124 Grv St, Franklin, MA 02038-3156
This exceptional Class A office building, located at 124 Grove Street in Franklin, Massachusetts, offers a rare opportunity for businesses seeking prestigious executive office space. The property boasts a total of 112,756 square feet across three stories, with 36,757 square feet currently vacant and available for lease. Units range from a minimum of 1,682 square feet to a maximum contiguous space of 9,119 square feet, providing flexibility for various business needs. The building features impressive architectural details including marble floors and an elegant oak and glass stairway. Ample parking is provided with 560 free surface spaces. The property benefits from robust electrical service, including 1,800 Amps, 460 volts, and 3-phase power. Situated on a 12.6-acre lot in Norfolk County, this location offers convenient access to amenities. Within a mile of the MBTA station at Forge Park, the building enjoys proximity to the vibrant Franklin Village Shopping Center, home to over 40 restaurants and retail stores. This is an unparalleled opportunity to establish your business in a highly desirable and well-connected location. The building is suitable for multiple tenants.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.