Listing Agency: Godino & Company, Inc. s***@godinoco.com Show Phone

Listed By: Tom Godino · License #9578894

Source: Moodyscre

Added: Mar 14, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:35AM

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Investment Insights

Based on property information with market context.

This 2,170-square-foot office space is available for rent and located on Watertown St in Newton, MA. The space is move-in ready and features recent upgrades. It includes a large open workspace, four private offices, a conference room, private bathrooms, and a break room. Furniture is available. The property is located near many restaurants and a Dunkin Donuts. A municipal parking lot is located in the rear of the building.

Key Highlights

• Prime, plug & play office space with recent upgrades
• Furniture is available
• Large open workspace, 4 private offices, and conference room

Property Analytics

Property Profile

Current Use

The Village Bank Bank

Suggested Use

Top Pick Bar & Pub Clothing & Fashion Store Cosmetic Store Home Appliance Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

749

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Newton, MA

$36.42 /SF/Yr

Avg Asking Price

$20.31–$80 /SF/Yr

Price Range

5,145 SF

Avg Space Size

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 units - Prime office space with recent upgrades, furniture available.

Where is this office units located?

The property is located at 411 Watertown St Newton, MA.

What are key features of this property?

This property features: Prime, plug & play office space with recent upgrades; Furniture is available; Large open workspace, 4 private offices, and conference room