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Horace Mann Plaza 221-303 E Central St

1,910 - 27,068 SF of Retail Space Available in Franklin, MA 02038

HIGHLIGHTS

  • 175,000 +/- square foot grocery-anchored shopping center.
  • Light controlled access, ample parking and excellent visibility with approximately 1,300 feet of frontage.
  • Last space available for lease: 1,809 +/- SF.
  • Tenants include Shaw' s, Aubuchon Hardware, Citizens Bank, Kumon, and Altitude Trampoline Park.
  • Traffic counts of over 20,000 +/- VPD.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste D
  • 25,158 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
303 E Central St - 1st Floor - Ste D
Space Use
Retail
Availability
April 01, 2025
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste E
  • 1,910 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
303 E Central St - 1st Floor - Ste E
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste D 25,158 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste E 1,910 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

303 E Central St - 1st Floor - Ste D

Size
25,158 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
April 01, 2025

  • Lease rate does not include utilities, property expenses or building services

303 E Central St - 1st Floor - Ste E

Size
1,910 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT HORACE MANN PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Altitude Trampoline Park
  • Fitness
  • 83
  • National
  • Aubuchon Hardware
  • Hardware
  • 99
  • Regional
  • Dollar Tree
  • Dollar/Variety/Thrift
  • 10,463
  • International
  • Pet Supplies Plus
  • Pet Shop/Supplies
  • 947
  • National
  • Shaw's
  • Supermarket
  • 177
  • Regional
TENANT DESCRIPTION US LOCATIONS REACH
Altitude Trampoline Park Fitness 83 National
Aubuchon Hardware Hardware 99 Regional
Dollar Tree Dollar/Variety/Thrift 10,463 International
Pet Supplies Plus Pet Shop/Supplies 947 National
Shaw's Supermarket 177 Regional

PROPERTY FACTS FOR 221-303 E CENTRAL ST , FRANKLIN, MA 02038

Total Space Available 27,068 SF
Center Type Community Center
Parking 1,423 Spaces
Stores 17
Center Properties 5
Frontage
901’ on Central St
  • 330’ on Glen Meadow Rd
Gross Leasable Area 154,374 SF
Total Land Area 70.92 AC
Year Built 1963
Cross Streets Lewis St

ABOUT THE PROPERTY

Horace Mann Plaza is a premier 166,685 ± square foot grocery-anchored shopping center located in the eastern portion of Franklin, MA at the intersection of Route 140 and Chestnut Street. This quality shopping center is anchored by Shaws Supermarket, one of New England’ s premier grocers. Horace Mann Plaza benefits from a diverse tenant roster of national and regional retailers including Pet Supplies Plus, Tropical Smoothie Cafe, Altitude Trampoline Park, Aubuchon Hardware, Citizens Bank and Kumon. The shopping center is strategically situated on Route 140, one of Franklin’ s major thoroughfares featuring traffic counts of 13,597 +/- VPD on East Central Street and 9,620 +/- VPD on Chestnut Street. The shopping center offers light controlled access, ample parking and excellent visibility with approximately 1,300 feet of frontage.

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Kiosk/Cart Space

NEARBY MAJOR RETAILERS

Starbucks
Rockland Trust Company
Big Y World Class Market
WW
Citizens Bank
Fitness Together
  • Listing ID: 12128948

  • Date on Market: 1/3/2025

  • Last Updated:

  • Address: 221-303 E Central St, Franklin, MA 02038

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