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Office Unit Overlooking Route 495
For Lease
$19 SF/Yr

500 Franklin Village Dr Unit 205, Franklin, MA 02038

Office space in a shopping center with on-site parking and shared public restrooms.

Space SizeContact for details
Days on Market11

Property Features for 500 Franklin Village Dr Unit 205

General Information

Standard status Active

Additional Details

Space Use Office
Highway Access Yes

Amenities

on-site parking
shared public restrooms

Building Details

Year Built 1987
Listing Agency: REMAX Executive Realty
Listed By: Casey Killam · License #9515907-RE-S
Source: Alpernandmesenbourg
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 30 at 7:47PM

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 part of a shopping center office environment and was built in 1987. The suite overlooks Route 495 and includes access to shared public restrooms, with generous on-site parking available for occupants and visitors.

The property is located just off Route 495 at exit #17 in Franklin, Massachusetts. Its placement within the shopping center provides a commercial setting with direct proximity to the highway corridor.

Key Highlights

  • Office unit overlooking Route 495
  • Located just off Route 495 at exit #17
  • Generous on‑site parking

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

$23.09 /SF/Yr
Avg Asking Price
$18–$40 /SF/Yr
Price Range
3,101 SF
Avg Space Size

This space is priced 18% below the average of $23.09 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a shopping center with on-site parking and shared public restrooms.
Where is this office units located?
The property is located at 500 Franklin Village Dr Unit 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 overlooking Route 495; Located just off Route 495 at exit #17; Generous on‑site parking
More about this property
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