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    500 Franklin Village Dr Franklin, MA 02038

    For Lease
    $19 SF/Yr

    Class A Office Space, Multiple Suites Available

    Lot size:
    10,327 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A office building at 500 Franklin Village Drive in Franklin, Massachusetts, 02038 offers multiple executive office suites for lease. The two-story building boasts a prime location and features a mix of professional office and medical tenants on the second floor, complemented by retail tenants on the ground floor. Available spaces range from 1,278 square feet to 4,001 square feet, providing flexibility for businesses of various sizes. The building is equipped with a passenger elevator for convenient access to all floors. Ample parking is available for tenants and their clients. The building's professional atmosphere and convenient amenities make it an ideal location for businesses seeking a prestigious address in Franklin. The lease rate is negotiable, offering flexibility to suit individual business needs. This is a fantastic opportunity to secure high-quality office space in a thriving community. The property is situated at 42.0894984 latitude and -71.4248342 longitude. Contact us today to schedule a viewing and discuss your leasing requirements.

    Property Features for 500 Franklin Village Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,327 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 103
    Size
    1,870 SF
    Rate per SF
    $19
    Space
    Suite 102
    Size
    1,278 SF
    Rate per SF
    $19
    Space
    Suite 204
    Size
    4,001 SF
    Rate per SF
    $19
    Space
    Suite 205
    Size
    3,178 SF
    Rate per SF
    $19
    Property Profile Location Intelligence

    Current Use by Public Records

    Michelle Gaffney Social Worker Edison Electricians of Franklin Electrician Adams Michael R ... Optometrist Andrade Michael T ... Optometrist Millennium Logistics Management Logistics Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.4248342
    Latitude
    42.0894984

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, Multiple Suites Available
    Where is this office property / space located?
    The property is located at 500 Franklin Village Dr Franklin, MA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    Request Owner's contact information
    500 Franklin Village Dr Franklin, MA 02038
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    Franklin, MA 02038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Franklin Village Dr Franklin, MA 02038
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