF
Avg Space Size

This space is priced 16% below the average of $22.58 /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 space with shared restrooms, on-site parking, and direct proximity to Route 495.
Where is this office units located?
The property is located at 500 Franklin Village Drive #205 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 unit #205 at 500 Franklin Village Drive; Located just off Route 495 at Exit #17; Overlooks Route 495
More about this property
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