Framingham, MA
Commercial Real Estate Market Trends & Data

$312 Avg asking sale price
$19 Avg asking lease rate
8,546 SF Avg unit lease size
72,175 SF Avg building size for sale
6.53% Average cap rate

Framingham's Demographic Profile

Framingham has 28,500 households and a median income of $92,728, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 74,650
# Households 28,500
Median age 40
Median household income $92,728
Avg household size 3.0
Renter-occupied housing units 13,672
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Framingham, MA

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Nearby Retail Markets Avg Cost/SF Typical Size
Framingham $493 9,516 SF
Ashland $244 12,539 SF
Natick $740 6,442 SF
Southborough $485 17,600 SF
Wayland $509 8,718 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Framingham $400 19,866 SF 6.24%
Ashland $564 19,866 SF 6.24%
Natick $400 19,866 SF 6.24%

Commercial Properties For Sale in Framingham

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

665 Cochituate Rd

Framingham, MA 01701

  • 10,240 SF Retail Building
  • 9.00% Cap Rate
  • $3,637,000
For Sale

621 Boston Post Rd

Sudbury, MA 01776

  • 5,300 SF Retail Building
  • $2,100,000
For Sale

495 Old Connecticut Path

Framingham, MA 01701

  • 12,670 SF Office Building
  • $999,999
For Sale

CVS Pharmacy

Wayland, MA 01778

  • 10,880 SF Retail Building
  • 5.50% Cap Rate
  • $7,272,727
For Sale

190 Fountain St

Framingham, MA 01702

  • 32,696 SF Industrial Building
  • $4,500,000
For Sale

The Richardson Portfolio

Framingham, MA

  • 6.24% Cap Rate
  • $7,950,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Framingham pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Framingham $312 72,175 SF
Ashland $317 20,912 SF
Natick $445 83,700 SF
Southborough $256 34,034 SF
Wayland $401 140,766 SF

Regional Demographic Comparison

This comparison places Framingham alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Framingham or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Ashland 18,915 7,254 43 $121,417 3 1,775 -1%
Natick 36,006 14,490 43 $127,165 2 4,824 -2%
Southborough 10,399 3,599 44 $177,099 3 548 -1%
Wayland 14,706 5,306 47 $214,505 3 562 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Framingham, MA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Framingham

View All Commercial Real Estate For Sale in Framingham
Is Framingham a good market for a first-time commercial real estate investor?

Framingham offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Framingham?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Framingham. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Framingham?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Framingham. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Framingham compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Framingham. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Framingham acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Framingham, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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