Spaces For Lease

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55 Needham St

Floor

1

Size

2,259 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Needham Street Village Shops is a 19,000sf quality service/convenience center,... featuring contemporary design, streetscape visibility, multiple access points and the strongest (4:1) parking ratio in the market. Newton, MA is one of the most affluent and densely populated communities in Greater Boston with a median household income of $164,226 and a 3-mile population of 116,503, added to which is a daytime population of 85,000. - Located at the gateway to the Needham Street Retail Corridor, it is the entry point to over 600,000 sf of retail GLA, featuring national retailers such as TJ Maxx, Staples, Marshalls, Petco and HomeGoods.

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Listing Agency: Bierbrier Development Show Phone

Listed By: Brian Callahan Show Phone

Source: Moodyscre

Added: Apr 8, 2025 Changed: Aug 15 Last Checked: Sep 13 at 11:09AM

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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 Bierbrier Development

Investment Insights

Based on property information with market context.

Needham Street Village Shops is a 19,000 SF service/convenience center featuring contemporary design and streetscape visibility. The center offers multiple access points and a strong 4:1 parking ratio.

Located at the gateway to the Needham Street Retail Corridor, the property serves as the entry point to more than 600,000 SF of retail GLA, with national retailers including TJ Maxx, Staples, Marshalls, Petco, and HomeGoods.

The available retail space is located at 55 Needham St, Newton, MA 02461.

Key Highlights

• 19,000 SF service and convenience retail center with contemporary design
• Multiple access points for convenient ingress and egress
• 4:1 parking ratio highlighted as the strongest in the market

Property Analytics

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Current Use

AT&T Store Mobile Phone Store B.GOOD Restaurant Needham Street Village ... Shopping Center & Mall Deka Lash Hair Salon Restore Hyper Wellness Spa & Massage Center

Suggested Use

Top Pick Food Market Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith

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

1,510

Businesses Nearby

218k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 38% Apparel 31% Dining 16% Home Improvements & Furnishings 13%

T.J. Maxx Apparel

45,110 visits/mo 0.2 miles

HomeGoods Home Improvements & Furnishings

27,618 visits/mo 0.3 miles

Michaels Shops & Services

23,306 visits/mo 0.3 miles

Sierra Apparel

22,919 visits/mo 0.2 miles

PetSmart Shops & Services

13,572 visits/mo 0.4 miles

Demographics for 02461, MA

7,430

Population

2,785

Households

2.7

Avg Household Size

44

Median Age

88%

College-Educated

97%

High-School Grad

1.5 sq mi

ZIP Area

4,953

Density / Sq Mi

$207,292

Median Household Income

$101,850

Median Earnings

$3,026

Median Rent

$1,154,500

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• The Shops at 300 Needham — 300 Needham St, Newton, MA 02464
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• Needham Street Village Shops — 55 Needham St, Newton, MA 02461

Frequently Asked Questions

What type of property is this?

Shopping center - Join a contemporary 19,000 SF service and convenience retail center with multiple access points and a 4:1 parking ratio.

Where is this shopping center located?

The property is located at 55 Needham St Newton, MA.

What are key features of this property?

This property features: 19,000 SF service and convenience retail center with contemporary design; Multiple access points for convenient ingress and egress; 4:1 parking ratio highlighted as the strongest in the market