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

500 Franklin Village Drive #205, Franklin, MA 02038

On-site parking serves the office, which has access to shared public restrooms.

Space SizeContact for details
Days on Market7

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
Source: Bostoniaproperties
Added: Oct 19 Changed: Oct 22 Last Checked: Oct 22 at 2:36PM

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

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Investment Insights

Based on property information with market context.

Office space at 500 Franklin Village Drive, Unit 205, is part of a shopping center in Franklin, Massachusetts. The property was built in 1987 and is zoned Commercial, Legal Conforming. Shared public restrooms and on-site parking serve the unit.

The location overlooks Route 495 and is just off the highway at Exit 17.

Key Highlights

  • Office unit at 500 Franklin Village Drive, Unit 205, Franklin, MA 02038
  • Overlooks Route 495, with access just off the highway at Exit 17
  • Built in 1987

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Auto Parts Store Parking Lot & Garage Garden Center Hair Salon HVAC Service 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Franklin, MA

$19.57 /SF/Yr
Avg Asking Price
$17–$21 /SF/Yr
Price Range
4,937 SF
Avg Space Size

This space is priced 3% below the average of $19.57 /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

Frequently Asked Questions

What type of property is this?
Office unit - On-site parking serves the office, which has access to shared public restrooms.
Where is this office unit 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 at 500 Franklin Village Drive, Unit 205, Franklin, MA 02038; Overlooks Route 495, with access just off the highway at Exit 17; Built in 1987
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