Freestanding Storefront Retail
For Sale
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1081 Washington Street, Newton, MA 02465
NNN-leased retail property with a long remaining term and two renewal options.
Property Size4,470 SF
Days on Market145
Property Features for 1081 Washington Street
General Information
Standard status
Active
Size
4,470 SF
Property subtype
Retail
Additional Details
Traffic Count
25,000 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Seth Richard · License #NY 10401275108
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 8:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
Located at 1081 Washington Street, this freestanding retail building contains 4,470 square feet and is occupied by Mattress Firm under a triple-net lease. The agreement has more than nine years left in its original 11-year base term, followed by two five-year renewal options. Rent increases are scheduled at 6.25 percent during the first option and 12.5 percent during the second.
The property is positioned in West Newton’s Inside Route 128 sub-market along a dense Washington Street retail corridor. Washington Street carries over 25,000 vehicles per day, while visibility extends to the Mass Pike (I-90), which records traffic counts exceeding 131,000 vehicles per day. The site is between the Newtonville and West Newton MBTA stations and next to the Framingham/Worcester rail line. Nearby retailers and services include Trader Joe’s, Star Market, CVS Pharmacy, Starbucks, Dunkin Donuts, banks, USPS, and fuel stations.
The property is positioned in West Newton’s Inside Route 128 sub-market along a dense Washington Street retail corridor. Washington Street carries over 25,000 vehicles per day, while visibility extends to the Mass Pike (I-90), which records traffic counts exceeding 131,000 vehicles per day. The site is between the Newtonville and West Newton MBTA stations and next to the Framingham/Worcester rail line. Nearby retailers and services include Trader Joe’s, Star Market, CVS Pharmacy, Starbucks, Dunkin Donuts, banks, USPS, and fuel stations.
Key Highlights
- 4,470‑square‑foot freestanding retail building
- Mattress Firm occupies the property under a triple‑net (NNN) lease
- More than nine years remain on the original 11‑year base term
Property Analytics
Property Profile
Current Use
Lease Details
25,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Dining 25%
Shops & Services 24%
Beauty & Spa 1%
Trader Joe's
Groceries
41,205 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
12,233 visits/mo
0.5 miles
Chase Bank
Shops & Services
9,705 visits/mo
0.5 miles
Dunkin' Donuts
Dining
8,683 visits/mo
0.4 miles
Shell
Shops & Services
8,122 visits/mo
0.4 miles
Demographics for 02465, MA
12,415
Population
4,452
Households
2.8
Avg Household Size
42
Median Age
78%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
5,643
Density / Sq Mi
$174,518
Median Household Income
$93,021
Median Earnings
$2,251
Median Rent
$1,098,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Centre Pieces Design — 801 Washington St, Newton, MA 02460
- Floristika Studio — 435 Newtonville Ave, Newton, MA 02460
Frequently Asked Questions
What type of property is this?
Storefront property - NNN-leased retail property with a long remaining term and two renewal options.
Where is this storefront property located?
The property is located at 1081 Washington Street Newton, MA.
What are key features of this property?
This property features: 4,470‑square‑foot freestanding retail building; Mattress Firm occupies the property under a triple‑net (NNN) lease; More than nine years remain on the original 11‑year base term
