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Franklin Village Plaza Retail Space
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250 Franklin Village Drive, Franklin, MA 02038

Premier shopping center with diverse tenants and high foot traffic.

Space Size2,285 SF
Property Size303,144 SF
Days on Market1319

Property Features for 250 Franklin Village Drive

General Information

Standard status Active
Size 2,285 SF
Total Parking Spaces 1486
Property subtype Retail

Building Details

Building Size 303,144 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 250 Franklin Village Drive Contact us

Suite 46B

Size
2,285 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: KPR Katz Properties Retail
Listed By: Garrett B. Secrest · License #NH
Source: Crexi
Added: Jan 21, 2023 Changed: Aug 26 Last Checked: Aug 31 at 11:44PM

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 KPR Katz Properties Retail

Investment Insights

Based on property information with market context.

Franklin Village Plaza is a shopping center located in Franklin, MA, serving the surrounding Boston region. Anchored by Stop & Shop, the plaza features a diverse tenant roster that includes both local boutiques and national brands such as Marshalls, Men’s Warehouse, Bob's Discount Furniture, and Panera Bread. Several popular local businesses are also located within the center, including NRG Lab, Public House, Pepper Terrace, and L’Equipe Salon. The plaza also houses a number of specialty tenants catering to diverse interests, such as Wild Birds Unlimited, Terrazza Home & Garden, and Warhammer. The center benefits from high foot traffic due to its strategic position off Exit 17 on Route I-495.

Key Highlights

  • Anchored by Stop & Shop and other national brands like Marshalls, Men’s Warehouse, Bob's Discount Furniture and Panera Bread
  • High foot traffic due to strategic location off Exit 17 on Route I‑495
  • Diverse tenant roster includes local boutiques and well‑known national brands

Property Analytics

Current Use

LongHorn Steakhouse Restaurant Franklin Village Plaza Shopping Center & Mall Tesla Supercharger Electric Vehicle Charging Station Mattress Firm Franklin Furniture & Home Goods

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby
285k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 20% Apparel 17% Groceries 17%
Stop & Shop Groceries
47,671 visits/mo 0.2 miles
Marshalls Apparel
44,465 visits/mo 0.1 miles
Wendy's Dining
21,482 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,427 visits/mo 0.3 miles
Dollar Tree Shops & Services
14,049 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Franklin Village Plaza 250 Franklin Village Drive, Franklin, MA 02038
  • West Central Plaza 471 W Central St, Franklin, MA 02038
  • Franklin Plaza 393 W Central St, Franklin, MA 02038
  • Coinstar Kiosk | Bitcoin ATM Stop & Shop - New England, 40 Franklin Village Dr, 40 Franklin Village Drive, Franklin, MA 02038

Frequently Asked Questions

What type of property is this?
Shopping center - Premier shopping center with diverse tenants and high foot traffic.
Where is this shopping center located?
The property is located at 250 Franklin Village Drive Franklin, MA.
What are key features of this property?
This property features: Anchored by Stop & Shop and other national brands like Marshalls, Men’s Warehouse, Bob's Discount Furniture and Panera Bread; High foot traffic due to strategic location off Exit 17 on Route I‑495; Diverse tenant roster includes local boutiques and well‑known national brands
More about this property
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