Class A Office/Retail
For Lease
Contact for pricing
500 Franklin Village Drive, Franklin, MA 02038
Two-story Class A building with professional office and retail tenants.
Space Size3,178 SF - 4,001 SF
Days on Market1585
Property Features for 500 Franklin Village Drive
General Information
Standard status
Active
Size
3,178 SF - 4,001 SF
Property subtype
Office
Lease Type
Modified Gross
Building Details
Tenancy
Multiple
Spaces For Lease
at 500 Franklin Village Drive Contact us- Size
- 4,001 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 204
- Size
- 3,178 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite 205
Listing Agency:
RE/MAX Executive Realty
(508) 520-9696
Listed By:
Casey Killam · License #MA 9515907-RE-S
Source:
Crexi
Added: Apr 11, 2022
Changed: Aug 8
Last Checked: Aug 10 at 9:49AM
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 RE/MAX Executive Realty
Investment Insights
Based on property information with market context.
This is a two-story Class A building featuring professional tenants. The second floor is dedicated to office and medical tenants, while the first floor is occupied by retail businesses. The building is equipped with one passenger elevator and offers generous parking. Lease rates are negotiable.
Key Highlights
- Class A building with professional tenants
- Located on the 2nd floor with elevator access
- Generous parking
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Explore this area
Business Placement
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
$22.58 /SF/Yr
Avg Asking Price
$10–$40 /SF/Yr
Price Range
7,254 SF
Avg Space Size
This space is priced 16% below the average of $22.58 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two-story Class A building with professional office and retail tenants.
Where is this office units located?
The property is located at 500 Franklin Village Drive Franklin, MA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Class A building with professional tenants; Located on the 2nd floor with elevator access; Generous parking
