Franklin Retail

Franklin

Office Space Market Report

Number of Listings (last 90 days)
158
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
4,500
As of: August 22, 2017

Franklin Rates

On average, listings lease in the $30's per square foot per year. The Franklin submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 6% increase in rent.

Franklin Listing Supply

In the last 90 days, 24 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 83% of the office spaces in the Franklin are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 5 stories. Most buildings in this area were built in 2000 and are Class A.

Franklin Community

Market Report

Trends and status of the commercial real estate market in Franklin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Franklin.
Research