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Built-Out Medical Office Space
New
For Lease
$25 SF/Yr NNN

72 Grove Street, Franklin, MA 02038

COMMERCIAL - Franklin, MA

Space Size3,150 SF
Lot Size0.94 Acres
Days on Market2

Property Features for 72 Grove Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning INDUSTRIAL
Zoning description Legal Conforming
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions EXIT 17 495 TO GROVE STREET
Standard status Active
APN 90058
Size 8,000 SF
Lot size 0.94 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 14370

Amenities

exterior signage
laundry room

Building Details

Year built 2003
Listing Agency: Keller Williams Realty
Listed By: Keller Williams
Added: Aug 13 Last Checked: Aug 14 at 3:06AM
MLS# 73563478

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.

This medical office space is arranged for healthcare use, with five to six treatment rooms supported by a reception and waiting area. The layout also includes a private office, staff break room, laundry room, dedicated laboratory, two restrooms, and storage areas. Separate electrical and heating systems serve the premises, and exterior signage is available for practice identification.

The property occupies approximately 0.94 acres at 72 Grove Street in Franklin, Massachusetts, with 8–10 parking spaces. Zoning is listed as INDUSTRIAL, and the building was constructed in 2003. The premises are offered under an NNN lease and are scheduled to become available January 1, 2027.

Key Highlights

  • Five to six treatment rooms in a medical and dental office layout
  • Reception and waiting area, private office, break room, laundry, laboratory, and storage
  • Two restrooms and separate electrical and heating systems

Property Analytics

Current Use

Bellezza Day Spa ... Alternative Medicine Practice Simply Skin by ... Medical Clinic Smilage Dental Center Dental Office Tang Shih-Ming DDS Dental Office MASS Strength Gym & Fitness Center

Suggested Use

Top Pick Garden Center Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
Balanced
Demand for This Use

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

$20.63 /SF/Yr
Avg Asking Price
$18–$21 /SF/Yr
Price Range
2,077 SF
Avg Space Size

This space is priced 21% above the average of $20.63 /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?
Medical Office Space - Configured for medical or dental operations with reception, treatment rooms, laboratory, staff areas, and two restrooms.
Where is this medical office space located?
The property is located at 72 Grove Street Franklin, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Five to six treatment rooms in a medical and dental office layout; Reception and waiting area, private office, break room, laundry, laboratory, and storage; Two restrooms and separate electrical and heating systems
More about this property
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