Property summary
Franklin Village Plaza, a premier shopping center in Norfolk County, Massachusetts, offers a unique retail investment opportunity. This 303,144 square foot center, situated on a 33.66-acre lot, boasts 1,486 parking spaces and is conveniently located off Route I-495, Exit 17, serving the greater Boston area. Built in 1987, the property currently features four suites, with 9,050 square feet of vacant space available. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 3,200 square feet. The center enjoys high foot traffic due to its strategic location and diverse tenant mix, including national brands like Marshalls, Men's Warehouse, Bob's Discount Furniture, and Panera Bread, as well as a Stop & Shop anchor tenant. In addition to these established businesses, Franklin Village Plaza houses several popular local businesses, offering a unique blend of national and local retail experiences. This diverse tenant roster caters to a broad range of customer needs, ensuring consistent foot traffic and strong potential for future growth. The property's ample parking and convenient location make it an attractive destination for shoppers in the region. This is an exceptional opportunity to acquire a well-established retail property in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Shopping Center & Mall
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Electric Vehicle Charging Station
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Furniture & Home Goods
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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