Framingham Retail and Office
For Lease
$2,400/Mo
61 Nicholas Rd #7, Framingham, MA 01701
Retail and office spaces for lease in multi-use building.
Space SizeContact for details
Days on Market800
Property Features for 61 Nicholas Rd #7
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$44,845
Building Details
Year Built
1957
Listing Agency:
Coldwell Banker Realty - Framingham
Listed By:
Sam Takla
Source:
Corcoran
Added: Jun 27, 2024
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 Coldwell Banker Realty - Framingham
Investment Insights
Based on property information with market context.
The property features a 1,500 sq ft store and two office spaces available for lease. It is located on the main level of an 18,774 sq ft multi-use building in North Framingham. The first floor houses six retail stores, and the second floor contains six office spaces. The building is professionally managed and provides ample parking for over 84 cars. The location is conveniently situated just minutes from Route 9 and the Mass Pike. Tenants are responsible for their own electric and gas bills.
Key Highlights
- Prime location in desirable North Framingham, offering high visibility and accessibility.
- Ample parking with space for over 84 cars, a significant convenience for customers and employees.
- Professionally managed building, ensuring well‑maintained premises and responsive service.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.54 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 01701, MA
33,005
Population
13,131
Households
2.5
Avg Household Size
44
Median Age
61%
College-Educated
95%
High-School Grad
16.9 sq mi
ZIP Area
1,953
Density / Sq Mi
$127,000
Median Household Income
$69,672
Median Earnings
$1,973
Median Rent
$612,600
Median Home Value
Market
Lease Benchmarks for Framingham, MA
$19.07 /SF/Yr
Avg Asking Price
$10.29–$23 /SF/Yr
Price Range
5,908 SF
Avg Space Size
This space is priced 46% below the average of $19.07 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and office spaces for lease in multi-use building.
Where is this retail space located?
The property is located at 61 Nicholas Rd #7 Framingham, MA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Prime location in desirable North Framingham, offering high visibility and accessibility.; Ample parking with space for over 84 cars, a significant convenience for customers and employees.; Professionally managed building, ensuring well‑maintained premises and responsive service.
