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Retail Space in Financial District
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50-60 Franklin Street, Boston, MA 02110

Located in Boston's Financial District near Downtown Crossing.

Days on Market1116

Property Features for 50-60 Franklin Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Atlantic Retail Boston
Listed By: Lindsey Sandell · License #MA
Source: Crexi
Added: Jul 11, 2023 Changed: Jul 10 Last Checked: Jul 28 at 4:19PM

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 Atlantic Retail Boston

Investment Insights

Based on property information with market context.

The property is situated on Franklin Street, between Hawley and Arch Streets, within Boston’s Financial District, an area encompassing 50 million square feet of office space. The location of 50-60 Franklin Street is inside the Downtown Crossing Retail Shopping District and one block from the Downtown Crossing MBTA Station. It is also located across the street from the Millennium Tower, which features 450 luxury residential units and 380,000 square feet of retail and office space, as well as a 25,000 square foot Roche Brothers.

Key Highlights

  • Prime Financial District location with 50 million SF of office space
  • Situated in the Downtown Crossing Retail Shopping District
  • One block from the Downtown Crossing MBTA Station

Property Analytics

Current Use

Down Town Crossing ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Butcher Clothing & Fashion Store Pet Grooming Service Tanning Salon Nursing Home

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

24,076
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Hotels & Casinos 39% Beauty & Spa 13% Groceries 5%
McDonald's Dining
31,271 visits/mo 0.4 miles
Boston Marriott Long Wharf Hotels & Casinos
25,424 visits/mo 0.4 miles
Marriott Vacation Club Pulse at Custom House, Boston Hotels & Casinos
15,363 visits/mo 0.2 miles
Sephora Beauty & Spa
13,861 visits/mo 0.3 miles
Chart House Dining
7,933 visits/mo 0.4 miles

Demographics for 02110, MA

2,921
Population
1,563
Households
1.9
Avg Household Size
49
Median Age
85%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
14,605
Density / Sq Mi
$132,239
Median Household Income
$111,227
Median Earnings
$3,142
Median Rent
$1,104,700
Median Home Value

Market

Lease Benchmarks for Boston, MA

$65.76 /SF/Yr
Avg Asking Price
$12–$200 /SF/Yr
Price Range
4,574 SF
Avg Space Size

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Located in Boston's Financial District near Downtown Crossing.
Where is this retail space located?
The property is located at 50-60 Franklin Street Boston, MA.
What are key features of this property?
This property features: Prime Financial District location with 50 million SF of office space; Situated in the Downtown Crossing Retail Shopping District; One block from the Downtown Crossing MBTA Station
More about this property
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