Current Commercial Real Estate Listings in Franklin, MA
Why You Should Lease/Own Commercial Property in Franklin, MA
If you’re looking for a quaint New England town that marries rich history with modern conveniences, you’ve come to the right place. Welcome to Franklin, Massachusetts. Settled in 1660 and officially incorporated in 1778, the town (which is technically a city) was originally called Exeter, but the citizens opted to rename it Franklin after the infamous statesman Benjamin Franklin.
Today, Franklin is a thriving community, boasting one of the best school systems in the country, ample high quality housing and a well-developed economy perfect for business startups or companies looking to relocate. In fact, it was recently listed by CNN Money as one of the 100 best places to live and launch in the US and has been ranked as the safest city in the country many times over. If you’re interested in leasing commercial property in Franklin, you’re in good company.
Why you want to lease commercial property in Franklin
There are countless reasons that leasing commercial property in Franklin is a wise business decision. Not only is there ample opportunity for growth, but the town continues to make great strides in making it as easy and profitable as possible to put down roots here. Startups and relocating companies alike can take advantage of a variety of business incentives, such as tax credits as well as incentive payments for new job creation.
Franklin also happens to be ideally located, just 35 miles southwest of Boston, 33 miles southeast of Worcester and 20 miles north of Providence. The town features two convenient commuter rail stations and two exits off I-495.
Perhaps one of the nicest perks of leasing commercial property in Franklin is the access it affords to a pool of well-educated, established and affluent individuals. The city is home to Dean College, a private, fully accredited institution that has churned out more than 25,000 successful students over the past 150 years. And with a median income of over $100k, businesses have their pick of qualified workers as well as prospective clientele.
Who’s already here?
Franklin features a growing population of more than 32,000 residents who love its small-town feel and laid-back, friendly atmosphere. Median home value is around $385k, which is significantly higher than the national average, but still comfortably lower than other, more prominent nearby Massachusetts cities and towns. It’s very family-friendly – a place where younger couples are drawn thanks to its excellent schools, reasonable real estate, safe neighborhoods and convenient proximity.
Along with its residential appeal, Franklin also boasts a healthy commercial and industrial base. An attractive single tax rate has been instrumental in drawing a number of regional and nationally known brands, including Putnam Investments, EMC, Raytheon Company, Cisco and Garelick Farms. It’s also home to a number of thriving small, independent and locally owned businesses, something the residents here particularly treasure.
The best news is, thanks to recent and ongoing economic development in the area, there’s never been a better time for businesses interested in leasing commercial property in Franklin.
To find out what’s available, contact our Franklin commercial leasing experts today!