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Office Units with On-Site Parking
For Lease
$19 SF/Yr

500 Franklin Village Drive, Franklin, MA 02038

COMMERCIAL - Franklin, MA

Space SizeContact for details
Lot Size27.92 Acres
Days on Market657

Property Features for 500 Franklin Village Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Zoning description Legal Conforming
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions Rte. 495 to exit #17 (Rte. 140), Franklin Village Mall
Standard status Active
APN M:270 L:014
Lot size 27.92 Acres

Taxes and HOA fees

Tax Year 2010
Tax Annual Amount 609768

Amenities

shared public restrooms

Building Details

Year built 1987
Listing Agency: REMAX Executive Realty · RE/MAX International
Listed By: Bill Wright · License #9515907-RE-S
Added: Oct 22, 2024 Changed: Aug 4 Last Checked: Aug 9 at 4:06AM
MLS# 73304972

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units at 500 Franklin Village Drive, built in 1987, overlooking Route 495. The space includes shared public restrooms and offers a view-facing setup intended for office users seeking convenient highway visibility.

The property is located just off Route 495 at exit #17 and is part of a large, busy shopping center. On-site parking is described as generous, supporting client and employee access.

For leasing, the lease rate is negotiable and tenant electricity applies. The listing also notes shared restrooms for the office space configuration.

Key Highlights

  • Overlooks 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

$22.37 /SF/Yr
Avg Asking Price
$9–$40 /SF/Yr
Price Range
7,910 SF
Avg Space Size

This space is priced 15% below the average of $22.37 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Commercial-zoned office units with generous on-site parking and shared public restrooms.
Where is this office units located?
The property is located at 500 Franklin Village Drive Franklin, MA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Overlooks Route 495; Located just off Route 495 at exit #17; Generous on‑site parking
More about this property
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