Built-Out Retail
For Lease
$5,000/Mo
1148 Centre Street Unit LL, Newton, MA 02459
Lower-level retail suite available for sublease with an existing massage-use buildout and beauty-spa potential.
Space Size1,551 SF
Days on Market61
Property Features for 1148 Centre Street Unit LL
General Information
Standard status
Active
Size
1,551 SF
Net Rentable
1,551 SF
Space & Availability
Available Space
1,551 SF
Contiguous Space
1,551 SF
Space Use
Retail
Sublease
Yes
Additional Details
Anchor Co-Tenants
Dellaria Salons
Building Details
Year Built
1987
Listing Agency:
JMJ Commercial Realty,Inc.
Listed By:
Gregory Costello
(617) 750-6378
Source:
Benoitrealestate
Added: Jul 10
Changed: Sep 7
Last Checked: Sep 7 at 2:53PM
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 JMJ Commercial Realty,Inc.
Investment Insights
Based on property information with market context.
Unit LL at 1148 Centre Street offers 1,551 SF of lower-level retail space for sublease in Newton Centre. The suite was built in 1987 and is currently configured for massage use, providing an existing layout for a compatible beauty or spa operation.
The property is located within the Dellaria Salons location, creating an established salon setting for a complementary use. Hair salon and nail salon operations are excluded. The space provides a focused option for an operator seeking a retail suite with existing specialty-use improvements in Newton, Massachusetts.
The property is located within the Dellaria Salons location, creating an established salon setting for a complementary use. Hair salon and nail salon operations are excluded. The space provides a focused option for an operator seeking a retail suite with existing specialty-use improvements in Newton, Massachusetts.
Key Highlights
- 1,551 SF lower‑level retail suite in Unit LL
- Available for sublease in Newton Centre
- Existing massage‑use buildout
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,593
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 26%
Home Improvements & Furnishings 11%
Dunkin' Donuts
Dining
3,943 visits/mo
0.3 miles
Shell
Shops & Services
2,755 visits/mo
0.5 miles
Santander Bank
Shops & Services
2,650 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
2,281 visits/mo
0.2 miles
Gulf Oil
Shops & Services
2,133 visits/mo
0.3 miles
Demographics for 02459, MA
19,017
Population
6,828
Households
2.8
Avg Household Size
44
Median Age
84%
College-Educated
98%
High-School Grad
5.0 sq mi
ZIP Area
3,803
Density / Sq Mi
$214,941
Median Household Income
$87,409
Median Earnings
$2,308
Median Rent
$1,336,200
Median Home Value
Market
Lease Benchmarks for Newton, MA
$36.56 /SF/Yr
Avg Asking Price
$30–$49 /SF/Yr
Price Range
3,512 SF
Avg Space Size
This space is priced 6% above the average of $36.56 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lower-level retail suite available for sublease with an existing massage-use buildout and beauty-spa potential.
Where is this retail space located?
The property is located at 1148 Centre Street Unit LL Newton, MA.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: 1,551 SF lower‑level retail suite in Unit LL; Available for sublease in Newton Centre; Existing massage‑use buildout
