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    OFF-MARKET
    Retail properties & Spaces

    303 Central St, Franklin, MA 02038

    175,000 SF Built 1964
    Property ID
    Property summary
    AI-generated overview

    Horace Mann Plaza offers exceptional retail space in a thriving Franklin, MA location. This 175,000 square foot, grocery-anchored shopping center, renovated in 2016, features a diverse mix of national and regional tenants including Shaw's Supermarket, Dollar Tree, Big Lots, Aubuchon Hardware, Altitude Trampoline Park, Citizens Bank, and Kumon. Situated at the intersection of Route 140 and Chestnut Street, the property enjoys high visibility and accessibility with over 20,000 vehicles passing daily. The 16.99-acre site provides ample parking (971 spaces) and excellent frontage (approximately 1,300 feet). Spaces range from 2,630 to 9,335 contiguous square feet, with one currently available space measuring 1,809 square feet. The property is zoned Commercial II and boasts light controlled access. Built in 1964, this center benefits from its prime location and strong tenant roster, making it an ideal opportunity for retailers seeking high traffic and visibility in a well-established shopping center. The property's location in Norfolk County, Massachusetts, offers easy access to major transportation routes and a strong local customer base.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1964
    Total area 175,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Altitude Trampoline Park - Franklin Family Recreation Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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