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    250 Franklin Village Dr Franklin, MA 02038

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    For Lease
    Contact for pricing

    Prime Franklin, MA Retail Opportunity

    Lot size:
    244,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Franklin Village Plaza, located at 250 Franklin Village Drive in Franklin, Massachusetts (zip code 02038), offers exceptional retail space for lease. This prominent commercial property boasts a total of 244,940 square feet and currently has 11,050 square feet of vacant space available. The property is situated in Norfolk County and provides multiple tenancy options, making it ideal for a variety of businesses. Units range in size from a minimum of 1,000 square feet to a maximum contiguous space of 3,600 square feet, offering flexibility for businesses of different scales. The property's strategic location in Franklin, MA ensures high visibility and accessibility for customers. This is a unique opportunity to establish or expand your retail presence in a thriving community. The property's size and layout provide ample space for various retail concepts, and the available square footage allows for customization to meet specific business needs. With its convenient location and versatile space options, Franklin Village Plaza presents a compelling investment opportunity for discerning retailers seeking a strong foothold in the Massachusetts market. Interested parties are encouraged to inquire about available spaces and lease terms. The property is classified as retail commercial space.

    Property Features for 250 Franklin Village Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    244,940 SF

    Unit(s) available at that property

    Space
    Suite 18
    Size
    1,600 SF
    Space
    Suite 26
    Size
    3,600 SF
    Space
    Suite 39
    Size
    2,565 SF
    Space
    Suite 44
    Size
    1,000 SF
    Space
    Suite 46B
    Size
    2,285 SF

    HighLights

    • Highly desirable Franklin, MA shopping center.
    • Strong tenant lineup including Stop & Shop, Marshalls, NRG Lab, Famous Footwear, and other national retailers.
    • Excellent visibility and accessibility from I‑495, boasting over 94,000 vehicles daily.
    • Affluent trade area with average household income exceeding $165,738 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    LongHorn Steakhouse Steak House Franklin Village Plaza Shopping Mall Tesla Supercharger Electric Vehicle Charging Station Mattress Firm Franklin Mattress Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.4232572
    Latitude
    42.0893095

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    FAQs

    What type of property is this?
    Retail property - Prime Franklin, MA Retail Opportunity
    Where is this retail property located?
    The property is located at 250 Franklin Village Dr Franklin, MA.
    What are key features of this property?
    This property features: Highly desirable Franklin, MA shopping center.; Strong tenant lineup including Stop & Shop, Marshalls, NRG Lab, Famous Footwear, and other national retailers.; Excellent visibility and accessibility from I-495, boasting over 94,000 vehicles daily.
    Request Owner's contact information
    250 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
    250 Franklin Village Dr Franklin, MA 02038
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