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Needham Suburban Office Space Available
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254 Second Avenue, Needham, MA 02494

86,906 SF office building in Needham's innovation hub.

Space Size71,793 SF
Days on Market287

Property Features for 254 Second Avenue

General Information

Standard status Active
Size 71,793 SF
Property subtype Life Science / Advanced R&D

Spaces For Lease

at 254 Second Avenue Contact us

1st Floor - 24,458-71,493 SF Single-Story Opportunity

Size
71,793 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Newmark | Boston
Listed By: Matthew Malatesta
Source: Nmrk
Added: Nov 24, 2025 Changed: Sep 4 Last Checked: Sep 6 at 6:31AM

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 Newmark | Boston

Investment Insights

Based on property information with market context.

The property at 254 Second Avenue is an 86,906 SF suburban office building situated in Needham's innovation hub. It is home to technology companies. The property provides access to both north and south bound lanes of I-95/Route 128 and is located 1/2 mile off Exit 19A. On-site amenities include a fitness center, grab & go food service, and renovated common areas. Nearby nature trails are available, as well as the 128 Business Council Shuttle, which provides access to the MBTA Green Line. The building is surrounded by area amenities within walking distance or a short drive, including restaurants, retailers, day care, and fitness centers.

Key Highlights

  • Excellent access to I‑95/Route 128 (1/2 mile off Exit 19A).
  • Located in Needham's innovation hub, home to technology companies.
  • On‑site fitness center and grab & go food service.

Property Analytics

Current Use

Quinn Eileen M Physician Commons Capital, LLC Financial Advisor Watertown Tab & Press Publishing House VNA Care Home Health Care Service Gate House Media ... Business Management Consultant

Suggested Use

Top Pick Food Market Grocery & Convenience Store Pharmacy (Bike/Boat/Book/etc) Store Bakery Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,505
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

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
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Frequently Asked Questions

What type of property is this?
Office building - 86,906 SF office building in Needham's innovation hub.
Where is this office building located?
The property is located at 254 Second Avenue Needham, MA.
What are key features of this property?
This property features: Excellent access to I‑95/Route 128 (1/2 mile off Exit 19A).; Located in Needham's innovation hub, home to technology companies.; On‑site fitness center and grab & go food service.
More about this property
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