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First-Floor Office Unit
For Lease
$25 SF/Yr

11-400 Hillside Ave, Needham, MA 02494

Six-office layout with reception area, flexible subdivision, and on-site parking.

Space SizeContact for details
Days on Market192

Property Features for 11-400 Hillside Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $999
Listing Agency: CRG Commercial
Listed By: John Nachtwey
Source: Exprealty
Added: Feb 9 Changed: Aug 20 Last Checked: Aug 19 at 11:03AM

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 CRG Commercial

Investment Insights

Based on property information with market context.

This 770 SF office unit occupies the first floor at 11-400 Hillside Ave in Needham, MA. The existing configuration includes six private offices and a reception area, with the option to divide the space into a single-room office.

The property includes on-site parking and is offered under a gross lease structure with a 2-year minimum lease term. The layout provides a defined reception point and multiple enclosed work areas within a compact office footprint.

Key Highlights

  • 770 SF first‑floor office unit
  • Six private offices plus reception area
  • Space can be divided into a single‑room office

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Nail Salon Barber Shop (Bike/Boat/Book/etc) Store Parking Lot & Garage Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

930
Businesses Nearby

Demographics for 02494, MA

10,732
Population
4,254
Households
2.5
Avg Household Size
43
Median Age
75%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
3,833
Density / Sq Mi
$173,750
Median Household Income
$92,148
Median Earnings
$2,452
Median Rent
$1,052,400
Median Home Value

Market

Lease Benchmarks for Needham, MA

$31.93 /SF/Yr
Avg Asking Price
$22.8–$72 /SF/Yr
Price Range
3,700 SF
Avg Space Size

This space is priced 22% below the average of $31.93 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Six-office layout with reception area, flexible subdivision, and on-site parking.
Where is this office units located?
The property is located at 11-400 Hillside Ave Needham, MA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 770 SF first‑floor office unit; Six private offices plus reception area; Space can be divided into a single‑room office
More about this property
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