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Medical Office Suite with Treatment Rooms
New
For Lease
$25 SF/Yr NNN

72 Grove St Suite 2, Franklin, MA 02038

Built-out medical and dental office with dedicated clinical, administrative, laboratory, and staff areas under an NNN lease structure.

Space Size3,150 SF
Property Size8,000 SF
Days on Market7

Property Features for 72 Grove St Suite 2

General Information

Standard status Active
Size 3,150 SF
Net Rentable 3,150 SF
Property subtype Commercial
Lease Type NNN

Space & Availability

Available Space 3,150 SF
Contiguous Space 3,150 SF
Space Use Medical Office
Condition Turnkey
Available From 2027-01-01
Private Offices 1

Taxes and HOA fees

Annual Taxes $14,370

Building Details

Building Size 8,000 SF
Year Built 2003
Listing Agency: Keller Williams Realty
Listed By: Charlotte Liu
Source: Elliman
Added: Aug 14 Changed: Aug 16 Last Checked: Aug 19 at 12:23PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 3,150-square-foot medical office suite was built in 2003 and configured for clinical practice use. The layout includes five to six treatment rooms, a reception and waiting area, private office, staff break room, laundry room, dedicated laboratory, two restrooms, and substantial storage. Separate electrical and heating systems support the suite, while exterior signage provides an identified presence for the practice.

The property is at 72 Grove St Suite 2 in Franklin, Massachusetts, with 8-10 parking spaces. The location records a walk score of 57 and a bike score of 27. Occupancy is scheduled to begin January 1, 2027, and the space is offered under a triple-net lease structure.

Key Highlights

  • 3,150‑square‑foot medical office suite at 72 Grove St Suite 2
  • Five to six treatment rooms with reception and waiting area
  • Dedicated laboratory, private office, break room, and laundry room

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

$21.56 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
3,076 SF
Avg Space Size

This space is priced 16% above the average of $21.56 /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?
Medical Office Space - Built-out medical and dental office with dedicated clinical, administrative, laboratory, and staff areas under an NNN lease structure.
Where is this medical office space located?
The property is located at 72 Grove St Suite 2 Franklin, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,150‑square‑foot medical office suite at 72 Grove St Suite 2; Five to six treatment rooms with reception and waiting area; Dedicated laboratory, private office, break room, and laundry room
More about this property
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